SS assessment 1

Read the paragraph and answer the question. Simone recently turned 18. She is excited to vote in her very first election. She follows the presidential race closely. She reads all the news articles she can find about the candidates and their positions on important issues. She decides who she wants to vote for and arrives early at the poll on election day. What basic responsibility of citizens of the United States is Simone performing?

• following the law by voting for president

• respecting the rights of others by voting early

• voting for the candidate she thinks is most popular

• making an informed choice when voting

Why is paying taxes an important responsibility of citizenship?

• because taxes allow government leaders to become rich

• because taxes help keep citizens safe from the government

• because taxes are used to pay for services that benefit society

• because taxes are used to help businesses produce needed goods

Why did the Founding Fathers include due process protections in the Bill of Rights?

• so that criminals are punished very harshly

• to prevent citizens from protesting unfair laws

• so that government leaders do not have to follow laws

• to protect innocent people who are accused of crimes

What role did the amendment process play in the adoption of the US Constitution?

• Amendments protecting the individual rights of citizens had to be added before some states would agree to ratify the Constitution.

• Amendments protecting the interests of private businesses had to be added before some states would agree to ratify the Constitution.

• Amendments expanding the power of the military and its leaders had to be added before some states agreed to ratify the Constitution.

• Amendments expanding the power of the federal government had to be added before some states would agree to ratify the Constitution.

How do households affect the economy?

• They collect taxes on goods.

• They create the supply of goods.

• They create demand for goods.

• They collect profits by selling goods.

Which statement about the business sector of the economy is correct?

• It provides public services.

• It produces goods.

• It provides labor.

• It loans out money.

Enes has a job and wants to buy a house, but he cannot afford one right now. What is the quickest way for Enes to gather enough money to buy a house?

• starting his own private business

• placing his money in a bank to earn interest

• saving a large portion of his income

• applying for a loan from a bank or credit union

Which statement about the business sector of the economy is correct?

• It sells labor to households.

• It gives loans to the government.

• It provides services to households.

• It collects taxes from the government.

What was the biggest risk that Samantha took when she opened her shop?

• the chance that the shop might be robbed one day

• not being able to find competent, hard-working employees

• that she could lose a lot of money if the shop was not successful

• the possibility that she might run out of bread or cheese during a lunch rush

Which term refers to the rivalry among businesses to supply goods and services to consumers?

• competition

• incentive

• specialization

• price