Unit Five: The Economic Good

General Principles and Terms. You must be able to explain and apply each of these terms (that means give an example from the present).

 

1.              Market economy

 

2.              Command economy

 

3.              Mixed economy

 

4.              Traditional economy

 

5.              Opportunity cost

 

6.              Regulatory Agencies:

a.        Environment Protection Agency (EPA)

 

b.       Federal Aviation Administration (FAA)

 

c.        Food and Drug Administration (FDA)

 

d.       Federal Trade Commission (FTC)

 

e.        Federal Communications Commission (FCC)

 

f.               Monetary policy

 

g.              Federal Reserve Board (FED)

 

h.              Fiscal policy

 

i.                Price stability

 

j.                Gross Domestic Product (GDP)

 

k.              Consumer Price Index (CPI)

 

l.                Interest rates

 

m.             Government expenditures

 

n.              Entitlements

 

o.              Unemployment rate

 

p.              Cost and benefits

 

q.              Business cycle

 

r.               Scarcity

 

s.              Inflation

 

t.               Social Security

 

u.              North American Free Trade Agreement (NAFTA)

 

v.              International economic growth

 

w.             Supply and Demand

 

x.               Open market , free trade, balance of trade

 

y.              Competing socio-economic goals:

a.        Equity

 

b.       Security

 

c.        Productivity

 

d.       National defense

 

e.        Environmental protection

 

f.         Educational quality

 

 


Unit Six: Foreign Policy: Factors, Goals, and Instruments

General Principles and Terms. You must be able to explain and apply each of these terms (that means give an example from the present).

 

1.              National sovereignty

 

2.              Self-determination

 

3.              War Powers Act

 

Objectives, Concerns, Goals:

4.              National security

a.        national defense

 

b.       weapons of mass destruction

 

c.        arms control

 

d.       terrorism

 

e.        security of other nations

 

5.              Economic

a.        economic well-being of US

 

b.       global economic conditions

 

c.        support of developing nations

 

6.              Ideological

a.        spread of democracy

 

b.       support of developing nations

 

c.        support of human rights

 

7.              Humanitarian

a.        support of human rights

 

b.       support of developing nations

 

c.        spread of democracy

 

d.       disaster relief

 

e.        environmental concerns

 

Policies, Choices, Actions

8.              political

 

9.              diplomatic

 

10.           economic (foreign aid, economic sanctions, trade status and trade barriers)

 

11.           military

 

12.           cultural

 

International Organizations

13.           North Atlantic Treaty Organization (NATO)

 

14.           North American Free Trade Agreement (NAFTA)

 

15.           International Monetary Fund (IMF)

 

16.           World Bank

 

17.           International Red Cross

 

18.           United Nations

 


Unit Seven: The Role of Public Policy

General Principles and Terms. You must be able to explain and apply each of these terms (that means give an example from the present).

 

1.              Public Policy

 

2.              Affirmative action

 

3.              Equity

 

4.              Equal justice under the law

 

5.              Entitlements — Social Security

 

6.              Minority rights

 

7.              Fair Housing legislation

 

8.              Smart Growth legislation

 

9.              Lobbyists

 

10.           Common good

 

11.           Welfare

 

12.           Demographic factors

 

13.           Role of individuals, groups, PACs in public policy

 

14.           Federalism

 

15.           Social safety net

 

16.           Medicaid, Medicare

 

17.           Environmental legislation to address air and water pollution

a.        Clean Air Act

 

b.       Water Pollution Control Act (Clean Water Act)

 

c.        Chesapeake Critical Bay Area Act

 

18.           Legislation to address equity

a.        Civil Rights Act of 1964

 

b.       Voting Rights Act of 1965

 

c.        Civil Rights Act 1968

 

d.       Title IX

 

e.        Americans with Disabilities Act

 

f.         Age Discrimination Act

 

 

19.           Competing socio-economic goals

a.        Equity

 

b.       Security

 

c.        Productivity

 

d.       National defense

 

e.        Environmental protection

 

f.         Educational quality


Court Cases

1.              Marbury v. Madison

 

2.              McCulloch v. Maryland

 

3.              Gideon v. Wainwright

 

4.              Miranda v. Arizona

 

5.              Tinker v. Des Moines Board of Education

 

6.              New Jersey v. T.L.O.

 

7.              Plessy v. Ferguson

 

8.              Brown v. Board of Education

 


Questions for Discussion and Review for NSL B

1.              What are the policies of the US government that promote or fail to promote relationships with other countries?

 

2.              What are the contemporary concerns and goals that affect international relationships?

 

3.              How effective are international alliances and organizations from the perspective of the US? United Nations, North Atlantic Treaty Organization, International Monetary Fund, World Bank, International Red Cross

 

4.              How do demographic changes influence government funding decisions?

 

5.              How do governments influence what to produce, how to produce, and for whom to produce in a market, command, and mixed market economy?

 

6.              How do governments make choices about budgetary spending?

 

7.              What is the social, economic, and political impact of regulatory agencies on a country, region or state?

 

8.              How effective is current monetary policy on promoting full employment, price stability, and economic performance?

 

9.              How has the government attempted to ensure fair housing practices?

 

10.           How do governments allocate scarce resources to meet the needs of competing socio-economic goals?

 

11.           What monetary tools does the federal government have to influence US economic performance?

 

12.           How do governments attempt to balance the common good with protection of individual rights?

 

13.           How effectively do public policies provide for the needs of citizens in the following areas: environment (pollution, land use), health care and public health, equity (race, ethnicity, region, religion, gender, language, socioeconomic status, age, and disabilities), social insurance and public assistance (Social Security and welfare)?

 

 

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