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20 Cards in this Set

  • Front
  • Back
Laissez-faire
french term literally meaning "let do"
Federal Reserve Board
the U.S central bank established by Congress in 1913 to regulate the banking industry and the money supply
Trade Deficit
an unfavorable balance of trade, a trade gap
Regulations
the rules that explain the implementations of laws
ANWR
is a national wildlife refuge in northeastern Alaska, United States
Aggregate Income
is the combined income earned by an entire group of persons
Distributive Policies
policies that allocate state resources in an area that lawmakers perceive needs to be promoted
Redistributive Policies
policies that take resources from one person or group in society and allocate them to a different more disadvantaged group.
Executive Branch
has sole authority and responsibility for the daily administration of the state bureaucracy
Cabinet
exercises responsibility for formulating policy and directing both the government and the executive branch
Iron Triangle Relationship
a term coined by students of American politics to refer to the relationships of mutual support formed by particular government agencies.
Judiciary
is the system of courts which interprets and applies the law in the name of the sovereign or state.
Voting Rights Act
outlawed discriminatory voting practices that had been responsible for the widespread disenfranchisement of African Americans in the United States.
Marbury v. Madison
1803 U.S Supreme Court ruling that the federal courts inherently had the authority to review the constitutionality of laws passed by Congress and signed by the president
Checks and Balances
a governmental system divided authority in which coequal branches can restrain each others actions.
Bicameral
a legislative body with two houses, such as the U.S senate and the U.S house of representatives
Legislative Branch
is a type of deliberative assembly with the power to pass, amend and repeal laws.
Move on
this words was not in the book or anywhere.
Single-Member Plurality Electoral System
An electoral system in which candidates run for a single seat from a specific geographic district.
Political Action Committee
is the name commonly given to a private group, regardless of size, organized to elect political candidates.