PA 3150 ch 1-13 Already Passed
Governments provide public infrastructures, such as vast systems of transportation,
communications including regulation of the Internet, and waterways and power lines which are
crucial for business operations. - =True
In the 1980's, the deregulation of the savings and loan industry is an example of a highly
successful reform initiative sponsored by government. - =False
_____________ can only flourish when the political and legal systems are strong and reliable,
which is a fundamental purpose of government. - =Business contracts
Although significant, market forces are not as important for the public sector (government) as
they are for the private sector. - =True
When public education is provided by the government, the text calls that role: - =Social architect
According to Roger Porter, in the United States the government business relations has shown a
patter of: - =Remarkable stability with respect to the economic, legal, and institutional
framework
Governments at all levels across the globe play various important roles with business. - =True
Both private sector companies and government agencies provide: - =products and services
Reducing _____ is a fundamental strength of the public sector. - =Risk
According to the text, what is an example of the "ugly" that is used when the government is
given a nearly impossible task and is often attacked on arguments not based on factual
informaton. - =Prisons
Public safety and defense are considered the two oldest roles that government. - =True
,The private sector harnesses the dynamic energy of - =market capitalism
The following would be considered proponents of a free market approach (neoliberalism): -
=Adam Smith, Milton Friedman, and Republicans generally
Public safety and defense are considered the two oldest roles that government. - =True
Individual entitlements makes up about 45% of the federal government budget - =True
The public sector reforms itself internally - =True
An area that would be considered a strength (dubbed 'the good") of government is: - =Providing
economic stability
There has been considerable growth in the number of governments because of an increase in
school districts throughout the United States. - =False
Which of the following reforms attempted to streamline the red tape hampering many federal
agencies, while simultaneously requiring greater documentation of, and accountability for, policy
results from those agencies? - =1993 Government Performance and Results Act
In the United States, there are approximately how many governments? - =89,000
The greatest growth in the workforce has been in the federal government, followed by state
government, and the least would be at the local government level since WWII. - =False
Health care spending is considered the largest category in California State government. - =True
In the early republic, who advocated for a mercantilist approach, which meant a more active role
of government. - =Alexander Hamilton
, Which of the following reforms attempted to streamline the red tape hampering many federal
agencies, while simultaneously requiring greater documentation of, and accountability for, policy
results from those agencies? - =1993 Government Performance and Results Act
Thomas Hobbes pointed out that government is more than a fact of life; it is a necessity. - =True
Federal regulation of business in the U.S. has always been extensive. - =False
President Roosevelt established the US Securities and Exchange Commission (SEC) in 1934 to. -
=regulate the stock market and prevent corporate abuses in security offerings, sales, and financial
reporting
The Moderate-Sized Government Era is defined as the period from 1987 to 1999, - =False
The Food and Drug Act was initiated in 1906, in part due to the public outrage over -
=unsanitary meatpacking conditions
The Gilded Age, with its unequal wealth distribution and increasing government corruption in
the late 1800s, led to the Progressive Era, a period which focused on both reforming and
expanding government. - =True
The Moderate-Sized Government era was a period of great economic expansion overall that
ended in the Great Depression. - =True
Governments in the U.S. were relatively uninvolved in the development of transportation
infrastructure in the nineteenth century - =False
Government is larger today, largely because the roles that we expect it to play are much more
expansive. - =True
Governments provide public infrastructures, such as vast systems of transportation,
communications including regulation of the Internet, and waterways and power lines which are
crucial for business operations. - =True
In the 1980's, the deregulation of the savings and loan industry is an example of a highly
successful reform initiative sponsored by government. - =False
_____________ can only flourish when the political and legal systems are strong and reliable,
which is a fundamental purpose of government. - =Business contracts
Although significant, market forces are not as important for the public sector (government) as
they are for the private sector. - =True
When public education is provided by the government, the text calls that role: - =Social architect
According to Roger Porter, in the United States the government business relations has shown a
patter of: - =Remarkable stability with respect to the economic, legal, and institutional
framework
Governments at all levels across the globe play various important roles with business. - =True
Both private sector companies and government agencies provide: - =products and services
Reducing _____ is a fundamental strength of the public sector. - =Risk
According to the text, what is an example of the "ugly" that is used when the government is
given a nearly impossible task and is often attacked on arguments not based on factual
informaton. - =Prisons
Public safety and defense are considered the two oldest roles that government. - =True
,The private sector harnesses the dynamic energy of - =market capitalism
The following would be considered proponents of a free market approach (neoliberalism): -
=Adam Smith, Milton Friedman, and Republicans generally
Public safety and defense are considered the two oldest roles that government. - =True
Individual entitlements makes up about 45% of the federal government budget - =True
The public sector reforms itself internally - =True
An area that would be considered a strength (dubbed 'the good") of government is: - =Providing
economic stability
There has been considerable growth in the number of governments because of an increase in
school districts throughout the United States. - =False
Which of the following reforms attempted to streamline the red tape hampering many federal
agencies, while simultaneously requiring greater documentation of, and accountability for, policy
results from those agencies? - =1993 Government Performance and Results Act
In the United States, there are approximately how many governments? - =89,000
The greatest growth in the workforce has been in the federal government, followed by state
government, and the least would be at the local government level since WWII. - =False
Health care spending is considered the largest category in California State government. - =True
In the early republic, who advocated for a mercantilist approach, which meant a more active role
of government. - =Alexander Hamilton
, Which of the following reforms attempted to streamline the red tape hampering many federal
agencies, while simultaneously requiring greater documentation of, and accountability for, policy
results from those agencies? - =1993 Government Performance and Results Act
Thomas Hobbes pointed out that government is more than a fact of life; it is a necessity. - =True
Federal regulation of business in the U.S. has always been extensive. - =False
President Roosevelt established the US Securities and Exchange Commission (SEC) in 1934 to. -
=regulate the stock market and prevent corporate abuses in security offerings, sales, and financial
reporting
The Moderate-Sized Government Era is defined as the period from 1987 to 1999, - =False
The Food and Drug Act was initiated in 1906, in part due to the public outrage over -
=unsanitary meatpacking conditions
The Gilded Age, with its unequal wealth distribution and increasing government corruption in
the late 1800s, led to the Progressive Era, a period which focused on both reforming and
expanding government. - =True
The Moderate-Sized Government era was a period of great economic expansion overall that
ended in the Great Depression. - =True
Governments in the U.S. were relatively uninvolved in the development of transportation
infrastructure in the nineteenth century - =False
Government is larger today, largely because the roles that we expect it to play are much more
expansive. - =True
