1 / 31

Do Now - Journal

Do Now - Journal. *Which of the following shows incentive or profit motive, which is a characteristic of our American economy? -The government withholds taxes from a worker’s wages -A worker chooses to work overtime for an increase in pay -The next year a business must pay a higher tax

jake
Download Presentation

Do Now - Journal

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Do Now - Journal • *Which of the following shows incentive or profit motive, which is a characteristic of our American economy? • -The government withholds taxes from a worker’s wages • -A worker chooses to work overtime for an increase in pay • -The next year a business must pay a higher tax • -A worker accepts a pay cut from his employer and is discouraged from working • *What are the major results of competition?

  2. Welcome! The Topic For Today Is…

  3. Your Topic

  4. Topic 1: 200 • Question: • A form of government where supreme authority lies in the hands of the people • Answer • Democracy Back

  5. Topic 1: 400 • Question: • Which two societies does our government trace its roots to? • Answer • Ancient Greece and Ancient Rome Back

  6. Topic 1: 600 • Question: • Compact among the thirteen original states that established the first government of the United States. This form of government made the states MORE powerful than the central government, thus making it too weak to govern the country as a whole. • Answer • The Articles of Confederation Back

  7. Topic 1: 800 • Question: • Citizens having to abide to both state and federal laws is an example of which term from our unit? • Answer • Federalism Back

  8. Topic 1: 1000 • Question: • Why did the framers of the Constitution create three separate branches of government? • To help people with different opinions cooperate • To increase the power of the central government • To keep any one branch from gaining too much power • To provide enough officials to handle the volume of work • Answer • To keep any one branch from gaining too much power Back

  9. Topic 2: 200 • Question: • “The condition that results because people have limited resources but unlimited wants” is a definition of . . . • Answer • Scarcity Back

  10. Topic 2: 400 • Question: • Why are tradeoffs necessary? • Resources are limited. • Every product has flaws. • People want different things. • Advertisers promote products. • Answer • Resources are limited Back

  11. Topic 2: 600 • Question: • Which of the following best describes the primary purpose of an economic system? • To respond to market failure • To address equity concerns to improve fairness • To determine society’s use of scarce resources • To protect domestic producers from foreign competition • Answer • To determine society’s use of scarce resources Back

  12. Topic 2: 800 • Question: • “Your next best choice” or “What you give up to get what you want” • Answer • Opportunity Cost Back

  13. Topic 2: 1000 • Question: • What are the four factors of production? • Answer • Land, Labor, Capital, Entrepreneur Back

  14. Topic 3: 200 • Question: • The first words of the Constitution indicate that power and authority in our system of government come from the • states. • people. • voters. • lawmakers. • Answer • The People Back

  15. Topic 3: 400 • Question: • Type of government present in the United States, where elected leaders represent the citizens • Answer • Representative Democracy Back

  16. Topic 3: 600 • Question: • Which of the following shows incentive, which is a characteristic of our American economy? • The government withholds taxes from a worker’s wages • A worker chooses to work overtime for an increase in pay • The next year a business must pay a higher tax • A worker accepts a pay cut from his employer and is discouraged from working • Answer • A worker chooses to work overtime for an increase in pay Back

  17. Topic 3: 800 • Question: • Idea that people are the only source for any and all government power • Answer • Popular Sovereignty Back

  18. Topic 3: 1000 • Question: • Philosopher that believed people were too selfish to govern themselves and that people gave up all rights in return for protection from government • Answer • Thomas Hobbes Back

  19. Topic 4: 200 • Question: • What are the two main results of businesses competing? • Answer • Lower Prices and Better Quality Goods Back

  20. Topic 4: 400 • Question: • If I chose to work on Thursday night rather than study for an Ages test I had on Friday, what was the opportunity cost? • -the chance at a better grade on Friday’s test • -the extra money I made by going to work • -the CDs I bought with the money I made • Answer • The chance at a better grade on Friday’s Test Back

  21. Topic 4: 600 • Question: • With every purchase you make there is a ____________ • Answer • Tradeoff Back

  22. Topic 4: 800 • Question: • The three economic questions every society asks is: • A. What to produce, when to produce, how to produce? • B. What to produce, how to produce, for whom to produce? • C. What will people buy, why should I care, where to get resources from? • D. What land to get resources from, how much capital is there, who will start the business • Answer • B: What to produce, how to produce, for whom to produce Back

  23. Topic 4: 1000 • Question: • Which of these is the best example of a public good? • A gas station • The post office • A movie theater • A clothing store Identify how it is funded • Answer • The post office – By the people through taxes Back

  24. Topic 5: 200 • Question: • Our current governing document is…. • Answer • The Constitution Back

  25. Topic 5: 400 • Question: • Which is a purpose of the government set out by the Preamble to the U.S. Constitution? • A. To form a more perfect union • B. To provide for the common defense • C. Establish Justice • D. All of the above • Answer • D. All of the above Back

  26. Topic 5: 600 • Question: • Ruled give up rights in exchange for government protection • Answer • Social Contract Back

  27. Topic 5: 800 • Question: • This philosopher believed that people had Natural Rights. Who was the philosopher and what are the Natural Rights? • Answer • John Locke – Life, Liberty, and Property Back

  28. Topic 5: 1000 • Question: • Which of the following best describes the concept of limited government? • Powers are divided among three coequal branches of government. • All political power belongs to the people. • Government operates within certain bounds set by the Constitution. • The people must behave according to rules set by the government. • Answer • Government operates within certain bounds set by the Constitution Back

  29. Bonus Question: 5000 pts. • Question: • This country is the smallest country in the world, suspected to be one of the richest, as well as having some of the worst crime per capita • Answer • Vatican City Back

  30. People=Power800 pts. • Question: • Term that means people are the source of all power • Answer • Popular Sovereignty Back

  31. Randomness600 points • Question: • Montesquieu proposed that government should be… • Answer • Broken into three separate branches Back

More Related