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Civics Economic System and National Economy Flashcards

6 cards from real Civics Test practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 Civics Economic System and National Economy flashcards as text
  1. What is the economic system of the United States?

    Answer: Capitalist and free market economy

    The United States has a capitalist and free market economy where businesses are privately owned and prices are determined by supply and demand.

  2. What is the 'rule of law' in the United States?

    Answer: Everyone must follow the law

    The rule of law means that everyone, including government officials and the President, must follow the law.

  3. What is the supreme law of the land?

    Answer: The Constitution

    The Constitution is the supreme law of the land and all other laws must be consistent with it.

  4. How many amendments does the U.S. Constitution have?

    Answer: 27

    The U.S. Constitution has 27 amendments, with the first ten known as the Bill of Rights.

  5. What do we call the first ten amendments to the Constitution?

    Answer: The Bill of Rights

    The first ten amendments to the Constitution are called the Bill of Rights and protect fundamental individual freedoms.

  6. What is one power of the federal government?

    Answer: Print money

    Printing money is an exclusive power of the federal government; states are not permitted to print their own currency.