A capitalist economic system is one in which

A capitalist economic system is one in which

a) individuals and corporations share ownership of the principal means of production, and profits are distributed equally.
b) all individuals have an equal chance of owning the principal means of production, often in the form of stock ownership.
c) a central government determines production and price levels.
d) private individuals act according to market principles and enhance the general welfare, with no government involvement.
e) individuals and corporations own the principal means of production, through which they seek to earn profits.


Answer: e) individuals and corporations own the principal means of production, through which they seek to earn profits.

The principle of judicial review was first established expressly in writing in the Supreme Court decision of

The principle of judicial review was first established expressly in writing in the Supreme Court decision of

a) Marshall v. Jefferson.
b) United States v. Nixon.
c) McCulloch v. Maryland.
d) Marshall v. United States Congress.
e) Marbury v. Madison.


Answer: e) Marbury v. Madison.

Judicial review means

Judicial review means

a) the power to remove Supreme Court justices from the bench if deemed unfit to retain office.
b) the right of the Congress to determine whether a decision of the Supreme Court is or is not Constitutional.
c) the Solicitor General's oversight of the courts to make sure that rulings are uniform nationwide and that procedural due process is being followed by all courts.
d) the right of the president to determine whether a decision of the Supreme Court is or is not Constitutional.
e) the right of the courts to determine whether executive or legislative acts are or are not Constitutional.


Answer: e) the right of the courts to determine whether executive or legislative acts are or are not Constitutional.

Grants that are given more or less automatically to states or communities, which have discretion in deciding how to spend the money are called

Grants that are given more or less automatically to states or communities, which have discretion in deciding how to spend the money are called

a) categorical grants.
b) discretionary grants.
c) block grants.
d) project grants.
e) formula grants.


Answer: c) block grants.

The requirement of a drinking age provision before states can receive federal highway aid is an example of

The requirement of a drinking age provision before states can receive federal highway aid is an example of

a) an important element of the "formula" used to calculate formula grants.
b) a string attached to categorical grants.
c) an unfunded mandate.
d) the efforts of state agencies to get federal funds.
e) a project grant supported by the interest groups.


Answer: b) a string attached to categorical grants.

The main type of federal aid to state and local governments is in the form of

The main type of federal aid to state and local governments is in the form of

a) block grants.
b) categorical grants.
c) formula grants.
d) project grants.
e) revenue sharing.


Answer: b) categorical grants.

The principal type of federal aid for states and localities is

The principal type of federal aid for states and localities is

a) categorical grants.
b) block grants.
c) disaster loans.
d) revenue sharing.
e) urban renewal grants.


Answer: a) categorical grants.