Preview

Civics Study Guide

Good Essays
Open Document
Open Document
707 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Civics Study Guide
Owen Hewitt
Week 13
Civics
Mrs. Body
Civics Study Guide #13
Section A
The five steps to policy making are: Recognizing the problem, formulating the policy, adopting the policy, implement the policy, and evaluating the policy.
Americas economic system is based on free enterprises.
The federal reserve board is responsible for monetary policy or the control of money supply.
The two main theories of U.S. fiscal policy are Keynesian economics and supply side economics.
The largest source of federal revenue is the federal income tax.
Regressive taxes hit the poor harder; progressive taxes very with a persons ability to pay.
The three largest expenditures of the federal government are for entitlements, national defense, and the national debt.
About 70% of items in the budget are uncontrollable.
Section B
Domestic policy focuses on concerns within the united states, while foreign policy is concerned with the U.S. interactions with other countries.
Three key laws that target eliminating monopolies were interstate commerce, Sherman antitrust, and Clayton.
Four key laws that sought to regulate labor were wagner, fair labor standards, taft hartly, and landrun griffin.
To enforce the Clayton act, congress established the federal trade commission in 1914.
Although monopolies have largely disappeared, two newer threats to competition are oligopoly and conglomerate.
The government agency that plays a key role in regulating the environment is the ERA, or environmental protection agency.
The federal water pollution control act has two goals: to make U.S. waters clean enough for swimming and wildlife and to end pollution of the nations waterways.
Section C
The government has three main concerns in the American health care system: research and supervision, cost control, and access.
President bill Clinton proposed a national health insurance program to congress in 1993. Three interest groups who helped defeat it were American medical association, pharmaceutical

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Federal Reserve Worksheet

    • 413 Words
    • 2 Pages

    The Federal Reserve System is also known as The Fed. Many people don’t realize the importance and power of the Federal Reserve. It was created to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Fed plays an integral role in the United States’ government and economy. Your group’s mission is to determine our (the Fed’s) role in the government, money supply, economic growth, and central banking.…

    • 413 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Clayton Antitrust Act

    • 567 Words
    • 3 Pages

    The laws regarding regulation of cartels, trusts and monopoly in the market and overall regulation of the market in the USA were laid down in the USA, just as the US Constitution too was shaping up. The genesis of all this was in the Sherman Antitrust act in the year 1890. That act strove to control the market environment by putting a tight leash on trusts, organizations and companies which went against that act. To complement and strengthen this Sherman act, which later on turned out to be the basis of anti trust litigation by Federal government, another Act was passed sometime later, in the year 1914. This was the Clayton Antitrust act, passed by the Congress of the United States, drafted by Henry Clayton which explains the…

    • 567 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Median Income Case Study

    • 349 Words
    • 2 Pages

    3. Why do the United States, and many other counties, have antitrust laws on the books? What's so harmful about oligopoly that warrants an entire body of law?…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    AP Government study guide

    • 2262 Words
    • 10 Pages

    1. a. Following the French and Indian War, Parliament placed the Sugar Act of 1764 on the colonies to pay for the expenses of the Seven Years War. This tax on goods such as sugar and coffee created great upset among the colonists. Following the Sugar Act came the Stampt Act of 1765, which mandated a stamp on all paper items bought and sold among the colonies. Colonists argued that these taxes enforced by British parliament were unjust because they lacked the opportunity to voice their opinion in the British Parliament. This lead to the famous saying, “no taxation without representation.” Both of these acts had a strong influence in the colonists decision to write The Declaration of Independence. In fact, the colonists even listed this in the Declaration as one of the many issues the they had with the King. Those who failed to participate and pay the required tax on specific goods were tried in court. However, if the judge concluded that the specific individual was guilty, they received a bonus in their salary, which provided an incentive for the judge to rule in opposition of the defendant. Colonists were furious that the judge could be bribed with money for ruling a specific way. In writing the Bill of Rights, a part of the Constitution, it is clearly stated that American citizens are guaranteed the right to trial by jury, forever eliminating the salary bonus of judges for a particular ruling. In addition, the King imposed the Coercive Acts of 1774 among the colonies. One act, known as the Quartering Act, mandated that colonists had to house British soldiers. In strong opposition to this act, it is stated in the third amendment of the Constitution that Americans will not have to provide housing for the military without first agreeing to the situation.…

    • 2262 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    The clean water act was made to make all water fishable and swimmable. The federal government took over the responsibility after individual states failed to do so. They wanted to make the water healthy for people to drink and enjoy.…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    President Obama and President Clinton have tried to pass legislation on health care reform and both have run into similarities and differences. Some similarities between the two president’s health insurance reform policies are mandatory coverage and consumers cannot be denied for pre-existing conditions. Some differences between the two president’s halth insurance reform policies are no government involvement, how to pay for the reform, malpractice reform, and there was a faster effort to get the bill from President Obama passed where President Clinton’s bill took over a year just drafting the bill.…

    • 372 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    FOR 6 MONTHS in 2009- there were 58 dems and 2 independents in US senate, allowed obamacare to pass because all 60 voted for cloture when republicans filibustered, this is why the bill turned out to be a mess…

    • 935 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The Federal Reserve Board of Governors Federal Reserve Functions The Money Supply Inflation Cause Effect Controlling Conclusion…

    • 4310 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Federal reserve is the backbone of the US economy. The Federal Reserve serves as our country nation’s bank. The fed functions are to regulate our major financial institutions and control the flow of money in our country.…

    • 737 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Federal Reserve Paper

    • 926 Words
    • 3 Pages

    The Federal Reserve System is also known as the central banking system of the United States. The Federal Reserve System is run by the Board of Governors, and is composed of 12 regional banks. The Federal Reserve Bank is independent of political pressure decisions that a government influenced by political pressures cannot make.…

    • 926 Words
    • 3 Pages
    Better Essays
  • Good Essays

    President Bill Clinton attempted to enforce The Health Security Act. This was to bring universal health care coverage to the United States. The intention of the President was to enhance the healthcare system and to provide universal health care coverage to Americans just like those of other countries that already have this system working. The Health Security Plan did fail. There were both good and bad parts of the plan and had too many issues to even come before congress for a vote. The Health Security Plan had many problems. It was argued that the health care reform plan was too large and too complex. (Piffner) The American people were skeptical of healthcare reform and campaigning against the bill relied on those insecurities. The public feared that the bill would mean more big government and socialized medicine. (Piffner) Americans did not want to be told what doctor they could nor could not use and what medical treatments they were allowed to have, even though current insurance plans have similar restrictions and limits to what is covered in network. Another factor that contributed to the demise of the Health Security Act was that Americans did not want a single payer system. The greatest factor that contributed to the fail of Presidents Clinton's health care reform was over ambition. The plan attempted simultaneously to secure universal coverage, regulate the private insurance market, change health care financing through an employer mandate, control costs to levels enforced by a national health board, and transform the delivery system through managed care. (Oberlander, 2007)…

    • 719 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Governors of the Federal Reserve System. The Board of Governors is the head of the…

    • 622 Words
    • 3 Pages
    Good Essays
  • Better Essays

    was the Clinton Health Care plan, which failed to get approval from the Congress. However,…

    • 2165 Words
    • 9 Pages
    Better Essays
  • Good Essays

    The battle of the budget is at the center of American politics. Two questions are central to public policy: Who bears the burdens of paying for government? Who receives the benefits? The public budget is a policy document allocating burdens (taxes) and benefits (expenditures). A budget deficit occurs when expenditures exceed revenues in a fiscal year. Americans want the government to balance the budget, maintain or increase the level of government spending on most policies, and keep taxes low.…

    • 1952 Words
    • 8 Pages
    Good Essays
  • Good Essays

    The Federal Reserve System, though it has many different functions was established to serve the public's interest. The Federal Reserve has three vital sectors that help in its day to day function: the Board of Governors, the Reserve Banks, and the Federal Open Market Committee (FOMC). “The Master said: “Learning without thinking is useless. Thinking without learning is dangerous”’ (Confucius The Analects pg. 7).…

    • 938 Words
    • 4 Pages
    Good Essays