1. 1 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt Economic Terms Branches of Government U. S.CanadaMiscellaneous

2. 2 To trade

3. 3 Barter

4. 4 When a waiter takes your order at a restaurant it is known as…

5. 5 Service

6. 6 What is the making, buying, and selling of goods and services called?

7. 7 Economics

8. 8 When an individual or company focuses on doing one task.

9. 9 Specialization

10. 10 The term used to describe when there are limited resources.

11. 11 Scarcity

12. 12 What branch of government does the President fall under?

13. 13 Executive

14. 14 Under what branch of government are bills written?

15. 15 Legislative

16. 16 Under what branch of government do you find the Supreme Court?

17. 17 Judicial

18. 18 The House of Representatives and the Senate form the...

19. 19 Congress

20. 20 How is the President’s veto overridden?

21. 21 2/3 vote in the Congress

22. 22 The first 10 Amendments of the Constitution is known as the…

23. 23 Bill of Rights

24. 24 What is the official language of the United States?

25. 25 There is no official language

26. 26 What document serves as supreme law in the United States?

27. 27 Constitution

28. 28 Term used to describe the limitations our branches of government can use so that one doesn’t over power the other.

29. 29 Checks and balances or Separation of powers

30. 30 A government system in which legalized force by the government is restricted.

31. 31 Limited Government

32. 32 Canada is divided into…

33. 33 Provinces and Territories

34. 34 The ____________ in Canada is equivalent to the United States president.

35. 35 Prime Minister (Queen is also an acceptable answer)

36. 36 What type of government does Canada have?

37. 37 Constitutional Monarchy

38. 38 In our Legislative branch, we have Congress. In Canada’s legislative branch, they have ___________.

39. 39 Parliament

40. 40 The three territories in Canada are Yukon, Nunavut and ______________.

41. 41 Northwest Territory

42. 42 Canada is the __________largest nation in the world. (in area)

43. 43 second

44. 44 What is the name of the tallest mountain in the United States?

45. 45 Mt. McKinley

46. 46 Money that the government collects from individuals and businesses to pay for public goods and services.

47. 47 Taxes

48. 48 A person who comes up with a product or service, or a better way to produce one.

49. 49 Entrepreneur

50. 50 A government in which a King or Queen are the rulers is called…

51. 51 Monarchy