Tax paid to the state, federal, and local governments based on income earned over the past year.
a tax for which the percentage of income paid in taxes increases as income increases
The New Deal
The programs and policies to promote economic recovery and social reform introduced during the 1930s by President Franklin D. Roosevelt
Government benefits that certain qualified individuals are entitled to by law, regardless of need.
Food Stamp Program
federally funded program that gives food coupons to low-income people based on income and family size
federal program that provides monthly payments to people who are retired or unable to work
No Child Left Behind
Holds states, schools, and school districts more accountable for their standardized tests scores. The wanted outcome was better tests scores all around and overall a smarter and better population of young people that would positively contribute to a growing America. The schools are funded base on the scores.
School Voucher Programs
the reform initiaitive by conservative groups to allocate tax funds normally given to large school systems, to parents in the form of refunds
Provided for college or vocational training for returning WWII veterans as well as one year of unemployment compensation. Also provided for loans for returning veterans to buy homes and start businesses.
law intended to promote free competition in the market place by outlawing monopolies
Gross Domestic Product (GDP)
The total output of all economic activity in the nation, including goods and services.
controlling global warming by setting greenhouse gas emissions targets for developed countries.
an American foreign policy opposing interference in the Western hemisphere from outside powers
Roosevelt's 1904 extension of the Monroe Doctrine, stating that the United States has the right to protect its economic interests in South And Central America by using military force
an organization of independent states formed in 1945 to promote international peace and security
International Monetary Fund (IMF)
an international organization that acts as a lender of last resort, providing loans to troubled nations, and also works to promote trade through financial cooperation
a United Nations agency created to assist developing nations by loans guaranteed by member governments
President Truman's policy of providing economic and military aid to any country threatened by communism or totalitarian ideology
A conflict that was between the US and the Soviet Union. The nations never directly confronted each other on the battlefield but deadly threats went on for years.
War on Terror
After 9/11, President George W. Bush declared a worldwide "war on terrorism" aimed at defeating international terrorist organizations, destroying terrorist training camps, and bringing terrorists themselves to justice.