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Honors Civics & Personal Economics Unit 1 > Personal Economics > Flashcards

Personal Economics Flashcards

0
Q

Why will using the decision making process we discussed In class result in a better decision being made than simply creating a list of pros and cons?

A

You have to weigh the benefits & risks of them so you know how much their worth

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1
Q

What is the difference between a skill and an aptitude ?

A

Aptitude is a recognized skill you enhance

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2
Q

What are 5 steps in the decision making process ?

A

Define problems, list alternatives, specify criteria, evaluate alternative

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3
Q

Ease at which someone can do something (potential) alternative

A

Aptitude

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4
Q

Secrets of a straight A student. What were 3 things that all of the students had in common that made them successful?

A

They all got involved in multiple activities, set studying homework as a priority, and made sure they understand

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5
Q

Gaining something good from a decision is an_____

A

Opportunity benefit

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6
Q

The value of what is given up when making a choice is an____

A

Opportunity cost

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7
Q

What are 3 examples of duties that as an American Citizen you should do ?

A

Voting, pay taxes, etc

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8
Q

What are two examples of similarities between a dictatorship and a monarchy?

A

They are both ruled by one person. That one person makes all decision

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9
Q

What are 4 things that legal aliens CANNOT do that u.s citizen can do?

A

Run for president , vote in elections, may not serve in juries, or work in most government jobs

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10
Q

What are 3 branches of the U.S Government?

A

Judicial
Legislative
Executive

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11
Q

What are the 4 main functions of government ? What is real life example of each function?

A

Ensuring everyone is safe, providing military services,maintaining key functions of government, securing constitutional rights
Real life example: keeping everyone safe is providing cities with police officers

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12
Q

What does the acronym S.M.A.R.T stand for?

A 
Specific
Measurable 
Attainable
Relevant
Timely
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13
Q

Unlimited power to the leader individuals have no personal rights or liberties

A

Totilaritsm

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14
Q

System of gov. In which members meet to discuss all policy decisions & then after to divide by majority rule

A

Direct democracy

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15
Q

Based on or in accordance with what is generally done or believed

A

Conventional

16
Q

A buisness or company

A

Enterprise

17
Q

An informal social gathering. Especially one organized by the members of a particular club or group

A

Social

18
Q

Having or revealing natural creative skill

A

Artistic

19
Q

Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a dept

A

Interest

20
Q

Importance worth or usefulness

A

Value

21
Q

A task or action that someone is required to perform

A

Duty

22
Q

The state of having a duty to deal with something or of having control over someone

A

Responsibility

23
Q

A person who legally belongs to a country and has the rifts and protection of that country

A

Citizen

24
Q

The study of the rights and duties of citizenship

A

Civics

25
Q

The principle that the authority of the government is created and sustained by the consent or it’s people , through their elected representatives.

A

Popular sovereignty

26
Q

The legal act or process by which a non citizen in a country may acquire citizenship or nationality of that country

A

Naturalization

27
Q

Belonging to a foreign country or nation

A

Alien

28
Q

A person who comes to live permanent in a foreign country

A

Immigrant

29
Q

Expel a foreigner from a country , typically on the grounds of illegal status or for having committed a crime

A

Deport

30
Q

An official count or survey of a population typically recording various detail of Individuals

A

Census

31
Q

A state in which supreme power is held by the people and their elected representatives

A

Republic

32
Q

A monarchy in which the powers of the ruler are restricted to those granted under the constitution and laws of the nation

A

Constitutional monarchy

33
Q

A government that concentrates political power In an authority not responsible to the people

A

Authoritarian regime

34
Q

What are 3 examples of responsibilities that as an american citizen you should do?

A

Obey laws
Pay taxes
Volunteer

35
Q

What is the difference between an alien and a immigrant ?

A

Immigrant plan to live or stay in america , an alien is someone who comes to american but doesn’t plan to stay

Honors Civics & Personal Economics Unit 1 (1 decks)

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