Ch 19: Economic and Fiscal Policy: Help and Review

About This Chapter

The economic and fiscal policy chapter of this American Government Help and Review course is the simplest way to master economic and fiscal policy. This chapter uses simple and fun videos that are about five minutes long, plus lesson quizzes and a chapter exam to ensure students learn the essentials of economic and fiscal policy.

Who's it for?

Anyone who needs help learning or mastering American government material will benefit from taking this course. There is no faster or easier way to learn American government. Among those who would benefit are:

  • Students who have fallen behind in understanding the definition and types of economic and fiscal policy
  • Students who struggle with learning disabilities or learning differences, including autism and ADHD
  • Students who prefer multiple ways of learning political science (visual or auditory)
  • Students who have missed class time and need to catch up
  • Students who need an efficient way to learn about economic and fiscal policy
  • Students who struggle to understand their teachers
  • Students who attend schools without extra political science learning resources

How it works:

  • Find videos in our course that cover what you need to learn or review.
  • Press play and watch the video lesson.
  • Refer to the video transcripts to reinforce your learning.
  • Test your understanding of each lesson with short quizzes.
  • Verify you're ready by completing the economic and fiscal policy chapter exam.

Why it works:

  • Study Efficiently: Skip what you know, review what you don't.
  • Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
  • Be Ready on Test Day: Use the economic and fiscal policy chapter exam to be prepared.
  • Get Extra Support: Ask our subject-matter experts any economic and fiscal policy question. They're here to help!
  • Study With Flexibility: Watch videos on any web-ready device.

Students will review:

This chapter helps students review the concepts in an economic and fiscal policy unit of a standard American government course. Topics covered include:

  • Regulatory policy processes and examples
  • The business cycle
  • Fiscal policy defined
  • The monetary policy and the Federal Reserve System
  • Government activities that protect the U.S. economy
  • Government activities that promote U.S. economic interests

22 Lessons in Chapter 19: Economic and Fiscal Policy: Help and Review
Test your knowledge with a 30-question chapter practice test
Regulatory Policy: Definition, Processes & Examples

1. Regulatory Policy: Definition, Processes & Examples

The following lesson covers how the U.S. government uses its regulatory policy to oversee business activities. A short quiz will follow the lesson to check your understanding.

The Business Cycle: Economic Performance Over Time

2. The Business Cycle: Economic Performance Over Time

Learn the economic terms that describe economic performance over time and how indicators such as unemployment and inflation behave throughout these economic fluctuations.

What is Fiscal Policy?

3. What is Fiscal Policy?

The following lesson will cover how the U.S. government uses fiscal policy to affect the economy. A short quiz will follow the lesson to check your understanding.

Monetary Policy & The Federal Reserve System

4. Monetary Policy & The Federal Reserve System

This lesson covers the Federal Reserve System's use of monetary policy to help promote the economy. A short quiz will follow the lesson to check your understanding.

How the Government Protects the U.S. Economy

5. How the Government Protects the U.S. Economy

The following lesson will cover the ways in which the government protects the U.S. economy and ensures stable economic growth. A short quiz will follow the lesson to check for your understanding.

How the Government Promotes Economic Interests

6. How the Government Promotes Economic Interests

The following lesson will cover how the government promotes its economic interests through businesses, labor, and agriculture. There will be a short quiz following the lesson to check your understanding.

What is Fiscal Policy? - Definition, Effects & Example

7. What is Fiscal Policy? - Definition, Effects & Example

Government taxing and spending has broad implications for the overall economy. In this lesson, you'll learn about fiscal policy, what it is and how it affects the economy.

Block Grants: Definition & Examples

8. Block Grants: Definition & Examples

Block grants are large chunks of money given to local governments by the federal government with few strings attached. They are the opposite of categorical grants. In this lesson, we'll look at some examples and discuss arguments for and against block grants.

Cash Crop: Definition & History

9. Cash Crop: Definition & History

Learn about the cash crop - what it is, why and where it is grown, and who buys it. Also, learn why farmers grow cash crops now more than ever. After the lesson, take a quiz to test your knowledge.

Categorical Grants: Definition & Examples

10. Categorical Grants: Definition & Examples

Categorical grants are the way in which the federal government influences local and state governments. These kinds of grants come with strict rules on their spending. We'll explore these limitations and look at some examples in this article.

Deficit Spending: Definition & History

11. Deficit Spending: Definition & History

Deficit spending is an important, but controversial part of today's politics. This lesson covers the basics of deficit spending and its history, then presents some critiques of the practice.

Economic Power: Definition and Ranking

12. Economic Power: Definition and Ranking

Learn about different kinds of international economic power and how nations are compared with each other economically. When you are finished, take the quiz and see what you've learned.

FDIC: Definition, History & Purpose

13. FDIC: Definition, History & Purpose

The Federal Deposit Insurance Corporation (FDIC) exists to protect the deposits of bank customers up to $250,000. In this lesson, learn how and why the FDIC began as well as its purpose. Conclude your lesson with a short quiz to test what you have learned.

Fiscal Federalism: Definition, Theory & Examples

14. Fiscal Federalism: Definition, Theory & Examples

This lesson will explain what fiscal federalism is, how it works, and examine a few examples from America's government and history, including a look at one of the largest federal- and state-funded programs: Medicaid.

Government Failure: Definition & Examples

15. Government Failure: Definition & Examples

In this lesson you will learn what government failure is. The lesson will discuss when the term was coined, and also offer a few examples of government failure.

Greenbacks: Definition & History

16. Greenbacks: Definition & History

Should money be paper or gold? This was the big debate after the Civil War. Learn about greenbacks, the Greenback Labor Party, and the argument over 'hard' and 'soft' money, and check your reading with a quiz.

History of Income Tax

17. History of Income Tax

If you have looked at your paycheck closely, you have noticed that the government has taken a portion of your income. In this lesson you will learn about the history, purpose, and benefits of income taxes. Then, take a short quiz to see what you learned.

The Force Bill: Definition, History & Effects

18. The Force Bill: Definition, History & Effects

In a showdown over a federal tariff law in 1832, South Carolina and the Federal Government, under President Andrew Jackson, almost came to blows. The center of this controversy was the Force Bill. Learn about the crisis surrounding the Force Bill, and check your knowledge with a quiz.

What is a Developing Economy? - Definition, Characteristics & Features

19. What is a Developing Economy? - Definition, Characteristics & Features

Learn about what a developing economy is by seeing what makes up a developing economy. When you are finished take the quiz and see what you've learned.

Nixon Shock: Definition & Effects

20. Nixon Shock: Definition & Effects

In this lesson, you will learn the definition of Nixon Shock and the international economic circumstances surrounding it. You will also learn about the results of Nixon Shock.

The Bretton Woods Agreement: Definition & Collapse

21. The Bretton Woods Agreement: Definition & Collapse

The Bretton Woods Agreement was approved in 1944 to address the financial concerns of post-war reconstruction and recovery. In this lesson, we will review the key elements and its eventual collapse.

Rational Choice Theory: History & Theorists

22. Rational Choice Theory: History & Theorists

What motivates people's decision making? In this lesson, we'll talk about rational choice theory, which suggests that people are rational actors and will make the choice that maximizes benefit or reward while minimizing cost.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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