Economic Terms Branches of Government U. S. Canada Miscellaneous 5 pt 5 pt 5 pt 5 pt 5 pt 10 pt 10 pt 10 pt 10 pt 10 pt 15 pt 15 pt 15 pt 15 pt 15 pt 20 pt 20 pt 20 pt 20 pt 20 pt 25 pt 25 pt 25 pt 25 pt 25 1pt To trade 2 Barter 3 When a waiter takes your order at a restaurant it is known as… 4 Service 5 What is the making, buying, and selling of goods and services called? 6 Economics 7 When an individual or company focuses on doing one task. 8 Specialization 9 The term used to describe when there is limited resources. 10 Scarcity 11 What branch of government does the President fall under? 12 Executive 13 Under what branch of government are bills written? 14 Legeslative 15 Under what branch of government do you find the Supreme Court. 16 Judicial 17 The House of Representatives and the Senate is also known as the … 18 Congress 19 How is the President’s veto overridden? 20 2/3 vote in the Congress 21 The first 10 Amendments of the Constitution is called the… 22 Bill of Rights 23 What is the official language of the United States? 24 There is no official language 25 What document serves as supreme law in the United State 26 Constitution 27 Term used to describe the limitations our branches of government can use so that one doesn’t over power the other. 28 Checks and balances or Separation of powers 29 A government system in which legalized force by the government is restricted. 30 Limited Government 31 Canada is divided up into… 32 Provinces and Territories 33 The ____________ in Canada is equivalent to the United States president. 34 Prime Minister 35 What type of government does Canada have? 36 Constitutional Monarchy 37 In our Legislative branch we have a congress. In Canada’s legislative branch they have ___________. 38 Parliament 39 The three territories in Canada are Yukon, Nunavut and ______________. 40 The Northwest Territory 41 Canada is the __________largest nation in the world. (in area) 42 second 43 What is the name of the tallest mountain in the United States? 44 Mt. McKinley 45 Money that the government collects from individuals and businesses to pay for public goods and services. 46 Taxes 47 A person who comes up with a product or service, or a better way to produce one. 48 Entrepreneur 49 A government in which a King or Queen are the rulers is called… 50 Monarchy 51