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Cards In This Set
| Front | Back |
 Zoning of Land |
The local government decides how a piece of land will be developed.
|
 Smart Growth |
A type of land development that promotes revitalizing an existing community instead of wasting "green spaces" to make a new community.
|
 Sprawl |
A type of land development that promotes that wasting of "green space".
|
 Social Security |
Monthly money given to disabled & elderly people.
|
 Medicaid |
Medical assistance program for poor people.
|
 Medicare |
Medical assistance program for senior citizens (over 65 years old).
|
 Fiscal Policy |
The taxing and spending policies of a government.
|
 Economic Depression |
An economy that has a low GDP, unstable inflation, and high unemployment.
|
 Economic Recession |
An economy that has a slowing GDP, unstable inflation, and rising unemployment.
|
 Economic Prosperity |
An economy that has a high GDP, stable inflation, and low unemployment.
|
 Gross Domestic Product (GDP) |
A economic statistic that measures all new goods and services made by a country in a given period.
|
 Consumer Price Index (CPI) |
An economic statistic that measures that prices of consumer goods--measures inflation levels.
|
 Unemployment Rate |
An economic statistic that measures how many people are without a job AND looking for a job.
|
 Monetary Policy |
The government's plans to monitor the money supply of a country.
|
 The Federal Reserve (the FED) |
The independent federal agency that controls USA monetary policymaking decisions.
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