Foreign Policies test Flashcards
What is the “rally ‘round the flag effect?”
The President initiates a foreign action, and people rally around him, because they want to support the president.
isolationism
The opinion that the US should withdraw from world affairs.
Containment
the belief that the US should resist the expansion of aggressive nations, especially the former Soviet Union.
Disengagement
the belief that the US was harmed by its war in Vietnam and so should avoid supposedly similar events.
Human Rights view
The view that we should try to improve the lives of people in other countries
What are the 4 world views?
- Isolationist
- Containment
- Disengagement
- Human Rights
“Military-industrial complex”
An alleged aliens between military and cooperate leaders
cost overruns
When the money actually paid to military suppliers exceeds the estimated cost.
Majoritarion Politics
Almost everyone pays and almost everyone benifits
Interest group Politics
One small group pays, and one small group benefits,
Client Politics
Almost everyone pays, and one small group benefits
Entrepreneurial Politics
A small group pays, and almost everyone benefits.
Inflation
- define?
- Comes from?
- if there is too much money chasing too few goods, we get inflation.
- Comes from printing too much money, government making it too cheap
Recession
Not enough money to support goods.
Keynesian spending up… (3)
- spend too much
- demand goes up
- prices go up
Keynesian spending down…(3)
- save too much
- demand goes down
- unemployment goes up
Keynesian how to control (3)
- Regulate demand
- taxes up when spending is down
- taxes down when spending is up
Planning Theory what to do: (2)
- plan through wage and price controls
2. industrial policy
industrual policy
Government spends in certain industries
Supply Side Economics what to do: (1) (5)
- Give large tax breaks to the suppliers.
2. suppliers have more money-make more investments in their own business-hire more workers,-unemployment decreases.