3 rd 9-weeks. elections, parties, and pressure ce.5 a-f ce.7 c-d american free market system ce.9...

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Page 1: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

3rd 9-weeks

Page 2: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Elections, Parties, and PressureCE.5 a-fCE.7 c-d

American Free Market SystemCE.9 a-cCE.10 a-cCE.11 a

Page 3: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What term means seeking to influence legislators to introduce or vote for or against a bill?

A. Participating

B. Joining

C. Lobbying

D. Expressing

Page 4: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Lobbying

Page 5: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

The requirements for a majority vote to win in the electoral college favors a -- ?

A. Two-party system

B. Multi-party system

C. One-party system

D. The most experienced candidate

Page 6: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Two-party system

Page 7: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

All of the following are ways interest groups influence public policy EXCEPT:

A. Identifying issues

B. Making political contributions

C. Voting

D. Lobbying government officials

Page 8: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Voting

Page 9: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Individuals can express opinions in influencing public policy by doing all of the following EXCEPT:

A. Lobbying

B. Demonstrating

C. Sharing control

D. Writing letters

Page 10: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Sharing control

Page 11: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Which of the following is NOT a function of political parties?

A. Monitors the actions of officeholders

B. Educating the electorate about campaign issues

C. Paying people to vote for a particular candidate

D. Help candidates win elections

Page 12: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Paying people to vote for a particular candidate

Page 13: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What type of system characterizes the American political process?

A. One-party system

B. Two-party system

C. Multi-party system

D. The most experienced candidate

Page 14: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Two-party system

Page 15: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is required before a citizen may vote?

A. Voter registration

B. 15 years of age by day of general election

C. Lobbying

D. Expressing an interest

Page 16: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Voter registration

Page 17: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

All of the following are qualifications to register and vote in Virginia EXCEPT:

A. Citizen of the United States

B. Resident of Virginia and precinct

C. Hold a job in Virginia

D. 18 years of age by day of general election

Page 18: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Hold a job in Virginia

Page 19: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Persons CANNOT register to vote in Virginia –

A. In person at the registrar’s office

B. In person at the Division of Motor Vehicles

C. By telephone

D. By mail application

Page 20: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. By telephone

Page 21: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is a basic responsibility of citizenship?

A. Voting

B. Obeying the law

C. Lobbying

D. Expressing

Page 22: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Voting

Page 23: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Why have campaign finance laws been reformed?

A. Charities donate to their favorite candidates

B. Rising costs limit who can afford to run for office

C. Individuals refused to donate money

D. Candidates could not afford the application fee

Page 24: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Rising costs limit who can afford to run for office

Page 25: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Voter participation is usually greatest in --

A. Local elections

B. State elections

C. Congressional elections

D. Presidential elections

Page 26: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Presidential elections

Page 27: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Rising campaign costs encouraged the development of what?

A. Third parties

B. Political action committees

C. Nationwide boycotts of elections

D. Low income candidates seeking office

Page 28: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Political action committees

Page 29: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

In the electoral college process, the slate of electors for each state is chosen by what?

A. Poplar vote

B. Number of cities in the state

C. State’s Congressional representation

D. Is the same for every state

Page 30: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Poplar vote

Page 31: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Which is NOT a similarity between political parties?

A. Both organize to win elections

B. Both influence public policies

C. Both develop the same platforms

D. Both define themselves in a way that wins majority support by appealing to center

Page 32: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Both develop same platforms

Page 33: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Which of the following is true of third parties?

A. They introduce new ideas or press for a particular issue

B. They appeal to all voters

C. They never have extremist ideas

D. They win a majority of elections, because they involve a political personality

Page 34: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. They introduce new ideas and press for a particular issue

Page 35: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Which of the following is NOT a strategy informed citizens use to make choices in elections?

A. Identifying propaganda

B. Evaluating sources

C. Confusing fact with opinion

D. Detecting bias

Page 36: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. Confusing fact with opinion

Page 37: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What group influences elections by identifying candidates, writing editorials, creating political cartoons and broadcasting different points of view?

A. citizens

B. lobbyists

C. Political action committees

D. mass media

Page 38: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Mass media

Page 39: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

All of the following are ways the media plays an important role in setting the public agenda EXCEPT:

A. Focusing public attention on selected issues

B. Offering a forum in which opposing viewpoints are communicated

C. Holding government officials accountable to the public

D. Gathering petitions

Page 40: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Gathering petitions

Page 41: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

The United States economy is a -- ?

A. Mixed economy

B. Command economy

C. Government controlled economy

D. Traditional economy

Page 42: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Mixed economy

Page 43: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A command economy is one that –

A. Has central ownership of property and resources

B. Is the most common economic system today

C. Has a greater government role than in a free market economy

D. Has private ownership of property and resources

Page 44: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Has central ownership of property and resources

Page 45: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

In a mixed economy the government --

A. Makes decisions for the public sector

B. Adjusts supply and demand

C. Limits individual choice

D. Centrally plans the economy

Page 46: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Centrally plans the economy

Page 47: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

The most common economic system today is –

A. Central ownership

B. Mixed economy

C. Command economy

D. Free market

Page 48: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Mixed economy

Page 49: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

The following are characteristics of the United States economy EXCEPT:

A. Free market

B. Private party

C. profit

D. Central ownership

Page 50: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Central ownership

Page 51: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What economic system is based on private ownership of property, profit and individual choice?

A. traditional

B. free market

C. command

D. subsistence

Page 52: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Free market

Page 53: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is given up when a choice is made---the highest valued alternative forgone?

A. Opportunity cost

B. Price

C. Competition

D. Demand

Page 54: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Opportunity Cost

Page 55: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What are things that incite or motivate and are used to change economic behavior?

A. competition

B. incentives

C. markets

D. costs

Page 56: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. incentives

Page 57: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is the combining of human, natural, capital and entrepreneurship resources to make goods or provide services?

A. consumption

B. production

C. regulation

D. promotion

Page 58: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. promotion

Page 59: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

All of the following are resources EXCEPT:

A. natural

B. entrepreneurship

C. capital

D. Supply and demand

Page 60: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Supply and demand

Page 61: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is the using of goods and services?

A. Consumption

B. Production

C. Regulation

D. Promotion

Page 62: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Consumption

Page 63: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What consists of earnings after all expenses have been paid?

A. profit

B. Competition

C. price

D. Consumer soverignty

Page 64: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. profit

Page 65: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Consumers determine through purchases what goods and services will be produced. This is –

A. Consumer sovereignty

B. Supply and demand

C. Economic flow

D. Financial capital

Page 66: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Consumer sovereignty

Page 67: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is rivalry between producers and sellers of a good or service resulting in better quality of goods and services at a lower price?

A. partnership

B. corporation

C. competition

D. lobbying

Page 68: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. competition

Page 69: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is the amount of a good or service that consumers are willing and able to buy at a certain price?

A. demand

B. supply

C. price

D. profit

Page 70: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. demand

Page 71: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is the amount of a good or service that consumers are willing and able to sell at a certain price?

A. demand

B. supply

C. price

D. profit

Page 72: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. supply

Page 73: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Why must individuals choose/make decisions about desired goods and services?

A. Because they are sufficient

B. Because they are limited

C. Because they are marketable

D. Because they are plentiful

Page 74: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Because they are limited

Page 75: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Available resources and consumer preferences determine what is

A. consumed

B. produced

C. promoted

D. regulated

Page 76: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. produced

Page 77: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Consumer preferences and price determine what is

A. consumed

B. produced

C. purchased

D. regulated

Page 78: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. purchased

Page 79: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Private financial institutions encourage saving and investing by --

A. Paying interest on deposits

B. Offering credit cards

C. Charging monthly fees

D. Providing loans

Page 80: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Paying interest on deposits

Page 81: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What promotes and regulates competition?

A. Credit unions

B. government

C. Securities brokerages

D. individuals

Page 82: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. government

Page 83: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is a form of business organization with one owner who takes all the risks and all the profits?

A. partnership

B. proprietorship

C. entrepreneur

D. corporation

Page 84: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. proprietorship

Page 85: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is a form of business organization with two or more owners who share the risks and the profits?

A. partnership

B. proprietorship

C. entrepreneur

D. corporation

Page 86: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. partnership

Page 87: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is a form of business organization that is authorized by law to act as a legal person regardless of the number of owners and where owners share profits?

A. partnership

B. proprietorship

C. entrepreneur

D. corporation

Page 88: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Corporation

Page 89: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Who can take risk to produce goods and services in search of profit and may establish any one of the three types of business structures?

A. partnership

B. proprietorship

C. entrepreneur

D. corporation

Page 90: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. entrepreneur

Page 91: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Who buys resources, makes products that are sold to individuals, other businesses and the government, and used the profits to buy more resources?

A. Businesses (producers)

B. services

C. goods

D. Individuals (households)

Page 92: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Businesses (producers)

Page 93: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Who owns the resources used in production, sells the resources and uses the income to purchase products?

A. Businesses (producers)

B. services

C. goods

D. Individuals (households)

Page 94: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. Individuals (households)

Page 95: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

The government uses legislation to discourage monopolies in order to –

A. Promote competition

B. Trade globally

C. Limit competition

D. Encourage investments

Page 96: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Promote competition

Page 97: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

The government regulates business by using agencies to oversee business practices. All of the following are agencies EXCEPT:

A. FCC

B. EPA

C. FTC

D. CIA

Page 98: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. CIA

Page 99: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What does EPA stand for?

Page 100: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Environment Protection Agency

Page 101: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What does FCC stand for?

Page 102: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Federal Communications Commission

Page 103: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What does FTC stand for?

Page 104: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Federal Trade Commission

Page 105: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Interstate highways, postal service and national defense are all examples of

A. Supply and demand

B. Public goods and services

C. Economic activity

D. businesses

Page 106: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Public goods and services

Page 107: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Banks, savings and loans, credit unions and securities brokerages are all examples of a

A. Private financial institute

B. government

C. Consumer sovereignty

D. Public good and service

Page 108: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Private financial institute

Page 109: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Private financial institutes receive deposits and make –

A. loans

B. payments

C. goods

D. services

Page 110: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. loans

Page 111: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What determines price?

A. Interaction of supply and demand

B. Who acquires goods and services

C. The value of what is given up

D. Resources available

Page 112: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. Interaction of supply and demand

Page 113: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What does price determine?

A. Interaction of supply and demand

B. Who acquires goods and services

C. The value of what is given up

D. Resources available

Page 114: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Who acquires goods and services

Page 115: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Which is NOT a type of business ownership?

A. partnership

B. corporation

C. proprietorship

D. entrepreneurs

Page 116: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. entrepreneurs

Page 117: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Who plays an important role in all three business organizations?

A. partnership

B. corporation

C. proprietorship

D. entrepreneurs

Page 118: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

D. entrepreneurs

Page 119: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is selecting an item or action from a set of possible alternatives?

A. choice

B. incentive

C. price

D. demand

Page 120: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

A. choice

Page 121: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

What is the amount of money exchanged for a good or service?

A. choice

B. incentive

C. price

D. demand

Page 122: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

C. price

Page 123: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

Name the economy where markets are allowed to operate without undue interference from the government.

A. enterprise

B. Free market

C. Mixed economy

D. Command economy

Page 124: 3 rd 9-weeks. Elections, Parties, and Pressure CE.5 a-f CE.7 c-d American Free Market System CE.9 a-c CE.10 a-c CE.11 a

B. Free market