| Question |
Answer |
| What is domestic policy? |
The strategies and goals that a country had for providing for the general welfare of its people. |
| What are some of the economic goals related to domestic policy? |
Redistributing income, regulating business, environmental issues, Medicare/Medicaid, economic equity, minimum wage, public assistance, and Social Security. |
| What are entitlement programs? |
Programs that help citizens fulfill economic and social goals (Social Security, Medicare, etc). |
| What is the function of the Environmental Protection Agency? |
The EPA was created to help regulation the pollution of the environment. It sets and carries out air and water pollution policies. |
| What is the function of the Federal Communications Commission? |
The FCC was created to regulate the communications industry. It licenses broadcasting companies(Fox, ABC, PBS, radio stations) and sets standards of decency. |
| What is the function of the Federal Aviation Administration? |
It was created to control airports. It also hires air traffic controllers. |
| What is the function of the Food and Drug Administration? |
To make sure that the food and drug industry produces safe products. |
| What federal agency would investigate any inside trading on Wall Street? |
The Securities and Exchange Commission (SEC). |
| What federal agency would investigate any discrimination in the work place? |
The Equal Employment and Opportunity Commission (EEOC). |
| What are the four main purposes for government regulation of business? |
Prevent abuses, Protect consumers, Limit negative externalities (negative side effects like air pollution and traffic congestion). |
| What is the purpose of the WIC program? |
Promotes health care and nutrition of low-income mothers and children under the age of five. |
| What is the purpose of Welfare? |
To provide financial assistance to people who are unable to support themselves. |