Review Topics I. Monday A. Topics/Concepts a. Salutary Neglect/Mercantilism i. Causes of Revolutionary War b. Political Values i. English Heritage ii. Declaration of Independence iii. Preamble to Constitution c. Articles of Confederation i. Basic Design ii. Federal Powers iii. Weaknesses iv. Impact of Daniel Shays’s Rebellion d. Constitutional Convention and Constitutional Debate i. Major Compromises ii. Federalists and Anti-Federalists iii. Bill of Rights iv. Articles of the Constitution e. Citizenship i. Theories of the immigration’s impact on American Culture ii. Historical and current resistance to immigration iii. Changes in immigration policies iv. Naturalization v. Civics Duties vs. Civic Responsibilities B. Activities a. Make an appointment II. Tuesday A. Topics/Concepts a. Federal Government i. Legislative 1. Structure (bicameral, representation in each house, terms) 2. Purpose (legislative and non-legislative duties) 3. Checks and Balances 4. Expressed vs. Implied Powers 5. Limitations 6. How the above enables them to perform four functions of gov. ii. Executive 1. Structure (Pres/VP, Cabinet, Commission, Agencies, Departments, terms) 2. Purpose (Roles, Constitutional Powers, roles of agencies, departments, ect.) 3. Checks and Balances 4. How the above enables them to perform four functions of gov. iii. Judicial 1. Structure (how their picked, three levels, terms) 2. Purpose (jurisdiction at each level, Judicial Review) 3. Supreme Court Process 4. Checks and Balances 5. How the above enables them to perform four functions of gov. b. State Government i. The Branches and their duties 1. Executive 2. Legislative 3. Judicial ii. Reserved Powers iii. Concurrent Powers iv. Budget: Revenue and Expenditures c. Local Government i. County and City Organization ii. Services Provided iii. Budget: Revenue and Expenditures d. Comparing Constitutions i. Purpose ii. Emphasis iii. Design III. Wednesday A. Legal System: a. Rule of Law i. How does the Constitution Establish it? Examples of Clauses and Amendments ii. How has it been expanded over time? iii. How does it influence the creation and maintance of legal procedures (think about due process rights and court procedure) b. Law Making Process i. Steps for how a bill becomes a law at federal and state level. ii. Role of each branch of government in terms of legislation process. c. Enforcement i. How are laws enforced at each level of government? ii. Be able to cite examples for each level: Federal, State, and Local. d. Types of Law i. Identify the purpose of each. ii. Who enforces each? e. Court Procedures i. Steps in a Civil Case ii. Steps in a Criminal Case iii. Steps in a Juvenile Case f. Legal Rights i. Identify your legal Rights ii. How well have they been enforced overtime? Gi ve examples. iii. To answer above look at Supreme Court Cases (Use your Cornell notes they have them up there). Make sure you can identify the type of Constitutional Issue (right, clause, power, ect) involved in the case, for this is what the exam is after. g. Penal System i. Discuss the different purposes of prisons. ii. Evaluate the Death Penalty h. Influences on Law i. How do the following influence the creation and enforcement of laws and policies: 1. Interest Groups 2. Political Parties 3. The Media 4. The Public IV. Thursday A. Political Parties a. Origins b. Changes in the parties c. Election Process i. Primary 1. Different Rules ii. National Convention iii. General Election d. Role of Third Parties e. How they can be influenced: i. Media ii. Role of Public Opinion Polls iii. Interest Groups f. How they shape Policy i. Planks ii. Platforms g. Campaign Finance i. Soft vs. Hard ii. Public vs. Private iii. Specific Laws iv. Attempts at Reform v. Citizens United B. Personal Financial Literacy a. Long term vs. Short Term Planning b. Human Capital and Standard of Living c. How to make a budget d. Types of Investments i. Types ii. Compound Interests iii. Risk vs. Reward iv. Impact of taxes and fees on return e. Benefits and drawbacks of credit i. Credit Score 1. How to build it 2. What hurts it ii. Compound Interests f. Consumer Protection i. Role of Government ii. Types of Scams iii. How to avoid them iv. Outlets for education V. Friday A. Economics a. Major Principles i. Scarcity and Opportunity Costs ii. Economic Flow Chart iv. Productivity 1. Human Capital 2. Specialization v. Costs and Revenue 1. Types 2. Cost Benefit Analysis vi. Impact of Inflation vii. Supply and Demand 1. The laws 2. Role of Equilibrium Price viii. Roles 1. Price 2. Competition 3. Profit Motive b. Economic Systems i. types 1. Draw a Continuum ii. Three Production Questions 1. How are they answered differently iv. Four Factors of Production 1. How are they allocated differently c. Market i. What is a Market ii. Types of Markets iii. Put them on a Continuum d. Macro Indicators i. GDP 1. What does it not show ii. NDP iii. Unemployment 1. Issues iv. Standard of Living/ Costs of Living v. Consumer Price Index vi. Business Cycles e. Major Institutions i. Federal Reserve 1. Purposes 2. 3 Tools 3. Structure ii. Banks 1. Purpose 2. Relation to wealth 3. Types iii. Stock Market f. Role of Government i. Competition ii. Consumer Protection iii. Providing Public Goods iv. Dealing with Externalities v. Federal and State Expenditures v. Federal and State Revenues 1. Specifics 2. Types of Taxes (progressive, regressive, flat, ect) B. Trade a. Why nations trade and How they decide what to produce and what to trade? i. Scarcity ii. Absolute Advantage iii. Comparative Advantage iv. Specialization b. Trade Balance i. imports ii. exports iii. Trade Deficits iv. Trade Surpluses v. Benefits and drawbacks of trade deficits and surpluses c. Impact of Trade i. Globalization and Interdependence ii. Impacts on Wealthy Nations iv. Impacts on Third World and Developing Nations d. Free Trade vs. Protectionism i. Arguments for Each ii. Arguments against each iii. Quotas iv. Tariffs v. Subsidies vi. How trade restrictions impact supply and demand and equilibrium price? e. Our Economy i. NC domestic economy i. Historical ii. Contemporary iii. Trade ii. U.S. i. Historical ii. Contemporary iii. Trade