an individual’s coherent set of beliefs about government and politics.

something guaranteed, that the government cannot take away.

something something a person may obtain or receive, but that the government can take

a party’s philosophy about the proper role of government and its set of positions on major iss

an individual’s attachment to a political party

an ideology favoring more control of social behavior more, fewer regulations on businesses, and less government interference in the econ

ideology favoring less government control over social behavior and more greater regulation of businesses and of the economy.

an ideology favoring very little government regulation and intervention beyond protecting private property and individual libert

Laissez faire economy

economic policy in which governments intrude as little as possible in the economic transactions between citizens and businesses.

Command and control economy

economic policy in which government dictates much of a nation’s economic activity, including the amount of production and prices for go

economic policy in which many economic decisions are left to individuals and businesses, with the government regulating economic acti

Gross domestic product

total value of goods and services produced by an econom

period of decline in economic activity, typically defined by two consecutive quarters of negative GDP grow

percentage of people actively looking for work who cannot find jo

The rise of prices of goods and services

cost of a fixed basket of goods and services over time, used to measure the cost of liv

government use of taxing and spending to attempt to lower unemployment, support economic growth, and stabilize the econo

Federal reserve system

board of governors, Federal Reserve Banks, and member banks responsible for monetary p

set of economic policy tools designed to regulate the amount of money in the econo

federal program that provides health insurance to seniors and the disa

federal program that provides health care for the poor.

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Ap gov chapter 12

Question	Answer
Political idelogoy	an individual’s coherent set of beliefs about government and politics.
Right	something guaranteed, that the government cannot take away.
Privilege	something something a person may obtain or receive, but that the government can take
Party ideology	a party’s philosophy about the proper role of government and its set of positions on major iss
Party identification	an individual’s attachment to a political party
Conservartion	an ideology favoring more control of social behavior more, fewer regulations on businesses, and less government interference in the econ
Liberalism	ideology favoring less government control over social behavior and more greater regulation of businesses and of the economy.
Libertarianism	an ideology favoring very little government regulation and intervention beyond protecting private property and individual libert
Laissez faire economy	economic policy in which governments intrude as little as possible in the economic transactions between citizens and businesses.
Command and control economy	economic policy in which government dictates much of a nation’s economic activity, including the amount of production and prices for go
Mixed economy	economic policy in which many economic decisions are left to individuals and businesses, with the government regulating economic acti
Gross domestic product	total value of goods and services produced by an econom
Economic reccesion	period of decline in economic activity, typically defined by two consecutive quarters of negative GDP grow
Unemployment rate	percentage of people actively looking for work who cannot find jo
Inflation	The rise of prices of goods and services
Consumer price index	cost of a fixed basket of goods and services over time, used to measure the cost of liv
Fiscal policy	government use of taxing and spending to attempt to lower unemployment, support economic growth, and stabilize the econo
Federal reserve system	board of governors, Federal Reserve Banks, and member banks responsible for monetary p
Monetary policy	set of economic policy tools designed to regulate the amount of money in the econo
Medicare	federal program that provides health insurance to seniors and the disa
Medicaid	federal program that provides health care for the poor.

Created by: Akko

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