Boom in 1920s Roaring 20s – Economic Boom High employment and wealth Leads to Great Depression
Great Depression Economic Bust Causes: Over-production Over-investing Paying workers too little Not paying back loans
Gold Rush Economic Booms NC (1799) California (1848) People migrate to western NC California (1848) People migrate to western California
Inflation The devaluation of money as the supply increases
GDP Gross Domestic Product Similar to GNP Amount of goods produced and sold by a nation Tool for measuring an economy
Unemployment Percentage of unemployed workers Tool for measuring an economy
Personal Finance Money Choices Bad Choices will ruin your life Save Do not borrow too much Be careful with a credit card Bad Choices will ruin your life
Civics The Study of citizenship.
Limited Government The government cannot do anything it wants.
Popular Sovereignty People have the power. This power is exercised by voting.
Separation of Powers The government is divided into three separate branches.
Republicanism We elect officials to represent us. Example: President Barack Obama and Senator Kay Hagan)
Federalism The division of power between National, State, and Local Government.
Individual Rights People are born with these and it is the government’s job to protect them
Mecklenburg Resolves Halifax Resolves NC is 1st! In ignoring the King (may 1775) Halifax Resolves In declaring independence (april 1776) documents
Declaration of Independence Declares independence from England Unalienable Rights Life, Liberty, and the Pursuit of Happiness Grievances “All men are created equal” Author: Thomas Jefferson July 4th 1776 documents
1 2 Articles of Confederation documents First US Government (1781-1789) Weak National Gov’t Strong State Gov’t documents 1 2 US Constitution
Bill of Rights documents 1791 1st 10 amendments of the US Constitution Gov’t must protect your rights Lists the specific rights documents
US Constitution documents 2nd form of National Gov’t Explains Roles and Powers of Gov’t Explains Rights documents
NC Constitution 1776 1868 1971 Basic Government Civil War Rewrite NC constitution documents