Test 10/28/24 Flashcards
is a system in which each branch limits power of another branch.
Checks and balances
When you give up something to have another
opportunity cost
Is a ability for people to do work
Labor
Rising cost of product
Inflation
The desire of people with the same costumes and beliefs
Naturalization
Representative Government
Government in which citizens elect
What are the four major kinds of resources?
is Shelter,wood,fire
Who decides what to make, sell, and buy in a market economy?
Each person or individual makes choices about what to make/sell & buy
What does a representative government do?
Protect their rights and interest
What kind of government does the United States have?
It is the Representative Government
What are the key ideas for this type of government ?
Legislative,judicial,and executive branch
What 2 factors can affect supply and demand?
Limited of resources of how many people to buy it but if there are a lot of people to buy it then the price will go up
What type of economy did many hunter-gatherer groups have?
Traditional economy
Why is it important to be a global citizen?
Stayed in formed with the issues and help with the problem
If a country bans trade that hurts its own producers, this is an example of
Barriers to trade
