______ is the idea that punishments should make criminals pay for what they have done wrong (eye for an eye/revenge)
retribution
15
_____ is the idea that punishments should be of such a nature that they will put people off (deter) committing crimes
deterrence
15
____ is the idea that punishments should try to change criminals so that they will not commit crimes again
reform
15
Another term for the death penalty is _________
capital punishment
5
What is the difference between crime and sin?
Crime - an act against law
Sin - an act against God
15
______ are principles of right and wrong behaviour. There is a value judgment here made by individuals or society. _____ are rules of behaviour based on ideas about what is morally good and bad
morals, ethics
10
When looking at punishment, what is the idea behind reparation?
that the punishment should repair any damage done.
15
In economics, _________ is what you give up when you make one choice over another
opportunity cost
15
A situation in which quantity supplied is greater than quantity demanded is called a ________
surplus
15
What is the law of supply?
when the price of a good rises, suppliers increase their quantity supplied. When the price of a good decreases, supply will decrease.
15
Who believed that capitalism exploited workers, and they would eventually revolt to overthrow capitalism and create a classless, stateless society with no private ownership?
Karl Marx
10
What book did Adam Smith write in 1776?
Wealth of Nations
10
What is another term for the working class?
proletariat
10
__________ is a theory that the economy does better without government intervention in business.
laissez-faire economics
10
President Franklin Roosevelt implemented this program to combat economic depression which enacted a number of social insurance measures and used government spending to stimulate the economy
New Deal
10
_______ is an economic system based on private ownership of capital.
