SOL Review: Civics & Economics Flashcards
Review your knowledge of Civics and Economics
What is the definition of Consent of the Governed?
Government gets its power from the people.
Example: “We the People…” shows this idea in the Constitution.
How many amendments are in the U.S. Constitution?
27 amendments.
The process is complex, which is why there are only 27 amendments in over 200 years.
What was the Articles of Confederation?
The first plan of government with weaknesses such as no power to tax or enforce laws.
What is the difference between Civic Duty and Responsibility?
Duty (must do): Jury duty, obey laws, pay taxes; Responsibility (should do): Vote, volunteer.
What is the purpose of Community Service?
Helps address local needs and supports the common good.
What does the Legislative Branch do?
Makes laws, approves budget, declares war.
What is the role of the Executive Branch?
Enforces laws, proposes budget, vetoes bills.
What is the function of the Judicial Branch?
Interprets laws; judicial review means courts can say if laws are unconstitutional.
What is Federalism?
Power is shared between national and state governments.
Where does Local Government in Virginia get its power?
From the Virginia Constitution and General Assembly.
What are the voting requirements in Virginia?
Must be 18, a U.S. citizen, and a Virginia resident.
How can one register to vote in Virginia?
Can register online, at the DMV, or by mail.
What are the roles of the media in government?
Watches for government abuse, informs people, influences opinions.
What is lobbying?
Interest groups trying to influence lawmakers.
What landmark case established judicial review?
Marbury v. Madison.
What are the three types of Economic Systems?
- Command: Government controls everything
- Free Market: Businesses make decisions
- Mixed: Blend of both (U.S. system)
What is entrepreneurship?
A person who starts a business and takes on risks.
What are the types of business ownership?
- Proprietorship: One owner
- Partnership: Two or more owners
- Corporation: Many owners (stockholders)
How can government influence the economy?
Can promote competition, regulate businesses, or adjust taxes/spending.
