Test 2 Review

Name one example of a government funded

research project:

• The Human Genome Project
• The International Space Station Project
• The Apollo Moon Landing Project
• The Mars Rover Project

What are examples of economic resources?

• Education, skills, and knowledge
• Technology, machinery, and equipment
• Land, labor, capital, and entrepreneurship
• Water, air, and sunlight

Which of the following is a natural resource?

• Plastic
• Electricity
• Water
• Concrete

Why are economic resources important?

• Economic resources are not important for production, distribution, and consumption of goods and services.
• Economic resources are only important for consumption of goods and services.
• Economic resources are important for production, distribution, and consumption of luxury goods only.
• Economic resources are important for production, distribution, and consumption of goods and services.

What is a trade agreement?

• A recipe for making traditional food
• A type of currency used in international trade
• A form of transportation for goods
• A pact between two or more nations to promote and regulate trade

This refers to a market outside its own country:

• internal market
• local market
• domestic market
• foreign market

This best describes a sanction:

• A reward for good behavior
• A form of protection
• A penalty or punishment imposed on a country, organization, or individual
• A form of negotiation

Judicial activism is best described as:

• Judges making decisions that go beyond interpreting and applying existing laws
• Judges strictly adhering to existing laws without any interpretation
• Judges avoiding making any decisions
• Judges always following the exact wording of the laws

What is judicial restraint?

• Limiting the exercise of judicial power and deferring to other branches of government
• Ignoring the exercise of judicial power and not deferring to other branches of government
• Using the exercise of judicial power to control other branches of government
• Expanding the exercise of judicial power and overriding other branches of government

What was the purpose of the GI Bill?

• To fund scientific research
• To promote international trade
• To provide benefits to World War II veterans
• To support environmental conservation efforts