T.A.S.C. SOCIAL STUDIES AND SCIENCE READINESS

JUDICIAL REVIEW: ULTIMATE CHECK or BALANCED POWER? Hey P2G, Just before we took our OSR, we were involved in evaluating the Purpose of Judicial Review. This is an important topic as we have recently seen in the news that the Judicial branch is presently having difficulty due to the recent death of Justice Antonin Scalia. Our objectives included: To Explain the Purpose of Judicial Review and... To Discuss the Landmark Supreme Court Case Marbury v. Madison (1803) What is this political cartoon implying about the Supreme Court?  Possible Interpretation:  The Supreme Court may hold many different opinions on a subject, but ultimately when they are faced with making a legal ruling, they must offer more than just opinion. Instead the Supreme Court is expected to base their rulings on the supreme law of the land, and that is the Constitution of the United States. The Supreme Court has many responsibilities, but it was Chief Justice John Marshall that summarized th...

CHECKS AND BALANCES & SEPARATION OF POWERS Remember, Civics and Government along with American History combined is a big part of the T.A.S.C. exam therefore make sure that you are clear about these key Constitutional ideas. I wish you luck, and as always feel free to ask any questions by posting at the bottom of this document.   “You are the architect of your own future, so design your future with uncompromising sincerity.”  ―  Debasish Mridha If you want to skip the reading click on the link to take the practice exam:  Link to Exam How does this political cartoon demonstrate the challenge of replacing a Supreme Court justice in the American government? Explanation: The cartoon above shows the three branches of government ( Judicial, Executive, and Legislative branch ) and how they interact with one another. The Judicial Branch is on the far left, then the Executive in the middle, and the Legislative on the right. The Presid...

BANKING and MONEY Hey P2G Here is a review from our History class concerning the week of 3/14/2016. Our objectives included: To explain how has the concept of money evolved Describe how do banks operate How Has Money Evolved Originally Barter was used for the exchange of resources or services for mutual advantage, and the practice likely dates back tens of thousands of years, perhaps even to the dawn of modern humans. Some would even argue that it's not purely a human activity; plants and animals have been bartering—in symbiotic relationships—for millions of years. In any case, barter among humans certainly pre-dates the use of money. Today individuals, organizations, and governments still use, and often prefer, barter as a form of exchange of goods and services. Outside of China, the first coins developed out of lumps of silver. They soon took the familiar round form of today, and were stamped with various gods and emperors to mark their authenticity. The...

Business Models: Hey Class, here is a summary of the types of business models we discussed in class during the week of 3/7/16 Are Objectives included: Explaining the difference between a small and large business model Recognizing the key aspects of the corporate mode. SMALL BUSINESS Most business in the United States are Sole Proprietorship. This is the simplest form of ownership for a sole owner and requires little more than a tax ID number. This business model offers maximum freedom, but also has the risk of unlimited liability or in other words unlimited financial responsibility. On the positive side, the owners profits are only taxed once.  A Partnership  is the easiest business organization type to create, as it only requires an agreement, which can be verbal or written. In a partnership, the owners manage and control the business, and all revenue flows directly through the business to the partners, who are then taxed based on their portions of the...

Economics: Supply, Demand, Shift, and Equilibrium Good Day P2G,  Hope all is well and that you have been reviewing your social studies notes. So what did we do in our TASC history class during the week of 2/29/2016?  Our overall objectives were to be able to explain: The factors that influence supply and demand What is market equilibrium "The law of supply and demand is the theory explaining the interaction between the supply of a resource and the demand for that resource. The  law of supply  and demand defines the effect that the availability of a particular product and the desire (or demand) for that product has on price. Generally, if there is a  low supply and a high demand,  the price will be high. In contrast, the greater the supply and the lower the demand, the lower the price will be" Source:  Investopedia SUPPLY Supply must always be understood from the perspective of the seller. Sellers always want to sell mo...