Unit 3 Flashcards
Marble cake federalism
No clear distinction between fed/state
Neo federalism
Federal > states
Vertical federalism
Federal to state
NATO
Allies for containment of USSR in Cold War
Horizontal federalism
State to state
Dual federalism
Separation between federal and state
MAD
Mutually assured destruction
Isolationism
US avoids overseas engagement
Layer cake federalism
Clear separation between fed and state
Liberal Jihad
20th century role of US in WWs
Elastic Clause
Grants congress implied powers
WTO
World Trade Organization
Gun boat diplomacy
Use of military force to achieve diplomatic objective
Cold War
45 yr geopolitical conflict between US and USSR
Truman Doctrine
Us should support countries threatened by communist regime
Containment
US surrounds USSR with alliances
Banana republic
Gov’ts overthrown by US if they don’t trade on American terms
Discount rate
% fed charges banks to borrow
Ho chi min
Vietnamese communist leader
Horatio Alger
19th century author who wrote American success stories
Benevolent hegemony
Country exerts dominant force with good intention
World bank
International bank that provides loans to developing countries
Supply side
Pro investor/ producer
Good neighbor policy
Emphasized cooperation and trade with Latin America during Roosevelts presidency
Commerce clause
Congress has power to regulate commerce with foreign nations
GATT
General agreement on tariff and trades
Flat tax
All levels pay the same rate