More Free Enterprise
Cash Transfers
Terms
100
the concerns of the public as a whole
What is public interest
100
A direct welfare program to the poor
What is Temporary Assistance for Needy Families (TANF)
100
A commitment to the value of work and purposeful activity
What is Work Ethics
200
private organization that tries to persuade public officials to act or vote according to group member’s interests
What is interest group
200
Benefits for the disabled and elderly
What is Social Security
200
An income level below that which is needed to support families or households
What is Poverty threshold
300
Laws requiring producers to provide full information about their products
What is public disclosure laws
300
Cash transfers for those that lose their jobs
What is unemployment
300
the part of the economy that involves the transactions of individuals and businesses
What is Private Sector
400
the concept that people may decide what and when they want to buy and sell
What is – voluntary exchange
400
Cash transfer for those injured on the job
What is worker’s compensation
400
a shared good or services for which it would be impractical to make consumers pay individually and excludes nonpayers
What is Public Good
500
the concept that people may decide what agreements they want to enter into
What is free contract
500
Name of programs through which the federal government helps the poor and elderly (the overall category)
What is redistribution programs.
500
the concept that people may decide what and when they want to buy an sell
What is voluntary exhange
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ESC
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Economics Chapter 3B - Mr. Nguyen
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