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Honors Gov and Econ - Coggle Diagram

- - - - Started by Entrepreneurs
        
        People who take the risk of starting a buisness
    - - Investing
        
        People putting their money into businesses hoping for a profit
      - Credit
        
        When someone uses buys items without spending their own money
      - Labor
        
        When someone works or when someone produces a product for selling
  - - - Supply
        
        How much of a product a company is producing
      - Demand
        
        How much want there is for a product
      - Equilibrium
        
        When the supply and demand for a product equal
    - - Perfect Competition
        
        Free entry and exit to industtry
        
        Identical Products
        
        No customer preference
        
        Large number of buyers and sellers
        
        Buyers take lowest cost product
      - Monopolistic Competition
        
        Relatively free entry and exit to industry
        
        Different Products
        
        "Tiny monopoly" because of their differences
        
        Many buyers and sellers
        
        Controls product prices
      - Oligopolistic Competition
        
        High barriers to enter industry
        
        Products could be very different
        
        Creates customer preference
        
        No price competition
      - Monopoly
        
        Impossibly high entry barriers
        
        Company controls prices
        
        Controls product output
    - - Command Economy
        
        The government controls all aspects of the economy
      - Free Enterprise
        
        Individuals control the resources & decide how they are used
    - - An area where buyers & sellers can exchange economic products
  - - - Central Bank of the US
      - Helps ensure a stable economy
    - - Federal policies that affect the supply of money and credit
    - - Income Tax
        
        Tax on a household income
      - Tariffs
        
        Taxes on imported goods
      - Property Tax
        
        Taxes on stuff that you own
      - Gift Tax
        
        Tax on gifts or rewards
      - Social Security Tax
        
        A Federal tax placed on income
      - Sales Tax
        
        Tax paid on certain goods or services at point of purchase
      - Excise Tax
        
        Tax on “special” or “luxury” goods aka "sin tax"
      - Estate Tax
        
        Tax on inheritance
    - - The revenue collection and spending desicions
- - - - Supreme Court
        
        Determines if things are constitutional or not and disputes federal laws
    - - Congress
        
        The Senate
        
        Votes on bills, amendments, nominations, and treaties
        
        The House of Representatives
        
        Creates and passes bills
    - - The Presidents
        
        Passes or vetoes bills
  - - - Deals with the legal side of PA's affairs
    - - Created and passes bills for PA
    - - Approves or vetoes bills
- - - - Freedom of Religion
        
        The government cannot endorse a certain religion
        
        The government cannot prohibit you from exercising your religion
      - Freedom of Speech
        
        You can state your political beliefs, protest, use symbolic speech, anything that may be inaccurate and anything hateful
        
        You cannot threaten lives, create social chaos, harass, incite illegal actions or hate crimes
      - Freedom of Press
        
        You can say print anything politically, make fun of people, expose wrongdoings and disagree with things
        
        You cannot intentionally injure someone's reputation, detail construction of weapons and threaten people
      - Freedom of Assembly
        
        You can protest, parade, chant hate slogans and gangs can meet in public
        
        You cannot protest by destructing property or injuring people, be on private land uninvited
      - Freedom of Petition
        
        You can sue the government for wrong and are safe from any action for doing so
    - - The Right to Bear Arms
    - - Citizens have a right to privacy on private property
    - - You cannot be invaded by the government on private property without reasonable suspicion
    - - Someone cannot be put on trial twice after being convicted for the same crime
    - - You have the right to a speedy-public trial
      - You have the right to trial by jury even in civil cases
      - You have the right to have counsel
      - Cases cannot be examined in any other court
    - - You shall not be punished disproportionately to the crime you have commited
    - - You have rights that have not been specified but are common sense
    - - Any power not specifically given to the federal government falls to the states
  - - - Abolished Slavery
    - - Any person born in the US is a citizen
      - No laws can restrict the rights of new citizens without due process
      - Laws cannot deprive citizens of legal protection
    - - The right to vote cannot be deprived
  - - - States can be sued by an individual
      - States are protected from unfair lawsuits from abroad
    - - If the Electoral College doesn't have a majority then the presidential election goes to the House of Representatives
    - - Congress has the power to tax
    - - US Senators are elected by direct majority vote
    - - The manufacturer, sale and transportation of alcohol is illegal
    - - Women have the right to vote
    - - Established the inauguration
      - Sets sessions of Congress
      - Allows for the filling of vacancies in the federal offices
    - - The 18th Amendment is repealed
    - - Limits the presidential terms to two
    - - District of Colombia gets electoral votes
    - - Obstacles to voting are declared illegal
    - - Sets up the presidential line of succession
    - - Lowered the voting age to 18
    - - Congressional pay raises take effect during the next term
- - - - The conservative political party
        
        Personal Liberties
        
        Small government
        
        Less regulations / taxes
        
        Strong military
        
        More Traditional values
    - - The Liberal political party
        
        Big government
        
        Strict regulations
        
        Small military
        
        Equal rights for everyone
        
        More Social programs
    - - Any party that isn't one of the big two
  - - - When a political party changes district maps to ensure that their party wins
    - - In the Presidential election, the electoral college decides who actually wins.
        
        The national majority vote doesn't matter
    - - How to get into the Running
        
        People have to register to run for political positions first
        
        Then they can declare that they are running for a political spot
      - Winning the position
        
        They have to be selected as the top person in their party
        
        Next they have to run against the other parties candidates
      - What happens once you win
        
        You have your spot for a certain amount of years before you have to run again