1. Ch 17-NC18 What are some things the FED can do to manipulate the money supply and increase or decrease interest rates? 2. What are the functions of the FED? 3. How do banks get money? 4. List services of banks 5. List the different types of banks and their characteristics 6. What is the difference between monetary and fiscal policy? 7. Inflation 8. Recession vs. expansions 9. CPI tracks what? 10. Draw and explain the levels in a business cycle 11. Progressive, regressive, and proportional taxes 12. Excise, sales, payroll, and income taxes- list which level of government gives each specific tax 13. Bull vs. bear 14. GDP, GDP per capita 15. Outsourcing 16. Comparative advantage, tariffs, NAFTA, EU 17. Balance of trade, trade surplus, trade deficit 18. Time deposit vs. demand deposit 19. Sherman Anti- Trust Act 20. List ways in which the government regulates businesses ( most are 3-4 letter words) 21. Monopolies 22. FDA, OSHA, FTC, etc… 23. Disposable income vs. discretionary vs. personal income Ch 15-17 Study Guide 1. Monetary vs. Fiscal policy 2. Time deposit 3. Recession vs. expansion 4. Income tax vs. excise tax 5. Sherman Antitrust Law 6. List ways in which the government regulates business 7. Why was the FDA started? Remember the story from class 8. Consumer Product Safety Commission 9. Characteristics of the market economy and different names of the market economy 10. The invisible hand 11. Discretionary vs. disposable income 12. Capital gain vs. dividend 13-14 SG List some things that affect supply and could lower or raise production costs- list all of them from your notes! surplus and a shortage What does price help business owners answer? What are the 3 questions of economics? Explain the law of demand What is a price control? Explain the two types Explain diminishing marginal utility Profit Free enterprise (aka. The invisible hand) Laissez faire The factors of production definition and 4 types What should happen to supply if demand increases? Scarcity Product market vs. factor market Sole proprietorship and corporations- advantages and disadvantages of each Stock- what type of business has it? What happens to price during a surplus? E. Price 3 things needed for demand to exist Inelastic vs. elastic items Substitutes vs. complements- give examples and definition Marginal benefit in relation to marginal cost Variable cost Supply, demand, command economy, sole proprietorship, corporations, labor unions, strike, collective bargaining, market economy, opportunity cost, traditional economy- SG ch 22 and 23 What kind of people have been “discriminated” against when it comes to who can vote? Absentee ballots Who is more likely to vote? apathy What is the difference between primaries and the general election? What is censorship? Prior restraint? Why is TV so important to politics? Recall Glittering generality Stacked cards Name calling Activism Petition Mass media What is a lobbyist? Referendum and initiative, how are they different? Just-plain folk Slander and libel First two political parties Difference between Democratic- Republicans and Federalists 26th amendment Tammany Hall Describe the two party system in the US Whig party National convention, what happens? Watchdog, what does this mean? Purpose of political parties electoral college well informed citizentry Runoffs Platform vs. planks Political parties Planks Platform Precincts Split ticket Patronage Primary election General election Propaganda Bias Electoral College Incumbent Media Ch 19-21 What is the Juries job? What are the differences between criminal and civil laws? Remember the following amendments- 4th, 5th, 6th, 7th, 8th What is common law? How is it different than statutory? What is the difference in felonies and misdemeanors? What is detention and recidivism? Explain the adversarial system of justice What is administrative law? What is the only crime in the Constitution? List the correct order of events in judicial process Name all the types of law that would be included under public law Jurisprudence Draconian Law, Laws, Civil disobedience, Statutes, Legal code, Code of Hammurabi, Assault, Probable cause, Treason, Terrorism, Indictment, Embezzlement, Battery, Burglary, Status offender , Delinquent, Crime, Misdemeanor, Criminal law, Felony, Warrant, Bail, Plea Bargaining, Parole, Civil law, Arraignment Ch 11 and 12 SG What is federalism? What level of government has the most power? Explain some characteristics on NC trial judges What level of courts hear misdemeanors? Felonies? What is the difference between veto and line-item veto? What did the Leandro case do? State v. Mann? Who is the leader of the state executive branch? Home rule, what does it allow to be done Town meetings what are they an example of Public policy, give examples Ordinance, what is it Police- Sheriff, highway patrol, city police. Who has jurisdiction where? Council manager, mayor council, and commission forms of government Charter, what is it Intergovernmental revenues, what are they, who gives, who gets General assembly, what is it Unitary system, initiative, referendum, apportioned, council of state, zoning, municipality https://docs.google.com/a/johnston.k12.nc.us/document/d/1NuJXlrM3I9jgazSCf2k6gIhou9N5rp54JVBvTetaaMA/edit Ch 8- 10 SG Know the following: Which house is “closest” to the people? Who is in line for presidency? List some specific powers of Congress listed in the Constitution What do the legislative, executive, and judicial branches do? What is the elastic clause List the steps in a bill becoming a law List the 7 hats of the president requirements to be president How are electoral votes What are some powers of the president List 4 top cabinet positions in the US government corporations List the types of cases federal courts have jurisdiction over How is the court of appeals different than the district courts? Judicial review- what is it what case gave it Draw a triangle diagram that would describe the levels of the courts Vetoing is an example of what? Who declares war? Who says a law is unconstitutional? Who selects the Speaker? Court cases- Roe v. Wade, Marbury, Miranda, Dred Scott Ch 6-7 Test Study Guide! The Bill of Rights-what it is and its purpose Purpose of the amendments Affirmative action and its criticisms Reserved powers of the state governments under federalism, list them. What is judicial review? What court case established it? Plessy v. Ferguson- what did it do? What principle did it establish? Brown vs. BOE- what did it do? What did it overturn? How many amendments are there? Civil disobedience When were the 13, 14,15th amendments passed? What did they do? Eminent Domain Tinker vs. Des Moines The establishment clause How do court cases show that the Constitution is a flexible, living document? Know the following amendments! 1st, 13th, 14th, 15th, 5th, 6th, 19th, 4th, 16th, 2nd, 10th, 8th Remember, all tests are cumulative… SG 4- NC 5 Test Know the following People and what they did or believed; Know why events or documents are important John Locke Montesquieu Hobbes French and Indian War Magna Carta Shay’s Rebellion Intolerable Acts Mayflower Compact and the Virginia House of Burgesses Weaknesses of the Articles of Confederation Common Sense Colonial divisions The Virginia Plan, NJ Plan, 3/5s Compromise, and the Great Compromise Differences between the Articles and the Constitution Necessary and Proper Clause Concurrent, Enumerated, Reserved, and Implied powers Popular Sovereignty, Checks and Balances, Separation of Powers, and Federalism- define each and tell how they limit government Declaration of Rights How NC Constitution can be amended State v. Mann and Leandro V. NC |
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