Term
| What is an example of the supreme court using judicial activism? |
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Definition
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| what is judicial activism? |
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Definition
where the supreme court is not backed by legislation or the people. so they do their own thing. |
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| what is judicial restraint? |
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| Brown vs. wade follows the tradition of the people. |
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It's how the supreme court(POWER) determines the constitution. POWER TO INTERPRET THE CONSTITUTION. |
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| WHAT WAS THE SUPREME COURT? |
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HOW DID PEOPLE FEEL ABOUT THE PARTIES? |
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| DISPERSION OF A PEOPLE FROM THEIR HOMELAND |
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WHAT ARE FOUR THINGS THAT SLAVES IN AFRICA HAD? |
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Definition
1. SMALLER IN NUMBER BECAUSE THERE WAS NO MARKET FOR IT. 2. USUALLY NO PERPETUITY SO WHEN THEIR KIDS WERE BORN THE KIDS WERE FREE 3. WAR CAPTIVES HAD PROPERTY AND LIFE(RIGHT TO) |
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| WHERE WHEN A SLAVE HAS CHILDREN THE CHILDREN ARE FREE. |
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| when the slaves are on the boat. |
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Term
| why was africa dependent on Europe? |
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Definition
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Term
| how was europe dependent on africa? |
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Term
| 1781 case about a man in the middle passage? |
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Definition
| the man was killing a set number of slaves to get insurance money. |
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Term
| slave trade is an example of what in capitolism? |
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Definition
| An example that not all things are good in capitolism |
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Term
| How long did middle passage take? |
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Definition
| 1 month to 6 months on the ship. |
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Term
| Middle passage exempliefies? |
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Definition
| How the people became more like products than people in capitolism. |
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Definition
| not enough resources to meet all the needs and wants. |
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Term
what were the government systems? |
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Term
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| traditional hunter gather feudalism what work you do, how stuff is distributed by the king |
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Definition
| leaders decide production and distribution. |
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Term
| another type of market economy is? |
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Definition
| marekt: consumer and producer |
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Term
| what are characteristics of a market economy? |
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Definition
private wondership of means of production. acorns are either gathered by you or bought. So you own them. |
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Term
| the acorns are owned by whom? |
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Definition
| collectively owned but when you go in and take some they become yours. |
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Term
| another part of economic market? |
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Definition
free enterprise you can trade with anyone |
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Term
| what is the invisible hand? |
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Definition
supply and demand idea about suply and demand that it is constantly keeping the things balanced. What is good for the whole may not be best for the individual. |
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Term
| What barriers were put on foreign trade? |
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Definition
Tarrif: tax on imports make foreign more expensive and encourage produce of domestic. embargo: prohibiting importation of somethings quatas: limits on the amount of imported goods to protect domestic american companies, workers and all products. |
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Definition
| prohibiting importation of something? |
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| tax on imports/ makes foreign more expensive and encourage purchase of domestics. |
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| to protect domestic american companies, workers and products. |
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Term
if the price goes up what does the demand do? |
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Definition
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Definition
| the willingness to supply goes up. |
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Term
| what is the law of demand? |
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Definition
| if the prices goes up the demand goes down. |
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Term
| what is the law of supply? |
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Definition
| as the price goes up the willingness to supply goes up. |
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Term
| if there is a greater demand in prices what happens? |
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Definition
| prices go up encourages production |
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Term
| if prices go down what happens? |
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Definition
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Term
| when supply exceeds demand? |
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Definition
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Term
| when demand exceeds supply? |
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Term
****Does the market ever achieve equalibrium? |
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Definition
| one supplier no competition |
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Term
| ****What does a successful Market economy need? |
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Definition
consumer confidence(***) business profits back into t he company bannks help eachother out. |
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Term
| what happens with the table of rich/poor? |
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Definition
| the rich get richer the poor get poorer. |
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Term
| what are approaches to economic justice? |
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Definition
equality of opportunity opportunity is given to all equality of conditions robin hood distribution |
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what is equality of condition? |
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Definition
| robin hood redistribution |
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Term
| marxism is what? What did Carl Marx do? 2 things |
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Definition
His attempt was good tried to produce equality and fairness. Marxism defintion: socialism is a stage between capitalism and utopian society. |
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Term
what are the goals of socialism? |
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Definition
1. communism is an attempted form of socialism but has generally failed fails to produce what is promised. 2. collective ownship.(equality of condition). 3. gov't controls the means of production for the people 4. command economy, prices, proiduction and distribution government controlled. 5. general motivation: equality, security |
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Term
| general motivation for socialism? |
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Definition
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Term
| what is wrong with socialism? |
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Definition
the incentive problem why work when we all make the same amount? Freedom problem butter instead of shoes Tendency to be subverted by tyranny: totalitarinism 4. since the government controls the economy it runs into politics. 5. lack of flexibility |
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Term
| what is stronger capitalism or communism? |
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Definition
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Definition
| government stays out of economic affairs |
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Term
| IN a laISSE FAIR SOCIETY WHAT IS THE ONE THING WORKERS CAN DO? |
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Definition
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Term
| IN A COMPLETELY LAISSEZ FAIRE SYSTEM HOW LONG WOULD IT TAKE THINGS TO BALANCE OUT? |
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Definition
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Term
| DID WORKERS MAKE ENOUGH FOR HIMSELF AND A FAMILY? |
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Definition
| NO, BARELY ANYTHING SO THAT THE CHILDREN WOULD HAVE TO GO INTO WORK TO HELP SUPPORT THE FAMILY . |
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NO WELFARE OPPORTUNITY FOR ALL |
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Term
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| A NEW EXPLOITATION UNDER CAPITOLISM. |
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