Unit 2 SS Review Question Preview (ID: 57181)
Government And Economic Understandings.
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All citizens have a right to a lawyer as a part
a) due process
b) paying taxes
c) household
d) earning an income
What right of citizens is also a responsiblity?
a) freedom of speech
b) due process
c) voting
d) freedom of religion
The constitutional amendment process
a) happens all the time.
b) is very easy.
c) is difficult so that only the most important changes occur.
d) only involves the federal (national) government.
Households use the income they get in exchange for their labor to
a) sell goods and services
b) buy goods and services
c) work for free
d) give away
When companies compete, they try to sell their goods and services
a) for more than their competitor.
b) for less than their competitor.
c) for free.
d) for the same amount as their competitor.
Which of the following is NOT a characteristic of an entrepreneur?
a) owns their own businesses
b) takes risks to earn a profit
c) works for someone else
d) makes decisions regarding their business
Households and private must both pay ___________ to the government.
a) taxes
b) labor
c) damages
d) wages
Sally has a job at Burger King in high school. Which of the following statements is true?
a) Sally will provide income to Burger King which it will use to make hamburgers.
b) Sally will receive income in exchange for labor that she can use to purchase goods and services.
c) Sally will buy income from Burger King in exchange for hamburgers.
d) Burger King will exchange its labor for Sally's income.
Paying _________ to the government is a citizen's responsibility to help provide for the common good.
a) amend
b) interest
c) votes
d) taxes
Households provide ____________ to private businesses.
a) taxes
b) labor in exchange for income
c) income
d) votes
Banks earn a profit by charging _______________ to the loans they provide to houesholds and private businesses.
a) deposits
b) income
c) votes
d) interest
How much of Congress does it take to PROPOSE an amendment?
a) 3/4
b) 2/3
c) 1/4
d) 1/2
How much of the state legislatures does it take to RATIFY an amendment?
a) 1/2
b) 2/3
c) 3/4
d) 1/4
In the US, elections are held to select members of Congress. What civic responsiblity do citizens have during elections?
a) Citizens are expected to run for office.
b) Citizens are expected to protest.
c) Citizens are expected to put signs in thir yards.
d) Citizens are expected to vote.
Why is competition between companies important for the economy?
a) Companies competing keeps costs down, giving consumers more money to spend on other goods.
b) Companies competing keeps prices high.
c) Companines competing has no effect on the economy.
d) Companies competing lets companies charge more for their goods, helping consumers buy less goods.
Chicken Run has been the only chicken resturant in town for years. Many people complained how much a chicken sandwich cost. A new chicken restuarant just opened and sells their chicken sandwiches for a lower price. What will most likely happen?
a) Chicken Run will raise the price of their sandwich.
b) Chicken Run will lower the price of their sandwich
c) Chicken Run will not change the price of its sandwich.
d) The new restuarant will raise its price of its chicken sandwich.
Two companies sell similiar pencils. How will competition between the two companies most likely affect customers?
a) The two companies will try to reduce the quality of the product and sell it for more.
b) The two companies will try to increase the quality of the product and sell it for a lower price.
c) The companies will try to sell less of the product.
d) The two companies will raise the costs of their pencils.
In order to protect people accused of commiting crimes and make sure they are treated fairly,
a) the founding fathers included due process in the Bill of Rights of the Constitution
b) the Articles of Confederation was created.
c) government leaders are exempt from following the law.
d) criminals are punished very harshly.
________________ are responsible for ratifying amendments.
a) congress
b) sumpreme court
c) states
d) households
The Framers of the Constitution included a way to amend the constitution because they knew society would
a) stay the same
b) change over time
c) fall under a dictatorship
d) the Constitution would need to be replaced.
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