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Class:POLS 2302 - American Public Policy: Online Only
Subject:POLITICAL SCIENCE
University:Texas Tech University
Term:Fall 2010
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      Mode:   CARDS LIST       ? pages   PRINT EXIT
Public Policy The governments actions and the intentions behind them.
Purposes of Policy The first priority of government is security from internal and external threats. Also, membership is a purpose in order to determine who is and who isn't a member of society
Regulatory Policies impose constraints on individuals or groups. (ie. speed limit)
Self-Regulatory Policies same as regulatory but people or groups regulated possess considerable authority and discretion to formulate and police the regulations governing them.
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Redistribution reallocation of benefits or services to certain parts of the population and taxing other parts to fund it.
Collective Goods goods that cannot be divided
Private Goods goods that can be divided up and given to certain parts of the population.
Pre-Policy Stages 1)problem definition or issues formation 2)policy demands 3)agenda formation
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Policy Adoption decision makers debate and bargain over alternative policy formulations until they settle on an alternative or combination of alternatives to respond to the problem.
Policy Implementation a plan of action is formulated
policy outputs tangible manifestations of policies
Vertical Relations relationships between higher level of government to a lower level of government
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Horizontal Relations government regulations between agencies at the same level
Federalism Powers separated between a central government (national) and constituent units (states) and the relationship cannot be changed except by action of both levels
Direct Orders prohibit of mandate state state and local government actions
Cross Cutting Requirements Conditions in 1 law that are applied to all programs using federal funds
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Crossover Sanctions sanctions applies to one or activity for failure to comply with certain conditions in another area
Partial Preemption situations in which the national government requires of permits states to administer policies as long as the states meet federal criteria for the program.
Free Enterprise System economic system in which the market system and private ownership of major means of production run for the profit of their owners.
Social Economic System Government runs and controls the major means of production and distribution and it is run for public interest.
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Inflation Increase in the price of goods and services even though actual value does not increase
Recession decline in economic activity arising from a slump in effective demand for goods and services
Governments Role Before 1930s Not involved much with economic policy; let citizens do their own thing.
Governments role after 1930s Most agree that since the Great Depression the government should have some role in the economy, the debate is over how much involvement they should have.
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MicroEconomics government activities regarding particular firms and businesses
MacroEconomics refers to management of overall economy including monetary and fiscal property.
Regulatory Agencies Preserve fair competition and try to control monopolies, established by congress and given independence, act as "watchdogs" for the public
Deregulation decrease or ceasing of regulation on an industry by the government
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Sunset Laws require government agencies only be established for a set period of time. After this, there is a review to see if they are still needed.
Fiscal Policy Use of government revenue to influence the economy.Also can be incorporated in managing the national debt.
The Federal Reserve The Central Bank of the USA, regulates the US economy. It is independent of congress and can act as the board chooses.
How long/How does a Federal Reserve Board Member get appointed? The President appoints them to 4 year terms and the senate must confirm it.
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What does the Federal Reserve Board do to manage the economy In a recession it will pump up $ supply and drive down interest rates to increase lending and spending. During inflation, it will decrease $ supply to slow down spending and lending.
Deficit Spending Money spent by the Federal Government to stimulate the economy in times of recession. This can cause inflation by artificially expanding the supply of $ by printing more $ to pay for government spending.
Supply Side Economics Relative price of any good, service, or activity determines how people will act toward it. Believe the best method to achieve growth is to allow the market system to operate with minimal government interference.
Demand Side Economics Demand for goods and services drives the economy.
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 Public PolicyThe governments actions and the intentions behind them.
 Purposes of PolicyThe first priority of government is security from internal and external threats. Also, membership is a purpose in order to determine who is and who isn't a member of society
 Regulatory Policiesimpose constraints on individuals or groups. (ie. speed limit)
 Self-Regulatory Policiessame as regulatory but people or groups regulated possess considerable authority and discretion to formulate and police the regulations governing them.
 Redistributionreallocation of benefits or services to certain parts of the population and taxing other parts to fund it.
 Collective Goodsgoods that cannot be divided
 Private Goodsgoods that can be divided up and given to certain parts of the population.
 Pre-Policy Stages1)problem definition or issues formation 2)policy demands 3)agenda formation
 Policy Adoptiondecision makers debate and bargain over alternative policy formulations until they settle on an alternative or combination of alternatives to respond to the problem.
 Policy Implementationa plan of action is formulated
 policy outputs tangible manifestations of policies
 Vertical Relationsrelationships between higher level of government to a lower level of government
 Horizontal Relationsgovernment regulations between agencies at the same level
 FederalismPowers separated between a central government (national) and constituent units (states) and the relationship cannot be changed except by action of both levels
 Direct Ordersprohibit of mandate state state and local government actions
 Cross Cutting RequirementsConditions in 1 law that are applied to all programs using federal funds
 Crossover Sanctionssanctions applies to one or activity for failure to comply with certain conditions in another area
 Partial Preemptionsituations in which the national government requires of permits states to administer policies as long as the states meet federal criteria for the program.
 Free Enterprise Systemeconomic system in which the market system and private ownership of major means of production run for the profit of their owners.
 Social Economic SystemGovernment runs and controls the major means of production and distribution and it is run for public interest.
 InflationIncrease in the price of goods and services even though actual value does not increase
 Recessiondecline in economic activity arising from a slump in effective demand for goods and services
 Governments Role Before 1930sNot involved much with economic policy; let citizens do their own thing.
 Governments role after 1930sMost agree that since the Great Depression the government should have some role in the economy, the debate is over how much involvement they should have.
 MicroEconomicsgovernment activities regarding particular firms and businesses
 MacroEconomicsrefers to management of overall economy including monetary and fiscal property.
 Regulatory AgenciesPreserve fair competition and try to control monopolies, established by congress and given independence, act as "watchdogs" for the public
 Deregulationdecrease or ceasing of regulation on an industry by the government
 Sunset Lawsrequire government agencies only be established for a set period of time. After this, there is a review to see if they are still needed.
 Fiscal PolicyUse of government revenue to influence the economy.Also can be incorporated in managing the national debt.
 The Federal ReserveThe Central Bank of the USA, regulates the US economy. It is independent of congress and can act as the board chooses.
 How long/How does a Federal Reserve Board Member get appointed?The President appoints them to 4 year terms and the senate must confirm it.
 What does the Federal Reserve Board do to manage the economyIn a recession it will pump up $ supply and drive down interest rates to increase lending and spending. During inflation, it will decrease $ supply to slow down spending and lending.
 Deficit SpendingMoney spent by the Federal Government to stimulate the economy in times of recession. This can cause inflation by artificially expanding the supply of $ by printing more $ to pay for government spending.
 Supply Side EconomicsRelative price of any good, service, or activity determines how people will act toward it. Believe the best method to achieve growth is to allow the market system to operate with minimal government interference.
 Demand Side EconomicsDemand for goods and services drives the economy.
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