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What geographic feature made early Americans consider isolationist policies? |
having a large ocean on each side of the country |
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Which word best describes early American foreign policy? |
isolationism |
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What is the primary mission of the United Nations? |
to preserve international peace through discussion |
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What is a treaty? |
a formal agreement between two or more nations |
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Which sentence best describes the role of the Federal Reserve System? |
Its role is to regulate the US financial system. |
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Is there a potential problem if governments continually finance goods and services with borrowed money? |
Yes, because eventually the debt must be repaid with interest. |
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What is the purpose of federal antitrust laws? |
to preserve competition among business firms |
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Which kind of tax is paid when purchasing consumer goods and services? |
sales tax |
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Which historical event is the best example of domestic policy? |
the Affordable Care Act |
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Which phrase best describes domestic policy? |
the government’s attempt to solve internal problems |
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Which action is an example of domestic policy? |
Congress approves a declaration of war on a foreign enemy. |
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Which government agency primarily deals with domestic policy issues? |
the State Department |
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Economics is the study of what? |
the production, distribution, and consumption of goods and services |
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If the demand for a good increases without its supply increasing, what change will occur? |
increased price of the good |
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Which economic mechanism does a barter system operate without? |
money |
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Communism and socialism are largely based on the works of which economist? |
Karl Marx |
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Which program created during President Johnson’s administration focuses on providing health coverage to the elderly? |
Medicare |
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When a government passes a law granting citizens tax credits if they use public transportation on a regular basis, which technique of policy enactment is it using? |
incentive |
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Which sentence best explains why politicians continually need to reevaluate domestic policy? |
A solution might become obsolete over time. |
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Which primary areas did President Johnson’s Great Society seek to address? |
poverty, civil rights, and health care |
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Imagine driving down the highway and reading a sign that states "Save the planet—don’t litter." Which technique of policy enactment is being used? |
hortatory |
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