civics & econ dictionary by: amanda. goal 1 albany plan of union benjamin franklin’s plan for...

114
Civics & Econ Dictionary By: Amanda

Upload: aron-simmons

Post on 03-Jan-2016

219 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Civics & Econ Dictionary

By: Amanda

Page 2: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 1

Page 3: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Albany Plan of Union

Benjamin Franklin’s plan for a permanent union of the colonies under one represented government.

Page 4: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Aristocracy

A government in which power rest in the hands of the upper classes.

Page 5: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Autocracy

A government in which power rest in the hands of a single individual. (ex. King or Emperor)

Page 6: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Bacon’s Rebellion

Nathanial Bacon rallied forces to fight Native Americans of Virginia frontier.

Page 7: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Committees of Correspondence

Groups dedicated to organizing colonial resistance against the crown .

Page 8: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Declaratory Act

An act that stated that parliament had the authority to impose laws on the colonies.

Page 9: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Enlightenment

A time that featured revolutionary ideas in philosophy and political thought .

Page 10: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Egalitarianism

The idea that all men are created equal and possess “natural rights” simply because they are human beings.

Page 11: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Eminent Domain

The government’s power to take private property for public use.

Page 12: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Establishment Clause

Forbids congress from establishing a religion.

Page 13: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Jean Jacque Rousseau (1712- 1778

Promoted equality, a principle on which the Declaration of Independence was based.

Page 14: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Land of Ordinance of 1785

Divided the land into townships and allowed Congress to raise money by selling the land to settlers.

Page 15: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Montesquieu (1689-1755)

A French political leader who believed that the best form of government was one that featured a separation of powers.

Page 16: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Oligarchy

A government whose power is the hands of a small group of people.

Page 17: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Theocracy

A government based on religion

Page 18: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 2

Page 19: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Associate Justices

Associate Justices are the other eight justices after the lead justice

Page 20: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Budget Deficit

The government spends more money than it has in a yearly revenue.

Page 21: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Censure

A senator or representative is publicly reprimanded.

Shame on you

Page 22: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Deficit Spending

The willingness of the government to spend more money than they have.

Page 23: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Expenditures

Things that the government must pay for. (Ex. National Defense, government salaries, federal programs, etc.

Page 24: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Filibuster

A tactic in which a senator delays a vote by continuously talking.

Blah Blah

Blah!!!

Page 25: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Impeachment

The removal of a president who violates the constitution.

HjfsahgaklsfjhgjksfaghafjkhgfaklFjksgflkjsdhgkjfsghkkjghkjfshgkjkfHdasfjkfhjklfdglkshdfdkshfkljhdflafHdsfkhdkjfhdkdjsfhjdskfhakjldfhaFdhfjkhdfjkdhfjkdhfdjfhdjfhjdhfjdfHdjkfhdjkfhjdfhjdhfdjkfhdkjfhdkjfhDsfhkjldhfjkdhfjdhdfjdhfjkddhfjdHdsjkdshfkjdfhjdkasfhkjdshfjdfkdfHsfdjfkdfhjsfkdflkuyfrulhuewuialueJfkdshfjdskfhukeufhjdhfjdksfhjgfuhfdlskjfhufhukdfhurfhukhfuuhfjdfja\HfjkdsfhjfjjufuudjdoaoajfdkfsdajfhSyhfjdkhfjkdhfdsgyttreuyyrtddghsHfjlkdasyhfjadhsfvkjdsfgbhnjhgfgHfdjasfkldfhskajfhkjdshffhdjjjjjjdkDfjhkdjaklsjdhfueldfksdjfhjdhfjdf

Page 26: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Loose Interpretation

Allows the three branches of government to take actions not specifically delegated to them.

Page 27: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Medicaid

A health insurance program funded by both the federal and the states; provides benefits for those with low income.

Page 28: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Medicare

A federal program that provides health insurance to those over 65 and those with certain disabilities.

Page 29: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Precedence

Past court decisions are used to make legal ruling because the law is open to interpretation.

Page 30: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Reprieves

Delays the implementations of a sentence; for example, if new evidence should be considered.

TickTock

Page 31: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Social Security

A program meant to give an income for those who have reached legal retirement age.

YAY! I am

over 65!

Page 32: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Speaker of the House

This is the top post in the House; he/she is elected by the members of the house and is therefore usually a member of the majority party.

BlahBlah

House

Speaker

Page 33: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

U.S Census Bureau

Takes the census and compiles important information on it.

Page 34: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 3

Page 35: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Alderman

A member of the city council that, particularly in larger cities.

Page 36: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Board of Elections

Responsible for carrying out the process of election efficiently.

Page 37: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Constitutional Convention

A special convention called for the purpose of revising or amending the constitution.

Article IIFdjkahfeuilawgfkdsagdhskjafklHgkjflsakjkfhajhfdsldhdslkajhdflGfdhlsafhlfhsjdjs;a;sdfsdfsadfHfyjklahdksladshakasdfdsfdsfhsdlkahdskldFbhlasdjfh;sahdksHfdhsakjfhhdsdfdsfdsfdfdsfdfdHd;safh;kjdsasdfffffffffffffffffffffffDsfffffffffffffffffffffffffffffffffffffffffFfffffffffffffffffffffffffffffffffffffffffffffffSadfdsfdsfgdfsgfagaagsfdsasasAsasasassasasasasaasasasasasassaasassaasasasasasasas

Page 38: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Corporate Income Tax

Taxes placed on businesses

Page 39: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Excise Taxes

Taxes placed on specific products (i.e. taxes placed on cigarettes)

Page 40: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Federal Grants in Aid

Federal money issued to a state to help finance things like Medicaid.

Page 41: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Gerrymandering

A process in which are drawn for the purpose of ensuring election outcomes.

Page 42: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Impact Fees

Are used to finance the building or expansion of government building.

Page 43: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Mayor-Council Plan

It is the city council that passes city ordinances (laws specific to a particular city)

Page 44: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Property Tax

Must be paid for those who use certain kind of property, such as a home or land.

Page 45: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 4

Page 46: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Arbitration

Some cases, have the two sides decide that they may agree to make the decision of having a third party legally binding.

Page 47: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Canvassing

Volunteers go door to door in certain neighborhoods, or station themselves in public places to persuade voters to vote for a candidate.

KnockKnock

!

Page 48: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Caucus

In the caucus system, party members hold local meetings to choose delegates.

Page 49: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Counter-sue

In some cases, the defendant decides to counter sure, meaning that if the defendant wins then the plaintiff has to pay the defendant even though they were not the one to file the suit un court.

Page 50: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Civic Responsibilities

Responsibilities that citizens must be willing to take on in order in order for US society to function properly.

Page 51: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Democrats

The US is a two party systems with the two systems being republicans and democrats. Democrats are considered to be more liberal, so they tend to favor a more active government.

Page 52: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Exit Polls

Surveys taken by either campaign workers or news broadcasters, in which voters are asked who they voted for as they leave the voting area.

Page 53: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

General Election

These elections are held in November of an election year. At General Elections voters chooses between republican, democratic, or any other third party.

Page 54: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

“Grassroots”

To get their supporters to the polls, parties often rely on “grassroots” efforts. Grassroots are like the roots that lie unseen under the surface but are still a necessity for grass to grow. Grassroots campaigners are those who labors are often unseen but still important.

Page 55: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Initiative

When citizens force a vote on a particular issue by getting enough citizens to sign a petition.

Page 56: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

“Jumping on the Bandwagon”

1. Candidates often “bandwagon when they adopt new ideas because they know it will bring in voters. 2. Voters also “bandwagon” when they vote for candidates because it appears that they will win.

Page 57: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

“Just Plain Folks”

When a candidate is foreseen as relatable to the voter themselves.

Page 58: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Political Action Committee

Groups organized to ensure that the candidates who will back issues most important to the PAC get elected and remain in office.

Page 59: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 5

Page 60: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Adversarial System

A system in which court cases are typically argued by attorneys for opposing sides.

I believe that my client is

innocent!!

I have the evidence to prove

otherwise!!!

Page 61: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Annexation

The process where a city expands by taking outlying and previously independent areas.

Cove City

Page 62: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Concurrent Jurisdiction

Refers to cases where more than one court has jurisdiction.

Page 63: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Court Docket

Schedule of court proceedings for either a trial or a preliminary hearing if one is yet to be held.

Court Schedule10:00am-11:00am

1:30-2:45pm

3:00pm-4:15pm

Page 64: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Dissenting Opinion

Judges who voted differently give their reasons for coming to a different conclusion.

I Thin

k

I Thin

kI

Think

I Thin

k

Page 65: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Felonies

Serious crimes like rape, murder, or drug trafficking.

Mwhahahahahahahahahahah

Page 66: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

General Court Trials

Are referred as Superior Courts. These courts have general jurisdiction over more serious cases and civil cases.

Page 67: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Infrastructure

Services that some cities offer. Such as; utilities, sewage, water, and other resources.

Page 68: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Issue of Fact

Means that certain facts about a case were not given proper consideration.

X

XX

X

X XX

XX

X

X

XX

XX F

Page 69: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Subpoena

Legal documents ordering a particular person to appear in court to testify. If he/she refuses to show up they can be arrested for “contempt of court”

You Must Come To

Court!!

Page 70: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Writ of Certiorari

The power of higher courts to request that a certain lower court decisions be referred to them for review.

Page 71: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 6

Page 72: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Accessible Public Officials

These people make sure that the public is informed by making themselves available to the press and to the people that they serve.

There is a new Law being Passed!

Drivers under 18Are no longer

Allowed to text

While driving.

Page 73: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Boot Camps

Sometimes judges send juveniles to boot camps as an alternative to detention centers. Boot camps are military-style camps designed to rehabilitate juvenile defenders by teaching discipline and respect for authority.

Page 74: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Consumer Products Safety Commission Also known as CPSC

regulates the sale and manufacture of consumer products to make sure that they do not pose unreasonable risk of injury.

Page 75: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Central Intelligence Agency

The CIA is a primary government agency responsible for espionage. The CIA gather information on the activities of other nations.

CIA Symbol

Page 76: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Detention

Detention is the restrictions of a person’s liberty to leave a given location, sometimes, this comes in the form of house arrest.

Page 77: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Deterrence

Deterrence is meant to prevent future crimes. People who are in favor of retribution believe that this is best accomplished by using harsher punishments.

Page 78: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Environmental Protection Agency

The EPA makes sure that laws regulation pollution, the use of certain chemicals/pesticides, and waste disposal are properly followed.

Page 79: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Federal Trade Commission

The FTC ensures consumer protection by making sure companies do not engage in false advertising and that they disclose important information, like heath concerns.

FTC Symbol

Page 80: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Franking Privilege

This this the privilege to send mail for free. Elected officials can use this privilege to respond to letters from constituents or when sending out newsletters that are keeping people informed.

Page 81: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Mayflower Compact

The mayflower compact was a document that guaranteed the people of Massachusetts a voice in the government.

Page 82: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Regulatory Commission

Regulatory commissions are commissions that are established by the government to oversee certain areas.

Page 83: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Retribution

Is when a person is punished for committing a crime.

Page 84: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 7

Page 85: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Agribusiness

Agribusiness is the replacement of small family owned farms with larger, capital-intensive company owned farms.

Page 86: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Automation

Automation is the process of replacing human labor with machines; this occurs when a business learns that machine can be more efficient than human workers.

Page 87: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Basic Factors of Production

The our basic factor of production are land, labor, capital, and entrepreneurship.

Page 88: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Blue Collar/White Collar Workers

Blue collar jobs are jobs that require manual labor, while white collar jobs are ones that typically do not require manual labor.

(Blue Collar Job ex. Mechanics)

(White Collar Job ex. Doctor)

What are your

symptom

s

Page 89: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Decision-Making Model

The decision-making model is a series of steps that are followed in order to make a decision.

Define the Problem

List the Alternatives

1 2 3

State the Criteria

Evaluate the Alternatives

Decide

Page 90: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Economic Exchange

A trade of one thing for another. In a market economy this exchange is often a good, service, or other resources.

Page 91: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Immediate Gratification

It is a demand because it offers immediate relief. For example, if you went for a run and you ran by a lemonade stand there would be a demand for lemonade because it would offer you immediate gratification from the heat and the thirst that you felt.

Page 92: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Invention

An invention is any new form of technology created to meet a need.

Dell

Page 93: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Keynesian Theory

Advocates an aggressive governmental fiscal policy. A fiscal policy is a government’s strategy for using changes in public spending, purchases by the government.

Page 94: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Producer Price Index (PPI)

The PPI measures the average changes in prices for different goods.

Page 95: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 8

Page 96: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Command Economy

This economy is controlled by the government. The government owns everything.

Page 97: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Horizontal Merger

This is two companies that make the same, or similar products merger together. One company buys the other.

Page 98: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Market Economy

This system of economics is when resourses are owned by the people and they come up with their own prices.

Page 99: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Mixed Economy

A mixed economy is a mixture of market and command economies.

Page 100: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Surplus

This is when there are more goods being produced than people need or want. So the demand is lower but the productivity is higher.

Page 101: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Vertical Merger

This is when a company is bought out by someone they previously suplied.

Page 102: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 9

Page 103: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Bear Market

This is a time where the prices in the economy are falling.

Page 104: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Bull Market

A time when the stock market experiences and steady rise in prices.

Page 105: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Contraction

Occurs after an economic peaks and then shortly after starts to decline.

Page 106: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Expansion

This is the steady rise, or growth of an economy.

Page 107: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Multinational Conglomerates

Businesses that own many numerous companies around the world.

Page 108: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Goal 10

Page 109: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Ageism

A form of discrimination based on someone’s age.

Page 110: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Baby Boomers

The generation of Americans born after World War II.

Page 111: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

E pluribus unum

This saying can be found on the presidential seal, meaning from many, the one.

Page 112: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Earning Capacity

The amount of income someone will most likely make in their lifetime.

Page 113: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Melting Pot Theory

A theory that says that all people should blend together where they are undistinguishable; leaving their beliefs to have the same as everyone else.

Page 114: Civics & Econ Dictionary By: Amanda. Goal 1 Albany Plan of Union Benjamin Franklin’s plan for a permanent union of the colonies under one represented

Racism

A form of discrimination based on someone’s ethnic group.