Public Policy/ Structure Flashcards
This economic theory proposed government hands off and was put into practice during the Roaring 20’s…
Lassez Faire
Anytime you see taxing and spending you will think of this economic policy…
Fiscal Policy
Anytime you see management of the money supply and controlling inflation you will think of this economic policy…
Monetary Policy
The economics theory advocated for deficit spending…
Keynesian Economics
The nation’s monetary policy is overseen by this federal agency…
Federal Reserve Board
Ronald Reagan believed in this economic theory where taxes were cute for the rich…
Trickle down economics
The sharing of power between the federal and state government was called this…
Federalism
Who doesn’t love free $! This type of grant is most enjoyed by the states because of the limited # of controls over it…
Block grant
What is the synonym to the Connecticut Compromise and what did it create?
Known as Great Compromise of Sherman Compromise. Created Bicameral legislature.
What branches do each of the Articles define?
1: Legislative
2: Executive
3: Judicial
What branches do each of the Articles define?
1: Legislative
2: Executive
3: Judicial
This Amendment is what states fall back on when being pushed by the federal government…
10th Amendment (If it isn’t listed, it belongs to the states and people)
Why was the Articles of Confederation a disaster and what historical event showed its weakness?
Shay’s Rebellion. No standing army, not enough money or power to do anything.
What was the name of Lyndon B Johnson’s domestic agenda and what are two medical components of it that are still around today?
The Great Society
Medicare (provides health insurance for individuals 65 and older)
Medicaid (provides health insurance for individuals who can’t afford it)
