People
Must follow the law
Everyone — not just some people.
All study guidesLearn the basics
Rule of law & the economy
No one is above the law — not even leaders. Plus the economic system in one line.
One law for everyone. No one is above it.
Leaders
Must follow the law
Even the president.
Government
Must follow the law
Government must obey its own laws.
The economy
Capitalist / free market
People and businesses buy and sell goods and services.
A way to remember
ALL means everyone
AAll people
LLeaders
LLaw applies to government, too
For the economy, remember: capitalist economy or free-market economy. Either is an accepted answer.
Try to remember
Is the president above the law?
A little more detail
What is the rule of law?
Everyone must follow the law. Leaders must obey the law. Government must obey the law. No one is above the law. Any of these phrasings is a correct answer.
The economic system
The United States has a capitalist, free-market economy. Short and simple — one of the easiest points on the test.
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