California in the American System Study Guide.

What is the definition of federalism? - Ans Two or more governments exercising power and authority over the same people and the same territory. Where does California's economy globally rank compared to all other nations? - Ans The sixth largest economy in the world. In the state's highly stratified economy, how has income changed for the poorest 10% compared with those of the wealthiest 10% over the last 20-30 years? - Ans The poorest 10% has dropped to 20%, the wealthiest 10% has increased to 60%. What are three primary reasons for the lack of affordable housing in the state? Also, what does the acronym NIMBY stand for? - Ans 1. 2. local governments increased permit and development impact fees on builders, which drove up the expense of housing projects. 3. NIMBY groups organized opposition to the housing projects. NIMBY stands for Not In My Back Yard