TEXES Social Studies 232 Latest 2023 Already Passed

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TEXES Social Studies 232 Latest 2023 Already Passed Montesquieu ✔✔Three branches of government with checks and balances Voltaire ✔✔Importance of freedom of speech, religion, press Locke �... �✔Two Treatises, people have natural rights and right to rebel Full Employment ✔✔Allows for up to 4% unemployment Money Market Funds ✔✔High rate of return, safe investment Certificates of Deposit ✔✔High rate of return, safe, have to invest for set period of time Stocks ✔✔Risky investment, but highest rate of return Muslim Achievements in Middle Ages ✔✔Algebra, Circumference of Earth, Cataract Surgery, Doctor exams Inca Farming ✔✔Terraces Aztec Farming ✔✔"Floating" gardens Robert Fulton ✔✔Invented the steamboat; Industrial Revolution Second Industrial Revolution ✔✔Came about due to steel - able to build skyscrapers Ancient India Achievements ✔✔Concept of zero and decimal system Circular Flow Model of Economy ✔✔Businesses pay households wages, rent, interest, and dividends. Households provide businesses with the factors of production. Keynes ✔✔Government intervention needed in times of economic instability. Marx ✔✔Father of communism. Said people will rise up against government Adam Smith ✔✔Father of capitalism. Stresses minimal government involvement in economy. David Ricardo ✔✔Capitalist; Law of Iron Wages - wages al [Show More]

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