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48 Cards in this Set

  • Front
  • Back
Public policy
government plan to solve a problem that people share collectively
redistributive policies
attempt to shift wealth from the "haves" to "have-nots"
regulatory policies
designed to restrict or change the behavior of certain groups or individuals
social policies
distributive and redistributive policies that seek to improve the quality of citizen's lives
social welfare policies
government programs that provide for the needs of those who cannot
means-tested programs
where beneficiaries must prove that they lack the necessary means to provide for themselves
social insurance programs
offer benefits in exchange for contributions made by citizens to offset future economic need
social security
provides what is essentially a guaranteed pension for workers
entitlement program
means that benefits must be paid to people who are entitled to receive them
social security act
guaranteed pensions for older Americans included a program called Aid to Families with Dependent Children (AFDC) so no child would go hungry in America
Temporary Assistance to Needy Families (TANF)
gave states greater control over how they spend their money but caps the amount that the federal government will pay for welfare
Supplemental Nutrition Assistance Program (SNAP)
provides low-income families with vouchers to purchase food
medicare
extended health care coverage to virtually all Americans who are over sixty five, disabled, or suffering from permanent kidney failure
medicaid
federally sponsored program that provided free medical care to the poor
subsidies
financial incentives such as cash grants, tax deductions, or price supports given by the government to corporations, individuals, or other governments to encourage certain activities or behaviors
economic policy
addresses the problem of economic security for society
fiscal policy
government's power to tax and spend
balanced budget
in which government spends no more money than it brings in through taxes and revenues
deficits
shortfalls due to government spending more in a year than it takes in
surpluses
extra funds because government revenues are greater than its expenditures
monetary policy
regulates the economy by controlling the money supply by manipulating interest rates
interest rates
take money out of circulation
Federal Reserve System
controls the money supply
progressive taxes
means that people with higher incomes not only pay more taxes but they also pay at a higher rate
regressive taxes
taxes with a fixed percentage; poor people pay more than the wealthy
capital gains tax
tax levied on the returns that people earn from capital investments
flat tax
where people would pay the same percentage of their incomes, regardless of how much they make
consumption tax
national sales tax that applies to state taxes
value-added tax (VAT)
where tax is implemented at the point of sale, it's levied at each stage of production
deregulation
removal of excessive regulations in order to provide economic efficiency
foreign policy
official U.S. policy designed to solve problems that take place between us and actors outside our borders
isolutionism
where Americans should put themselves and their problems first and no interfere in global concerns
interventionism
where we engage in shaping global environment and intervene to shape events in order to keep the republic safe
intergovernmental organizations
bodies that have countries as members such as the United Nations (192), NATO (26), Organization of Petroleum Exporting Countries (OPEC) (12), EU (27)
nongovernmental organizations (NGO)
organizations that focus on specific issues and whose members are private individuals or groups from around the world
multinational corporations
large companies that do business in multiple countries and wield tremendous economic power
crisis policy
deals with emergency threats to our national interests or values
strategic policy
lays out the basic U.S. stance toward another country or a particular problem
structural defense policy
focuses largely on the policies and programs that deal with defense spending and military bases
Cold War
bitter global competition between democracy and authoritarianism, capitalism, and communism between U.S. and Soviet Union
Containment
when U.S. tried to prevent the Soviet Union from expanding its influence
Bush Doctrine
joined a long list of presidential foreign policy doctrines that have tried to define and protect U.S. interests in the world
National Security Council (NSC)
president's inner circle
Department of State
manages foreign affairs
Department of Defense
manages American soldiers and their equipment in order to protect the U.S.
Joint Chiefs of Staff (JCS)
consists of senior military officers of the armed forces
Intelligence community
collect, organize and analyze information
Director of National Intelligence
coordinates the entire network of agencies