Unit 7 LSN Government: Domestic, Foreign, and Economic Policy

These flash cards will help you study important vocabulary for Unit 7.

25 cards   |   Total Attempts: 182
  

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Cards In This Set

Front Back
Question 1
Zoning of Land
The local government decides how a piece of land will be developed.
Question 2
Smart Growth
A type of land development that promotes revitalizing an existing community instead of wasting "green spaces" to make a new community.
Question 3
Sprawl
A type of land development that promotes that wasting of "green space".
Question 4
Social Security
Monthly money given to disabled & elderly people.
Question 5
Medicaid
Medical assistance program for poor people.
Question 6
Medicare
Medical assistance program for senior citizens (over 65 years old).
Question 7
Fiscal Policy
The taxing and spending policies of a government.
Question 8
Economic Depression
An economy that has a low GDP, unstable inflation, and high unemployment.
Question 9
Economic Recession
An economy that has a slowing GDP, unstable inflation, and rising unemployment.
Question 10
Economic Prosperity
An economy that has a high GDP, stable inflation, and low unemployment.
Question 11
Gross Domestic Product (GDP)
A economic statistic that measures all new goods and services made by a country in a given period.
Question 12
Consumer Price Index (CPI)
An economic statistic that measures that prices of consumer goods--measures inflation levels.
Question 13
Unemployment Rate
An economic statistic that measures how many people are without a job AND looking for a job.
Question 14
Monetary Policy
The government's plans to monitor the money supply of a country.
Question 15
The Federal Reserve (the FED)
The independent federal agency that controls USA monetary policymaking decisions.