Term
Declaration of Independence |
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Definition
| "Life, liberty, and the persuit of happiness" stated that the U.S. was free from Great Britain. |
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| Charters of the VA Compony of London |
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| Rights of English men guaranteed to colonists |
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| People elect office holders to make laws. |
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| Government is not all-powerful and may only do only those things people have given it power to do. |
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| Virginia Declaration of Rights |
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| Served as a model for the Bill of Rights to the Constitution by Gerorge Mason. |
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| In a democratic system of Government, the people rule. |
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| People are the source of any and all government power. |
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-Protects fundamental freedoms -Establishes the structure of U.S. government |
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| Purposes of the Constitution |
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-To form a more perfect union -To establish justice -To ensure domestic peace(tranquility) -To provide defense |
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-Expresses reasons why the Constitution was written. -Establishes that the power of government comes from the people. |
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| Federal System of Government |
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| The national government is supreme over the state and local government. |
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| Powers of the national Government |
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Definition
-expressed powers specifically listed in the Constitution. -inplied powers used to carry out expressed powers in the Constitution. -Powers not given to National gov't by The Constitution are reserved for the states. |
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NATIONAL: supreme court has power of Judicial Review |
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| NATIONAL: makes laws for nation, approvespresidential appointments. |
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| NATIONAL: Executes law of the land |
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| Power is divided among the three branches to prevent any one branch from abusing its power. |
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1. Action by congress or convention 2. Ratifacation by the states Total of 27 admendments |
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| Selecting an item of action from a set of possible alternatives |
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| the gov't decides what produsts to make, how many, how to make them and who gets them |
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A system in which the govt owns all land, business, and resources, associated with command economy. |
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| More than one individual or business produces a similiar product. |
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| Consumer preferences and price determines what is purchased. |
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| Buying and using a product. |
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| Individual consumers make basic economic decisions based on supply and demand. |
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| Things that motivate or encourage and individual toward an action ; ex. buy one get one free. |
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| Individuals and the govt share in the decision making process. |
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| What's given up when a choice is made. |
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| The amount of money exchanged for goods or services. |
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| Anything owned by an individual or business. |
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| Turning resources into a final good or service. |
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| Anything used in the production of goods and services such as raw materials, human labor, capital money and entreprenuership. |
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| The inability to satisfy all wants at the same time, resources and goods are limited. |
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| Price of a product is determined by how much of it is available, and how much consumers want it. |
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