APGovCh.15.Angelina.Zamora Flashcards

1
Q

Affordable Care Act (ACA)

A

A 2010 law designed to ensure that nearly all Americans would have access to health care coverage including those living in poverty

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2
Q

Agenda settings

A

The process of forming the list of issues to be addressed by government

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3
Q

Board of Governors

A

In the federal reserve system a seven-member board that makes most economic decisions regarding interest rates and supply of money; it is led by the Federal Reserve chair

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4
Q

Budget Deficit

A

The economic condition that occurs when expenditures exceed revenues

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5
Q

Charter School

A

Semi-public schools that have open admission and receive some support form the government and may also receive private donations to increase the quality of education

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6
Q

Common Core

A

A voluntarily adopted multi-state approach to setting standards that all students should achieve up through the high-school level

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7
Q

Department of Health and Human Services

A

The cabinet-level department administering most federal social welfare and health-related policies and programs; it includes the national institutes for Health the centers for Disease Control and Prevention and the food and drug administration

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8
Q

Depression

A

A server and long-lasting decline in the economy that occurs as investment sags production falls off and unemployment increases

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9
Q

Discount Rate

A

The rate of interest at which the feral reserve board lends money to member banks

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10
Q

Distributive policies

A

Public policies that provide benefits to individuals group communities or corporations

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11
Q

Entitlement programs

A

Government benefits that all citizens meeting eligibility criteria-such as age, income level or unemployment-are legally ¨entitled¨ to receive.

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12
Q

Federal Reserve Systems

A

The organizations in the United States tasked with such responsibilities as managing the money supply stabilizing prices moderating interest rates and reducing unemployment

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13
Q

Fiscal policy

A

The deliberate use of the national governments taxing and spending policies to maintain economic stability

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14
Q

Governmental agenda

A

Problems to which public officials feel obliged to devote active and serious attention

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15
Q

Gross Domestic Product (GDP)

A

The total market value of all goods and services produced in a country during a year

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16
Q

Inflation

A

A rise in the general price levels of goods and services within an economy

17
Q

Keynesian economics

A

An economic approach first championed by economist John Maynard Keynes in the 1930s who maintained that spending bu government can stimulate economic growth much faster than a free market could on its own.

18
Q

Laissez-faire

A

The economic philosophy that endorses a very limited role for government in the economy

19
Q

Means-tested programs

A

Programs requiring beneficiaries to have incomes below specified levels to be eligible for benefits; among these are social security insurance temporary aid to needy families and the supplemental nutrition assistance program formally called ¨food stamps¨

20
Q

Medicaid

A

A government program that subsidizes medical care for the poor

21
Q

Medicare

A

The federal program established during Lyndon B Johnson administration the provides medical care to elderly Social Security recipients

22
Q

Monetary Policy

A

A form of government regulation in which the nations money supply and interest rates are controlled

23
Q

National debt

A

The total amount owed by the federal government to its creditors, both domestic and international

24
Q

No Child Left Behind Act (NCLB)

A

Bipartisan education reform bill that employed high standards and measurable goals as a method of improving American education across states; in 2016 it was largely replaced by the Every Student Succeeds Act

25
Q

Non-means-tested programs

A

Programs that provide cash assistance to qualified beneficiaries, regardless of income; among these Social Security and unemployment insurance.

26
Q

Open market operations

A

The buying and selling of government securities by the federal reserve bank

27
Q

Policy adoption

A

The approval of a policy proposal by people with the requisite authority, such as a legislature

28
Q

Policy evaluation

A

The process of determining whether a course of action is achieving its intended goals.

29
Q

Policy formulation

A

The crafting of proposed courses of action to resolve public problems

30
Q

Policy Implementation

A

The process of carrying out public policy

31
Q

Public Policy

A

An international course of action or inaction followed by the government in dealing with some problem or matter of concern

32
Q

Recession

A

A decline in the economy that occurs as investment sages production falls off and unemployment increases

33
Q

Redistributive policies

A

Public policies that transfer resources from one group to assist another group

34
Q

Regulatory policies

A

Public policies that limit the activities of individuals and corporations or prohibit certain types of unacceptable behavior

35
Q

Reserve requirements

A

Government requirements that a portion of member banks deposits be retained as backing for their loans

36
Q

Social security act

A

A 1935 law that established old-age insurance; assistance for the needy aged blind and families with dependent children; and unemployment insurance

37
Q

Systemic agenda

A

A set of issues to be discussed or given attention; it consists of all public issues viewed as requiring governmental attention

38
Q

Vouchers

A

Certificated issued by the government that may be applied toward the cost of attending private or other public schools