Public Policy and Resource Management

The video tutorial by Caroline explores the concept of public policy, focusing on domestic policy. It explains how domestic policy is created and its impact on American life. The tutorial discusses the differences between public and toll goods, the role of government branches in policy making, and the impact of domestic policy on individuals and businesses. It also highlights the importance of understanding these policies to participate effectively in society.

What is the primary focus of public policy as discussed in the introduction?

• To eliminate tolls on highways

• To manage public resources effectively

• To privatize public services

• To increase government revenue

Which branch of government can influence public policy through judicial review?

• Federal

• Judicial

• Executive

• Legislative

What is the distributive approach in managing resources?

• Costs are concentrated, benefits are broad

• Costs are broad, benefits are concentrated

• Costs and benefits are equally distributed

• Costs and benefits shift between groups

What is an example of a redistributive approach in resource management?

• Environmental protection

• Tax policy

• Public transportation

• Education funding

How are toll goods different from public goods?

• Toll goods are free for everyone

• Public goods require a fee for access

• Public goods are privately owned

• Toll goods are maintained by non-government entities

Which branch of government is responsible for funding policy initiatives?

• Legislative

• Executive

• Federal

• Judicial

Why might healthcare be considered a public good?

• It is a consumer choice

• It is only accessible to those who pay

• It impacts the health of the entire community

• It is funded by private companies

What is the goal of domestic policy according to the video?

• To increase government control

• To improve lives and promote innovation

• To reduce taxes

• To privatize public services

What unintended consequence did the ACA have on businesses?

• Reduced healthcare coverage

• Increased initial costs

• Decreased customer base

• Lowered employee wages

What is the role of the executive branch in policy-making?

• To fund policy initiatives

• To review judicial decisions

• To enforce and adjust administrative rules

• To legislate new laws