Details Title: APUSGOV: Foreign Policy Description: n/a Total Flash Cards: 22 Created: 04/28/2009 11:09:31		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Political Studies Flashcards
Cards in this set: Term isolationism 1920-30 Definition we don't want to be in another war Term containment and realism 1940-80 Definition contain communism national security interest Term disengagement 1970 Definition less military involvement Term human rights 1990 Definition in other countries Term hard power Definition military, economic (Tariffs, sanctions, and embargo) Term soft power Definition if a country exposes another country's problems, it will change policy peace corps, AIS, movies, TV, sports Term expressed presidential powers Definition commander in chief, appoint ambassadors, negotiate treaties and executive agreements Term congress' formal powers Definition declare war, confirmation of ambassadors by senate, ratification of treaties by senate, power of the purse, military draft, foreign aid Term checks on prez power Definition war powers act, prohibit or limit foreign aid, Term Free Market Definition Laissez faire- the market is self correcting Term planned (command) economy Definition all economic decisions are made by the gov't and teh gov't owns everything Term fiscal policy Definition changing government spedning or changing the tax rate Term Keynesian appraoch Definition expansionary: increase gov't spending. output increases, total demand increases, income increases, unemployment goes down, inflation increases Term contractionary policy Definition gov't spending goes down, tax rates up, shrinks output levels and keeps inflation down Term Supply Side Definition increase in production, prices go down, decrease taxes, more working, unemployment goes down, inflation decreases Term laffer curve Definition tax rate changes the revenue Term monetary policy Definition if the gov't lowers interest rates, the banks will lower their interest rates, more people will borrow and more people will spend Term 16th amendment Definition federal income tax Term progressive tax Definition a percent of the income paid as a tax will increase as income increases Term regresive tax Definition as your income goes up, the percetage you pay in tax decreases Term flat tax Definition everyone pays the same amount, regardless of income Term pay go Definition increase in spending in one part of the budget matched with spending decrease or increase in taxes