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

3rd 9-weeks

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

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

C. Lobbying

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

A. Two-party system

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

C. Voting

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

C. Sharing control

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

C. Paying people to vote for a particular candidate

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

B. Two-party system

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

A. Voter registration

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

C. Hold a job in Virginia

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

C. By telephone

What is a basic responsibility of citizenship?

A. Voting

B. Obeying the law

C. Lobbying

D. Expressing

A. Voting

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

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

Voter participation is usually greatest in --

A. Local elections

B. State elections

C. Congressional elections

D. Presidential elections

D. Presidential elections

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

B. Political action committees

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

A. Poplar vote

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

C. Both develop same platforms

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

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

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

C. Confusing fact with opinion

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

D. Mass media

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

D. Gathering petitions

The United States economy is a -- ?

A. Mixed economy

B. Command economy

C. Government controlled economy

D. Traditional economy

A. Mixed economy

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

A. Has central ownership of property and resources

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

D. Centrally plans the economy

The most common economic system today is –

A. Central ownership

B. Mixed economy

C. Command economy

D. Free market

B. Mixed economy

The following are characteristics of the United States economy EXCEPT:

A. Free market

B. Private party

C. profit

D. Central ownership

D. Central ownership

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

A. traditional

B. free market

C. command

D. subsistence

B. Free market

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

A. Opportunity cost

B. Price

C. Competition

D. Demand

A. Opportunity Cost

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

A. competition

B. incentives

C. markets

D. costs

B. incentives

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

B. promotion

All of the following are resources EXCEPT:

A. natural

B. entrepreneurship

C. capital

D. Supply and demand

D. Supply and demand

What is the using of goods and services?

A. Consumption

B. Production

C. Regulation

D. Promotion

A. Consumption

What consists of earnings after all expenses have been paid?

A. profit

B. Competition

C. price

D. Consumer soverignty

A. profit

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

A. Consumer sovereignty

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

C. competition

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

A. demand

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

B. supply

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

B. Because they are limited

Available resources and consumer preferences determine what is

A. consumed

B. produced

C. promoted

D. regulated

B. produced

Consumer preferences and price determine what is

A. consumed

B. produced

C. purchased

D. regulated

C. purchased

Private financial institutions encourage saving and investing by --

A. Paying interest on deposits

B. Offering credit cards

C. Charging monthly fees

D. Providing loans

A. Paying interest on deposits

What promotes and regulates competition?

A. Credit unions

B. government

C. Securities brokerages

D. individuals

B. government

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

B. proprietorship

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

A. partnership

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

D. Corporation

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

C. entrepreneur

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)

A. Businesses (producers)

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)

D. Individuals (households)

The government uses legislation to discourage monopolies in order to –

A. Promote competition

B. Trade globally

C. Limit competition

D. Encourage investments

A. Promote competition

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

D. CIA

What does EPA stand for?

Environment Protection Agency

What does FCC stand for?

Federal Communications Commission

What does FTC stand for?

Federal Trade Commission

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

B. Public goods and services

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

A. Private financial institute

Private financial institutes receive deposits and make –

A. loans

B. payments

C. goods

D. services

A. loans

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

A. Interaction of supply and demand

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

B. Who acquires goods and services

Which is NOT a type of business ownership?

A. partnership

B. corporation

C. proprietorship

D. entrepreneurs

D. entrepreneurs

Who plays an important role in all three business organizations?

A. partnership

B. corporation

C. proprietorship

D. entrepreneurs

D. entrepreneurs

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

A. choice

B. incentive

C. price

D. demand

A. choice

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

A. choice

B. incentive

C. price

D. demand

C. price

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

B. Free market