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WorksheetsNot For Sale: Kelo v NLDC Vocabulary
Total questions: 20
Worksheet time: 8mins
repeal or do away with (a law, right, or formal agreement)
abrogate
alienate
compensation
impermissable
transfer ownership of (property rights) to another person or group.
abrogate
alienate
compensation
revenue
the right of a government or its agent to take private property for public use, with fair compensation.
fair market value
due process
eminent domain
abrogate
being paid for the loss or destruction of property
compensation
alienate
fair market value
due process
sum of money used in business or government (in the form of taxes) to provide goods & services
compensation
revenue
abrogate
eminent domain
synonym of "violate"
infringe
impeach
impermissable
individual
the fair treatment of all citizens & respect for their rights in the eyes of the law.
due process
takings clause
eminent domain
just compensation
"...nor shall private property be taken for public use, without just compensation."
Takings Clause
Santa Claus
Privacy Clause
Expression Clause
"...nor shall private property be taken for public use, without just compensation", meaning that if the government does take away private property, it has to...
pay you fair market value for the property.
pay you the lowest value possible.
sell your land like a real estate agent.
buy you another property in a different location.
too bad to be allowed; sleazy business dealing.
impossible
impermissible
passable
ethical
The Takings Clause outlining the government's eminent domain powers is found in the...
1st Amendment
3rd Amendment
4th Amendment
5th Amendment
Brecknock Park is an example of a ________________ service.
private
public
American Eagle Outfitters is an example of a ________________ service.
private
public
Rehoboth Beach parking is an example of a _____________________ service.
private
public
Walmart is an example of a ___________________ service.
private
public
Which economic concept identifies how rewards motivate human behavior?
incentive
entrepreneurship
spontaneous order
subjective value
Which economic concept describes how many times economic decisions have invisible & visible consequences?
entrepreneurship
gains from trade
seen or unseen
incentives
Which economic concept describes how nothing is free, and that every decision you make means you decide not to do something else?
subjective value
entrepreneurship
incentive
opportunity cost
Which economic concept is summarized by, "one man's trash is another man's treasure"?
subjective value
incentive
gains from trade
opportunity cost
In any economic exchange, both parties tend to believe that the exchange is for their own benefit. Which economic concept is this?
gains from trade
subjective value
incentive
comparative advantage
