Government employs the largest number of people in the United States (federal, state, and local governments together)

Slides:



Advertisements
Similar presentations
Government Spending Daniel Camit Derrik Overton Kevin Phipps Billy Raddell.
Advertisements

4.5 Government Economic Policy
18.1 Critical Thinking 1.How did the GI Bill help returning veterans? College tuition, low interest loans 2. What economic challenges did America face.
Demobilization: Labor, The Baby Boom & Truman’s Fair Deal US History: Spiconardi.
Chapter 20: Society After WWII Section 1: The Challenges Of Peace.
POSTWAR AMERICA TRUMAN AND EISENHOWER RETURNING TO A PEACETIME ECONOMY After the war, many Americans feared returning to a peacetime economy However,
Section Outline 1 of 9 Government’s Role In Our Economy Section 2: Government’s Efforts to Solve Economic Problems I.Ensuring Fair Business Practices II.Protecting.
Economics – Mr. Graboski 10/3/11 Do Now: If the American economy is in a downward spiral, should the federal government step in with increased spending.
Unit 7 Macroeconomics: Taxes, Fiscal, and Monetary Policies Chapters 14.3 Economics Mr. Biggs.
Ch. 10 Government Spending. Section 1 Government Spending in Perspective Total government expenditures at all levels was almost $2.9 trillion in 2001-
Government Spending Economics Chapter 10 Did you know… Between 1962 and 1993, federal transfer payments to people eligible for benefits because of poverty.
Economics 10-1 The Economics of Government Spending Pages
Chris Haines and Nick Rodriguez.  August 1935  Part of FDR’s new deal  Provides aid for: ◦ aid for blind ◦ dependent children ◦ health clinics ◦ income.
Causes For The Rising Public Expenditure 1.Nation of the Welfare State- Welfare Functions –Social Insurance, Unemployment Benefits, Reduction in Inequalities,
Taxes and the Federal Budget
Executive Office of the President & the Federal Bureaucracy.
Government Spends, Collects, and Owes. Section 1: Growth in the Size of Government  Prior to the Great Depression, the Government (Federal, State, and.
Domestic Policy in Post War America Truman and Eisenhower.
The Affluent Society America in the 1950’s. America after the War Celebration…. and DEMOBILIZATION 1945 – 12m military m military.
UNIT #7 Public Policy CHAPTER #19 Domestic Policy LESSON #1-4 Domestic Policy.
Unit Six. Chapter 16 Congress has the power to Coin money Collect taxes Borrow money Set up a postal service Build roads Regulate commerce Congress has.
Monetary Policy Monetary Policy – the process by which the government controls the supply of money in circulation and the supply of credit through the.
GOVERNMENT GROWTH by Frank Elwell. Government Growth The essence of politics is power. The power to tax, wage war, determine policy, regulate commerce,
Government Finances Chapter 25. The Federal Government Section 1.
Ch. 10 Econ 1. Total gov’t expenditures at all levels was almost $3 trillion in about $__________ for every American.
Truman and Eisenhower 16-1
Chapter 25.1 The Federal Government. Preparing the Budget Each year, the president and Congress create the federal budget, which is a plan for how the.
Ch. 12, Section 1 – Growth of Government Reasons 1) population growth 2) changing public attitudes - prior to the Great Depression we followed laissez-fair.
USH 16:1 Return to a Peacetime Economy Servicemen's Readjustment Act (“G.I. Bill”) – Provide funds to veterans: Establish businesses Buy homes Attend college.
13-1 An Economic Boom Warm-Up – What’s a Boom? Economic? Baby?
The Changing Face of the Nation. A Peacetime Economy  During the war millions of Americans had been employed making goods for the military Where would.
Public Policy A purposeful and consistent course of action taken by government to address a particular problem.
After winning the Election of 1932, Franklin D. Roosevelt (FDR) began sending bill after bill to Congress, 15 major acts passes to meet the economic crisis,
Government Spends, Collects, and Owes.  dex_with_mods.php?PROGRAM= &VIDEO=-1&CHAPTER=16
Social Welfare Policymaking. What is Social Policy and Why is it so Controversial? Social welfare policies provide benefits to individuals, either through.
~What factors influence the growth of government? ~Why have government expenditures increased over time?
Fiscal Policy. Clear Target Students will be able to explain how fiscal policy is used to influence our economy.
Unit D Taxes & Spending 5.01 Identify Key Aspects of Federal Spending.
By Ariana Martin, Austin Jones, Haley Hurlbert.
Role of Government Chapter 12. GROWTH OF GOVERNMENT   The U.S. government employs more people in the U.S. than any other organization.
Chapter 11: Government Expenditures and Revenues.
 Black Tuesday: October 29 th, 1929  Hoover tried to reform the economy but failed.  Attacked most countries › Rich › Poor.
Chapter 10 – Government Spending. Section One – The Economics of Government Spending I.Government Spending in Perspective i. Government called on to do.
CHAPTER 5 TAXES How Much of Your Income Will You Keep?
CH. 14: THE CONGRESS THE PRESIDENT AND THE BUDGET.
Federal Taxing & Spending. A) Withholding 1) Government obtains your individual income tax money through withholding 2) The gov’t keeps a certain percentage.
Government Finances: Fiscal Policy, Taxing and Spending Fiscal Policy Government Budget Federal Government Revenue Federal Government Expenditures State.
Aim #77: What were the domestic policies of presidents Truman and Eisenhower? Do now! Read “Postwar Politics and the Cold War” “My Precious Presidency”
The US Federal Budget How does our Government spend its money? Where does all that money go?
Chapter 22, Opener Where do your taxes go? Income Taxes and Government Spending.
Government Revenue and Spending
Objectives Examine the rise of the suburbs and the growth of the Sunbelt. Describe changes in the U.S. economy and education in the postwar period.
America post ww II.
New Deal Acts, Corporations, and Administrations.
Government Finances: Fiscal Policy, Taxing and Spending
Post World War II American Prosperity
Objectives Examine the rise of the suburbs and the growth of the Sunbelt. Describe changes in the U.S. economy and education in the postwar period.
Healing the Wounds Of War
Across all coverage sources, some adults plan to drop insurance after mandate repeal The tax bill passed by Congress in December 2017 made a change to.
Ch. 15 Sec. 2- Life after WWII What was the name of legislation that helped returning soldiers from WWII? What was the dramatic rise in births in the United.
GROWTH OF GOVERNMENT Chapter 12, Section 1.
Post War: Economic Boom
What was the aftermath of World War II for the U.S.? Notes #54
Truman Domestic polices
Post War Economy America After WWII.
GREAT DEPRESSION AND NEW DEAL TEST
2. Explain how the government has gotten involved in the economy
Government Spending Chapter 10 – Section 1
The government’s investment in human and physical capital
1950s Overview.
Presentation transcript:

Government employs the largest number of people in the United States (federal, state, and local governments together)

Four key factors for growth of government 1.Population growth 2.Changing public attitudes 3.Rising standard of living 4.National emergencies

1.POPULATION GROWTH –If population grows you need more government employees because we need … More schools More police Larger defense (military) Better roads

2. CHANGING PUBLIC ATTITUDES Because of Great Depression people rejected laissez-faire economic policy (no government interference) and wanted more government intervention Franklin D. Roosevelt’s “New Deal” programs designed to ease the hardships of the Great Depression

3. Rising Standard of Living as people earn and spend more and improve their standard of living, they expect goods and services to improve US Government has grown in areas such as health care, education, and consumer protection

4. National Emergencies A war can increase the government in size –Example: World War II Congress passed the GI Bill of Rights: provided funds for veterans to return to college – this program continued after the war ended

New government programs leads to increased government spending Federal Government mostly spends on insurance benefits & interest on debts State & Local Governments mostly spend of education, public welfare, and road construction and maintenance