APGovCh15KristianRuiz Flashcards

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1
Q

Affordable Care Act

A

A 2010 law designed to ensure that nearly all Americans would have access to health care coverage, including those living in poverty

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2
Q

Public Policy

A

An intentional course of action or inaction followed by governments in dealing with some problem or matter of concern.

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3
Q

Distributive Policies

A

Public policies that provide benefits to individuals, groups, communities, or corporations.

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4
Q

Regulatory Policies

A

Public policies that limit the activities of individuals and corporations or prohibit certain types of unacceptable behavior.

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5
Q

Redistributive Polices

A

Public policies that transfer resources from one group to assist another group.

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6
Q

Systemic Agenda

A

A set of issues to be discussed or given attention; it consists of all public issues viewed as requiring governmental attention.

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7
Q

Governmental (institutional) agenda

A

Problems to which public officials feel obliged to devote active and serious attention.

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8
Q

Agenda Setting

A

The process of forming the list of issues to be addressed by government.

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9
Q

Policy Formulation

A

The crafting of proposed courses of action to resolve public problems.

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10
Q

Policy Adoption

A

The approval of a policy proposal by people with the requisite authority, such as a legislature.

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11
Q

Policy Implementation

A

The process of carrying out public policy.

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12
Q

Policy Evaluation

A

The process of determining whether a course of action is achieving its intended goals.

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13
Q

Fiscal Policy

A

The deliberate use of the national governments taxing and spending policies to maintain economic stability.

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14
Q

National debt

A

The total amount owed by the federal government to its creditors, both domestic and international.

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15
Q

Laissez-Faire

A

Economic philosophy that endorses a very limited role for government in the economy.

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16
Q

Recession

A

A decline in the economy that occurs as investment sags, production falls off, and unemployment increased.

17
Q

Depression

A

A severe and long lasting decline in the economy that occurs as investment sags, production falls off, and unemployment increases.

18
Q

Keynesian Economics

A

An economic approach first championed by economist John Maynard Keynes in the 1930s, who maintained that spending by government can stimulate economic growth much faster than a free market could on its own.

19
Q

Inflation

A

A rise in the general price levels of goods and services within an economy.

20
Q

Budget Deficit

A

The economic condition that occurs when expenditures exceed revenues.

21
Q

Gross Domestic Product

A

The total market value of all goods and services produced in a country during a year.

22
Q

Monetary Policy

A

A form of government regulation in which the nations money supply and interests rates are controlled.

23
Q

Federal Reserve System

A

The organization in the U.S tasked with such responsibilites as managing the money supply, stabilizing prices, moderating interest rates, and reducing unemployment.

24
Q

Board of Governors

A

In the Federal Reserve System, a seven-member board that makes most economic decisions regarding interests rates and the supply of money; it is led by the Federal reserve chair.

25
Q

Open Market Operations

A

The buying and selling of government securities by the Federal Reserve Bank.

26
Q

Discount Rate

A

The rate of interest at which the Federal Reserve Board lends money to member banks.

27
Q

Reserve Requirements

A

Government requirements that a portion of member banks deposits be retained as backing for their loans.

28
Q

Medicare

A

The federal program established during Lyndon B Johnsons administration that provides medical care to elderly Social Security recipients.

29
Q

Department of Health and Human services

A

The cabinet-level department administering most federal social welfare and health-related policies and programs; it includes the National Institutes for Health.. ect…

30
Q

Medicaid

A

A government program that subsidizes medical care for the poor.

31
Q

No Child Left Behind Act

A

Bipartisan education reform bill that employed high standards and measurable goals as a method of improving American education across states.

32
Q

Common Core

A

A voluntarily adopted multi-state approach to setting standards that all students should achieve up through the high-school level.

33
Q

Vouchers

A

Certificates issued by the government that may be applied toward the cost of attending private or other public schools.

34
Q

Charter Schools

A

Semi-public schools that have open admission and receive some support from the government and may also receive private donations to increase the quality of education.

35
Q

Social Security Act

A

A 1935 law that established old age insurance; assistance for the needy. aged, blind, and families with kids; and unemployment insurance.

36
Q

Entitlement Programs

A

Government benefits that all citizens meeting eligibility criteria are legally entitled to receive.

37
Q

Non-means-tested programs

A

Programs that provides cash assistance to qualified beneficiaries, regardless of income.

38
Q

Means-tested programs

A

Programs requiring beneficiaries to have incomes below specified levels to be eligible for benefits.