Domestic Policy
What type of policy deals with taxes and government spending?
Fiscal Policy
What program provides retirement income to workers?
Social Security
What is a tax on imports called?
Avoiding foreign conflicts is known as....
Isolationism
What international group was created after World War I?
League of Nations
Name the act that broke up monopolies in the late 1800s.
Sherman Antitrust Act
Which two programs provide health insurance for the elderly and poor?
Medicare & Medicaid
What is it called when a country buys more than it sells?
Trade Deficit
What warned Europe not to interfere in the Americas?
What policy focused on stopping the spread of communism after WWII?
Truman Doctrine
What type of policy controls inflation and interest rates?
Monetary Policy
What law expanded health insurance coverage in 2010?
Affordable Care Act
Name one U.S. trade agreement with Canada and Mexico.
NAFTA or USMCA
What event helped push the U.S. into World War I?
Interception of the Zimmermann Telegram
Why did the League of Nations fail?
U.S. didn't join
What idea did Adam Smith describe when he argued that individual self-interest benefits society?
Invisible Hand
What type of taxes mainly help fund Social Security and Medicare?
Payroll taxes
What usually happens to consumer prices when tariffs are increased?
Prices increase
What foreign policy approach involves active involvement in world affairs?
Interventionism/ Globalism
What was the League of Nations replaced with?
United Nations
A question about raising taxes to reduce inflation would be an example of what type of policy?
Fiscal Policy
What type of policy would Social Security and Medicare be considered?
Removing tariffs usually makes imported goods cheaper, but may hurt what group?
Domestic businesses/jobs/workers
Which doctrine stated that the U.S. could intervene in Latin America to protect its interests?
Roosevelt Corollary
Why is it difficult for international organizations to enforce laws on countries?
Countries are sovereign and cannot easily be forced to obey international law