Unit 4: Government Policies Flashcard REVIEW

Front

What are the major sources of revenue for the United States? Foreign Aid, Taxes, Tariffs, Social Security

Back

Taxes

Front

Which of the following is an example of expenditures for the United States Government? Options: Social Security, Taxes, Bonds

Back

Social Security

Front

How is the economy impacted by fiscal and monetary policies and regulatory policies?

Back

Fiscal policies control government spending and taxation, while monetary policies regulate the money supply and interest rates.

Front

How is the federal budget created?

Back

The President proposes the budget, and Congress improves and approves it.

Front

How do governmental economic policies influence the economy?

Back

They can impact the money supply, taxation, and government spending.

Front

How does US foreign policy impact other regions of the world?

Back

It can influence the economy, military interventions, and treaty agreements in America and other places.

Front

How have government policies led to large cultural changes in the United States?

Back

Laws and court rulings that have reshaped societal norms and cultural practices.

Front

What cultural changes have resulted from court rulings and legislation in the United States? Economic Policies, Foreign Aid, Military Spending, Civil Rights, Marriage Equality, Voting Rights, Music, Social Media, Clothing

Back

Civil Rights, Marriage Equality, Voting Rights

Front

Where does the largest share of federal tax revenue come from? Options: Corporate taxes, General sales taxes, Individual income taxes, Property taxes

Back

Individual income taxes

Front

How are public services primarily funded?

Back

Tax revenue