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Civis
wsa
78
Economics
10th Grade
05/28/2009

Additional Economics Flashcards

 


 

Cards

Term
Postage Free
Definition
Franking privalage
Term
Gerrymandering
Definition

Odd shaped voting district

 

racial consideration

Term
House of burgessess
Definition
first represenative legislature
Term
Judicial review
Definition

court reviews loaw, determines constitutionality

 

Marbury vs Madision

Term
Apathy/Apathetic
Definition

Mass being pulled bye few

 

voting day is a holiday

Term
Tossed salad
Definition

immigrants keep with their culture

 

(not like a melting pot)

Term
E Pluribus Unum
Definition

out of many

 

(one)

Term
Standard of guilt
Definition

Beyond a reasonable doubt

 

(all must rule guilty)

Term
Why do government agencies have websites?
Definition

To inform citizens

 

ex: FBI most wanted lists

Term
Mayflower Compact
Definition

First Direct Democracy

 

(ex: Social contract)

Term
Why did colonies develope an independent ID?
Definition

Long distance between the United States and Great Britain

 

(salutary neglect)

Term
Mercantilism
Definition
colonies provide raw source of materials and customer base
Term
Common Sense
Definition

Seperate from British rule now!

 

(written by Thomas Paine)

Term
Cause of American Revolution
Definition

no colonial representation in parliment

 

"No taxation without representation"

Term
John Locke
Definition

Idea of Natural Rights

(life liberty, and pursuit of happiness)

 

Thomas Jefferson based it on the Declaration of Independence.

Term
When can government be abolished?
Definition
When it stopd fowllowing the will of the people
Term
How can government be abolished?
Definition
refuse to elect incumbants
Term
To fix Articles of Confederation
Definition
made central (federal, national) government stronger
Term
Biggest problems with Articles of Confederation
Definition
Couls not raise army because it could not tax
Term
Why did anti-federalists agree to constitution?
Definition

Because the "Bill of Rights" was included.

 

Bill of Rights outlined civil rights/liberties

Term
Federalists  (1)
Definition

For stronger central Government

For the consitution

Term
Federalists  (2)
Definition
Alexander Hamiltion
Term
Federalists Papers
Definition
purpose: spread the word for federalists and rally new government support for the consitution
Term
Main Anti-Federlaists
Definition
Thomas Jefferson: Democratic Republican Party
Term
The Great Compromise
Definition

Solved the problem of representation

 

Settles the New Jersy and Virginia plan dispute

Term
When do states get more representation
Definition
When the population increases census taken every 10 years
Term
3/5 Compromise
Definition
Solve issue of slave representation in southern states
Term
What you lost
Definition

Opportunity cost

 

(memories of the dance)

Term
Economy based on competition
Definition

market economy

 

"invisible hand"

Term
Local Legislatures
Definition
county commision city council, town council passes local laws/ordinances
Term
Ordinances
Definition
Local law
Term
War Power Act (1973)
Definition

limits power of executive branch

 

After 30 days, president must have congressional approval to send troops

Term
Who pays for the government?
Definition
Federal (central, national) government
Term
Who opposes the defense in court?
Definition
prosecution
Term
Materials used to start a buisiness
Definition

capital

 

(money, machine, raw materials, labor)

Term
Why invest in human capital?
Definition

Increase productivity,

Increse profit

Term
Why do we have 3 branches of government?
Definition
Seperation of powers
Term
Supreme court
Definition
deals with constitutionality
Term
why is the dollar the standard form of currency>
Definition
stability of the dollar's value
Term
5th amendment
Definition

due process

 

fair and speedy trial

 

no double jeopardy

 

no self incrimination

Term
Informed citizen
Definition
be literate
Term
who provides the labor
Definition
citizens
Term
who has the power to tax?
Definition
federal, state, and local government
Term
Adoption and Divorce cases
Definition
settles in civil court, some divorces are settles through mediation
Term
legal monopoly
Definition

(ex: untility, cable)

 

Watch closely by government

Term
Entrepeneurs
Definition

Start their own buisiness

 

Risk takes

 

are aware of the consumer price index

Term
Federal government over state government
Definition

supremacy clause

 

McColloch vs Maryland (MAIN ONE)

 

Marbury vs Madision

 

Gibbons vs Ogden

Term
Common punishment for felonies
Definition
Jail time, imprisionment/incarceration
Term
Plea Bargaining
Definition
Decrease the strain on the court dockets
Term
What if a 12 year old steals something>
Definition

he goes to juvenile court

 

GOAL: rehabilitation

Term
What can't a Lobbyist do?
Definition
pay a politicians rent
Term
Interdepence
Definition
Trade between two or more countries
Term
Robotis
Definition
Led to a decrease in human capital (labor force)
Term
How can a corporation raise money for expansions?
Definition
sale stock
Term
Gideon vs Wainwright
Definition
Right to an attorney
Term
Tinker vs Des Moines
Definition
Students protesting Vietnam freedom of expressions in school
Term
Who appoints?
Definition

President

 

(executive office)

Term
Who approves
Definition
Senate
Term
No political party
Definition
no partism
Term
Reason for search warrants
Definition
to justify tactics, probable
Term
comparative advantage
Definition
when a country/company can produce somthing at a lower opportunity cost
Term
duties
Definition
serving on a jury
Term
corporations
Definition
dividens stocks, limited liability
Term
why invest
Definition
profit
Term
unanimous jury has come
Definition
to a consensus
Term
public policy
Definition
made by county commission, county council, school boards
Term
14th admendment
Definition
newly freed slaves, equal protection, Brown vs Board of Education
Term
Brown vs Board of Education
Definition

overturn legalized segregation (desegregated)

 

-Overuled Plessy vs Fergusson

-African Americans had the right to public edu

-14th admendment (equal protection)

Term
Espionage
Definition
Tied to federal court
Term
Most trials are settled where?
Definition
State district court
Term
Federal Reserve
Definition
Intrest rates with FED raised the discounted rate banks raise intrest rates
Term
Voting
Definition
citizens most powerful expression of power
Term
who has the burden of proof
Definition
Prosecution, innocent until proven guilty
Term
Populary Svereignty
Definition

consent of the governed, will of the people,

 

 

vox populi, vox domoni

Term
common laws
Definition
precedent
Term
buisinesses in many countries
Definition
multinational corporation, mcdonalds, wal-mart
Term
gives nc residents a right to an
Definition
Nc constitution, declaration of rights education
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