| A | B |
|---|
| Fiscal Policy | Government's plan for collecting and spending money. |
| Monetary Policy | Maniulating the money supply to affect the economy in a desired way. |
| recession | decline in economic activity. |
| inflation | increase in the general level of prices anbd a decrease in the value of goods and services. |
| federal reserve system | Founded by Congress, it regulates the supply of money, and supervises banks. |
| tariffs | taxes placed on imports, |
| quotas | limits on the amounts of goods that can be brought intot he country. |
| free trade | trade that places no legal barriers on import or export of goods between countries. |
| NAFTA | North American Fress Trade Agreement. between U.S, Mexico, & Canada. |
| social insurance | Pays benefits to any person who has worked and paid taxes int he past. |
| welfare. | government programs that provide food, money, and other neccessities to people who are needy. |
| Medicare | Proivides health care for thoise citizens over 65 who receive social security benefits. |
| AFDC | $$% support for families where 1 parent and that parent cannot provide. |
| Center for Disease Control | investigates and searches for cures to diseases. |
| Public Services | Government services for the general benefit of the American people. |
| Sherman Anti Trust Act | Declared that all trusts were illegal. |
| trust | combination of companies that control the production, and proce of goods in order to reduce the competition in their market. |
| subsidies | grants of $$$ |
| collective bargaining | negotiations of workers/unions and the employer. |
| injunctions | court orders. |
| OSHA | Occupational Safety and Health Act |
| Department of Labor | Prmotes the employment of the work force |
| Public Land | Land owned by the federal government. |
| price supports | programs in which the U.S. government purchases surplus farm products at a set proce and then sells them on the international market. |
| vehicle safety act | requires auto manufacturers to meet certain safety requirements. |
| consumer product safety commission | determines the safetry of consumer goods and services. |
| pure food and drug act | set standards for quality, purity, and safety of food, drugs, and cosmetics. |
| Food and Drug Administration | Regulates the food drug and chemical industries. |
| FHA | Federal Housing Administration - helpos people buy homes, supplies public housing assistance. |
| conservation | carefuyl management of the nations lands. |
| Diplomacy | management of relations among nations |
| propaganda | information that is used to get you to believe in something. |
| isolationism | policy of avoiding political and military alliances. |
| containment | policy to try to stop the spread of communism. |
| detente | policy of reducing trensions between nations. |
| diplomatic recognition | acknowledging the rightful government of a nation. |
