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Part Four

Part Four. Review. What is Deflation?. What is Deflation?. When the value of our money decreases . What is Inflation?. What is Inflation?. When the price of goods and services goes up, usually faster than people’s wages. What is the national debt?. What is the national debt?.

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Part Four

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  1. Part Four Review

  2. What is Deflation?

  3. What is Deflation? When the value of our money decreases

  4. What is Inflation?

  5. What is Inflation? When the price of goods and services goes up, usually faster than people’s wages

  6. What is the national debt?

  7. What is the national debt? The total of all the debt that the United States owes to its creditors, here or abroad!!

  8. What is the budget deficit?

  9. What is the budget deficit? When the United States, in its infinite wisdom, spends more money than it receives in taxes, the difference is called the budget deficit

  10. Why on earth do some people choose to not vote?

  11. Why on earth do some people choose to not vote? What with all the elections many think their vote matters little, they have to register first and that’s a bit of a bother, we do have a stable government with peaceful transition, there are other ways of getting politically involved and there are some people who don’t think we put up very good candidates

  12. What does the OMB do?

  13. What does the OMB do? First, it stands for the Office of Management and Budget, it works for the President (or executive branch), and compiles the budget they submit to Congress

  14. Why don’t third parties last long in American politics?

  15. Why don’t third parties last long in American politics? The other two tend to absorb the pet issues of the third party, people get tired of voting for losing candidates, our winner-take-all system discourages third parties

  16. What is containment?

  17. What is containment? The practice of putting something in a container, or the American foreign policy of attempting to keep Communism contained to the areas it was without spreading

  18. What is the Diplomatic Corps?

  19. What is the Diplomatic Corps? The total off all the diplomats and ambassadors that carry out America’s foreign policy around the world – representatives for America around the world

  20. The End of Part 4 Review

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