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CSET Social Science Subtest 3 Economics fully solvedgraded A+).

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CSET Social Science Subtest 3 Economics fully solvedgraded A+).

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CSET Social Science
Subtest 3: Civics fully
solved &
updated(graded A+)
Evolutionary Theory - answer The state evolved from family. The
head of the family is the government.


Force Theory - answer Government was created when all the people
of the area were bought under the authority of one (by force).


Divine Right Theory - answer The state was created by god. The
divine has chosen people to rule.


Social Contract Theory: Thomas Hobbs - answer In a natural state,
no government exists. People surrender the power to the state to
maintain order. People do not have the right to break the
agreement.


Social Contract Theory: John Locke - answer People are naturally
endowed with the right to life, liberty and property. They willingly
contract power to government to protect these rights. People have
the right to break this agreement.


John Locke - answer Two treaties of Government: people need
government to maintain social order and cannot live in groups
without conflict.

,Abraham Lincoln - answer Government should do for the community
whatever they need to promote general welfare - individuals could
or would not do on their own.


Governments purpose - answer Maintain social order, provide public
services, provide national security, and control the economic
system.


Economic systems do the following... - answer 1. What and how
much should be produced, 2. How goods and services should be
produced. 3. Who gets the goods and services that are produced.


Capitalism - answer Freedom of choice and individual incentive.
1. Private ownership and control of property and economic
resources.
2. Free enterprise
3. Competition among businesses
4. Freedom of choice
5. The possibility of profits


Adam Smith (1776) - answer Buyers and sellers were free to make
unlimited economic decisions in the marketplace. Free enterprise:
decisions made by buyers and sellers


Mixed Market Economies - answer Free enterprise but supported by
government decisions in the marketplace - the structure that the
U.S. has today.


Socialism - answer Government owns the basic means of production,
decides how to use resources, distributes products and wages,
provides social services.
1. Distribution of wealth and economic opportunity equally among
people

, 2. Society's control, through its government, of all major decisions
about production
3. Public ownership of most land and factories


Democratic Socialism - answer Works within the democratic system
to improve economic conditions.


Communism - answer No social classes, all property is held in
common, and government is not necessary.


Karl Marx (1818 - 1883) - answer Advocated violent revolution.
Bourgeoisie (production) and workers (proletariat) would eventually
collapse because smaller groups of capitalists would control all
means of production.


Command Economy - answer Decisions of the economy are made by
upper levels of government and handed down to managers.


Liberal - answer Government should promote health, education and
justice. Curtail economic freedom to increase equality. Socially - no
restrictions to most individual freedoms.


Conservative - answer Limiting the role of government except in
supporting traditional moral values. Private individuals should solve
social problems. Free market with limits on government
intervention.


Moderates - answer Fall between liberals and conservatives.


Libertarians - answer Support both economic and social freedoms.

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