Civics SOL Review Part 4 (CE.11-13)

Front

Which person would most likely be considered an entrepreneur? Options: Travis works as a mechanic at a car dealership, Jose took a risk to make a profit from home storage units, Emma sells cellular devices for a national company, Ming teaches math in a public high school.

Back

Jose took a risk to make a profit from home storage units

Front

If my government is selling me bread for $5 a loaf, and I have no choice but to buy that type of bread, I live in a _____ economy.

Back

Command

Front

There are four types of economic systems. Most economies are _____.

Back

Mixed

Front

"Households receive money (payments) for the labor." Which label on the circular flow best describes this?

Back

Income

Front

A business where owners share profits and risks is called what?

Back

Partnership

Front

A business that has one owner would be an example of a -

Back

Sole Proprietorship

Front

The number of electors of each state is based on..

Back

Congressional Representation

Front

The requirement for a majority vote in order to win in the electoral college favors..

Back

Two Party System

Front

What do you call the system where the presidential candidate who wins the majority of that state's popular vote gets all of the state's electoral votes?

Back

Winner takes all system

Front

This candidate supports the removal of- Business regulations, Pollution controls, Import tariffs, Income taxes

Back

Income taxes