U.S. Gov Unit 5 PT Flashcards
It assists and advises the President concerning national security policy.
National Security Council
Large nations meet once a year to discuss important issues of the global economy and security.
Group of 8 (G8)
It resolves disputes between members regarding international trade.
World Trade Organization
Its foreign policy responsibilities include declaring war, regulating commerce with other nations, and providing for defense.
Congress
Nations meet to resolve issues, promote human rights and economic development, and plan for health education and services.
United Nations
It protects U.S. citizens abroad and provides foreign ministers to other countries.
State Department
It engages in scientific research and makes recommendations to the government.
National Academy of Sciences
___________ uses monetary policy to control the flow of money in the economy.
The Federal Reserve
Which of these actions can the Federal Reserve do to discourage borrowing?
increase the discount rate
According to the economic theories of John Maynard Keynes, the best way to avoid or lessen the impact of a recession is to __________.
stimulate the national economy with government spending
The __________ is the blending of executive and legislative power into one body.
city-commission form of government
The national and state governments share power.
concurrent
Congress may provide for the general welfare of the nation through taxation to fund services and benefits.
Spending Cause
This power is limited to the states
reserved
Congress has the authority to make any laws it needs in order to exercise its power, even if it limits the powers of states.
Necessary and Proper Clause
The federal government can impose its authority on the states by taking action first in matters related to the national government.
preemption
States laws must be in accordance with the U.S. Constitution.
Supremacy Clause
(__________) provides medical care benefits for senior adults.
Medicare
(__________) is a system in which the government controls all factors of production and redistributes all produced services and goods.
Communism
Local governments get most of their revenue from sales and (__________) taxes.
property
(__________) allows property ownership and the right to take risk in order to earn profit.
Capitalism
(__________) is challenged by increasing benefits due to longevity inflation, and politicians who hesitate to change the system.
Social Security
foreign policy emphasizing building cordial relationships with other nations.
detente
foreign policy of rebuilding Europe after World War 2 to prevent encroachment of communism
Marshall Plan
program funded and administered by states to provide healthcare for impoverished children and adults.
Medicaid
foreign policy of the United States from its founding until the mid -20th century
isolationism
foreign policy that sought to contain the spread of communism
Truman Doctrine
provides foreign ministers to other countries and protects Americans overseas
State Department
foreign policy standing against European involvement in countries in South and Central American
Monroe Doctrine
One’s ability to pay determines how much one pays under a __________ tax rate.
progressive
Government involvement in the economy is minimal under a __________ system.
laissez-faire
__________ is the process of a government taking over a private industry for public use.
nationalization
A __________ tax requires the same of every taxpayer regardless of income or ability to pay.
regressive
__________ policy is the government’s use of spending and taxing to regulate economic activity.
fiscal
State governments get most of their revenue from income and __________ tax.
sales
__________ laws promote competition by making monopolies illegal.
antitrust
The __________ rate is what the Federal Reserve charges member banks to borrow money.
discount
A governor may reject portions of a bill by using a __________ veto.
line-item
