Political Ideology and Policy

Flashcards covering key concepts related to political ideology and policy-making.

Party platform

A formal set of principles and goals that a political party adopts to appeal to the electorate.

Fiscal policy

Government policy that uses taxation and spending to influence the economy.

Monetary policy

The process by which the central bank (like the Federal Reserve) manages the money supply and interest rates.

Safety net

Social insurance programs designed to protect individuals from economic hardship, including Social Security, Medicaid, and Medicare.

Informational Privacy

The right to control personal data and information in the digital age.

Political Ideology

A set of beliefs and values that shape political preferences and policies.

Trade Policy

Government regulations and agreements that determine how a country conducts trade with other nations.

Government and Privacy

The relationship between governmental authority and an individual's right to keep personal information confidential.