About This Chapter
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- Discuss market and state-controlled economies.
- Explore U.S. regulatory policy.
- Learn about equity and efficiency through government intervention.
- Detail the ways in which the economy is protected by the U.S. government.
- Explain how the business cycle affects economic growth.
- Discover how economic interests are promoted by the U.S. government.
- Define fiscal policy and explain its purpose and effectiveness.
- Identify the functions of the Federal Reserve and describe monetary policy.
- Discover how taxes and subsidies are utilized by the government.
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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. What is Pork Barrel Spending? - Definition & Examples
Pork barrel spending is the use of federal government money towards specific projects in order to help congressmen win re-election. We'll discuss why such spending occurs and look at some examples.
8. Largest Revenue Sources for the Federal Government
Where does the federal government get its money? In this lesson, you'll learn about the top four source of revenue for the U.S. government. You'll also find out how these sources have fluctuated over time.
9. How the Government Uses Taxes & Subsidies
This lesson will explain how the government uses tax revenue. It will also discuss the purpose of subsidies, as well as public services and infrastructure.
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