Policy Vocab & Statutes apg economic & Regulatory Policy: Public policy
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Policy Vocab &
Economic & Regulatory Policy:
Public policy –
A specific course of action taken by government to achieve a public goal.
Policy agenda –
The informal list of issues that Congress and the president consider most important for action.
Distributive policy –
A type of policy that provides benefits to all Americans.
Redistributive policy –
A type of policy that takes benefits (usually through taxes) from one group of Americans and gives them to another (usually through spending).
The precise legal definition of how government will implement a policy.
Iron triangle –
A policy-making alliance that involves a very strong ties among
a congressional committee
an interest group
, and a Federal Department or agency.
Issue network –
A policy-making alliance among loosely connected participants that comes
together on a particular issue
, then disbands.
Fiscal policy –
Government policy that attempts to manage the economy by controlling taxing and spending.
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