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Government 2302 - Exam II Review New Deal – purpose, how did it change government?, changes enacted to deal with abuses in the stock market Securities and Exchange Commission (SEC) –purpose, when created? Federal Deposit Insurance Corporation (FDIC) - purpose, when created? World War II’s effect on the Great Depression inflation Fiscal policy The national debt - what is it estimated to be? Deficit spending North American Free Trade Agreement (NAFTA) and free trade Gross Domestic Product (GDP) – what is it?, how and when is it measured?, what does it tell us about the economy? 3 ways the GDP affects individuals directly, as discussed in lecture/power point for Ch 18 fiscal year mandatory/entitlement spending and programs, portion of the budget Appropriations bills The budget process Recession Depression economic stability The Federal Reserve Board The recession of 2008 The Bush Administration and Obama Administration responses to the 2008 recession The worldwide Occupy Movement bureaucratic theory interest group theory elite theory stages of the policy-making process – know the order, definitions, and what occurs at each stage history of Health care policy in the United States who implements health care policies? 1973 oil embargo The decrease of federal involvement in environmental policy Domestic policy issues – be able to identify the categories The largest national health insurance program in the United States Social Security, what it is, when it was created, who it covers Education policy history Brown v. Board of Education vouchers Ronald Reagan’s domestic policies Sources of U.S. oil imports According to the text, why is the future of Social Security in jeopardy? Why are some provisions of the No Child Left Behind Act (NCLB) so controversial? President Barack Obama’s approach to NCLB Costs of health care in the U.S. compared to other nations The largest percentage of health care expenditures in the United States goes towards…? Current type of economic system that characterizes the U.S. mixed free-enterprise system/mixed free-market system Which president signed legislation that deregulated commercial airlines, railroads, motor carriers, and financial institutions? fiscal policy Sixteenth Amendment Which countries own the greatest percentage of American debt? The Federal Reserve System/The Fed/Federal Reserve Board/The Central Bank of the U.S. earned income tax credit program the purpose of www.recovery.gov the Troubled Asset Relief Program (TARP), aka banks bailout American Recovery and Reinvestment Act of 2009 laissez-faire Federal Reserve Act in 1913 The Office of Management and Budget Congressional Budget Office reforms encouraged by Federal Reserve Board Chairman Ben Bernanke income security programs unemployment rate in 2010 (10%) arguments against economic stimulus payments (deficit spending) The United States entered World War II after the bombing of Pearl Harbor, Hawaii, in what year? Cuban Missile Crisis The Cold War (and when did it end?—1989) Why did the United States and the Soviet Union become enemies during the Cold War? Who attacked the United States on September 11, 2001? Congress's role in foreign policy making denial disarmament defense The Barbary Wars Revolutionary War War of 1812 Manifest destiny Roosevelt Corollary Department of Homeland Security Primary reasons the United States entered World War I collective security isolationism The United Nations and the Yalta Conference Marshall Plan détente Reagan Doctrine Department of State and formulation of foreign policy How Congress exerts control on foreign policy The Secure Fence Act Reasons for the shift away from laissez faire government during the Progressive Era Progressive Movement Trusts and monopolies- specific types that the Progressive Era tried to reform Changes in U.S. Foreign policy over time