Final Exam Nat. Govt Flashcards
(25 cards)
Key steps in policymaking process
- identifying an issue & getting it on political agenda
- formulation
- adopting
- implementation in regards w an issue
- evaluation of results of policy
2 problems w u.s healthcare
too expensive and lack of access/it
medicare v.s medicaid
for low income citizens vs for citizens over 65 or disabled
2 Key Provisions in ACA in 2014
- young people could remain covered by parents until 26
- payment of subsidies to small employers that obtained insurance policies for their employees
Fracking
hydraulic; a system of drilling oil that involves extracting oil from deep underground sources
Inflation
a general increase in price level
monetary policy
control of money supply done by federal reserve
contractionary v.s expansionary policy
restrict of money supply v.s expand of money supply
fiscal policy
taxing and spending policies to impact economy come from congress
keynesian economies
calls for govt borrowing instead of tax cuts to get economy out of recession
marginal tax rate
highest paid rate only on income earned above a certain level
gross public debt
govt borrows money by selling treasury securities
net public debt
a percentage of gross domestic product (GDP)
debt as a % of GDP critical value
ability of a country to repay its debt got economic growth
policy of fed. reserve in great recession and covid-19
lowered interest rates on loans
role of dept. of state
responsible for diplomatic relations and foreign policy making
leader of national security council
president
Monroe Doctrine (1823 by James Mon.)
u.s policy that it will not tolerate foreign interventions in Western hemisphere and stay out of European affairs
Key things in Cold War (9 )
- cuban missile crisis
- isolationism
- communism
- containment
- deterrance
- Truman Doctrine
- Marshall Plan
- Mutually assured destruction (MAD)
- Soviet Bloc
containment and who came up w it
u.s policy to contain the spread of communism by offering military and economic aid to threatened nations
created by diplomat George F. Kennan
2 theories on foreign policy
- Moral idealism: belief to do what is right
- Political idealism: belief nations are inevitably selfish and should seek to protect our nat. security regardless of morals
realpolitik
politics based on practical objects than ideals
Roosevelt Corollary to Mon. Doctrine
u.s could invade Latin America countries when needed to ensure political or economic stability
Al-Quedas reasons/goal for 9/11 (3)
- Retaliation against U.S support of Israel
- involvement in persian gulf war
- cont. military presence in Middle East