Unit 1 Flashcards
Grants-in-aid
Grants that are given by the national government for a purpose.
Block Grants
Money given by the federal government with a broad purpose with little string attached. State control.
Ex. the fed gov gives a state a grant for infrastructure
Categorical grants
Money given by the federal government for a specific purpose that comes with restrictions concerning how the money should be spent. You can only spend the money given on things within the category the government gives you. There are two types of categorical grants: project and formula grants.
Project grants
Money states apply for by submitting specific project proposals.
Formula grants
Specific money given to states after using a formula to know how much money is actually needed to be given.
N, C, or S:
Declare War
National
N, C, or S:
Education
State
N, C, or S:
Maintain armed forces
National
N, C, or S:
Taxation
Concurrent
N, C, or S:
Establish local governments
State
N, C, or S:
Regulate interstate or foreign trade
National
N, C, or S:
Borrow money
Concurrent
N, C, or S:
Regulate business within the state
State
N, C, or S:
Admit states and coin money
National
N, C, or S:
Charter banks
Concurrent