| A | B |
|---|
| How did the actions of King George III affect the development of a constitutional democracy in the United States? | The military was granted independence from the civil government |
| How does Federalism promote democracy? | It establishes equal authority among the government. |
| How did tensions over taxation of the colonies lead to the development of constitutional democracies? | It lead to the development of representation in legislatures that determined taxation. |
| How did the writings of Montesquieu influence the writing of the US Constitution? | Montesquieu suggested that the powers of government be divided among separate branches, each with individual powers. |
| Which excerpt from the Declaration of Independence reflects the influence of John Locke’s political philosophy? | “that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness.” |
| What effect do third parties have on America's two party system? | Takes votes away from the major parties? |
| How state and federal judges get their appointments? | State judges are elected; Federal judges appointed by president and approved by the senate. |
| Whats the relationship between laws of NC government and those of the federal government? | North Carolina can make its own laws but the US Constitution and federal laws prevail over state laws. |
| What makes the Constitution a living document? | The Constitution can be amended (changed) |
| What is the similarity between US government and of the United Kingdom? | Both have Bicameral legislative chambers. |
| According to Federalist and James Madison, what is the advantage of a large, federal government? | It protects citizens from political factions |
| How did Brown vs. Board of Education use the Fourteenth Amendment affect the protection of citizens rights? | States could no longer segregate public schools. |
| Why do citizens comply when their property is seized by eminent domain? | contributes to the public good. |
| What affect do lobbyist have on politicians? | Lobbyists put pressure on politicians to implement laws that benefit the lobbyists interest group |
| What is the primary purpose of habeas corpus? | to ensure that citizens are not held without cause. |
| What does the Fifth Amendment guarantee? | no self incrimination; No double Jeopardy; Due process; Eminent Domain |
| How did the Supreme Court's ruling in Miranda vs. Arizona (1966) reflect the goals of the Bill of Rights? | guaranteed no self incrimination (5th Amendment) and right to an attorney (6th Amendment) |
| What was the intent of the ruling in United States vs. Bressler? | Personal beliefs do not exempt you from paying taxes |
| According to James Madison in the Federalist No. 51, what ensures good government? | citizens must submit to government and government must have limits. |
| What would be an economic incentive for improving the city's transportation? | Faster flow of goods and people would increase efficency |
| What is one of the roles of US Supreme Court? | Instruct the lower courts in procedure |
| What is the role of the appellate courts in the American legal system? | Determine if lower courts accurately applied the law. |
| What is the difference between how resources are allocated in the United States and Russia? | Market demand drives resources allocation in the United States, while the government drives resource allocations in Russia. |
| How does North Carolina median household income of 46,334 compare to the United States household median income of 53, 046? | households in NC earned less that other US households. |
| How does the federal monetary policy affect economic factors? | Ensures economic growth in prices, employment, and interest rates. |
| What is the High Point Market's role in the international furniture industry? | provides international furniture market that helps the state and country's economy. |
| What is the purpose of the Circular Flow Model? | Show interactions between households and businesses |
| What happens to consumer choice in markets with perfect competition when monopolies are formed? | Consumer choice is high but is limited when monopolies are formed. |
| In Venezuela, the government seized 100% of the profits of the oil countries. In the United States, the largest oil corporation controls 100% of the operations. How does the distribution of resources differ between Venezuela and the United States? | The United States uses mixed economy, while Venezuela uses a command economy |
| What is the GDP measuring and what would happen to the GDP during the economic recession? | National Economic Performance and GDP would fall during a recession |
| What is a reason for a person to primarily use the ATM at their own bank? | Avoid service fees from other institutions |
| How does the Federal Reserve use monetary policy to control inflation and unemployment? | By controlling interest rate |
| What is the role of credit unions in the US financial system? | provide not-for-profit financial services to their members |
| What is the purpose of quickly discussing a consumer problem with a store employee? | To solve the issue with within a retailers time limits for completing returns. |
| How does budgeting affect the financial circumstances of an individual? | It enables one to plan for future expenses. |
| What it the primary purpose of checking one's credit report? | to ensure that information is correct and current so that one can get a loan. |
| How are traditional and a Roth IRA similar? | They both have tax advantages |
| What is the primary purpose of a credit score? | To communicate a borrower's creditworthiness to lenders. |
| How does the The Consumer Finance Protection Bureau (CFPB) contribute to the employment of the consumer? | Providing consumers with information about how financial services operate |
| A person who is scheduled to leave in two days for a vacation gets sick and must cancel a trip. Which insurance covers the cost? | travel insurance |
