Mid-term study guide

Mid-term study guide - Federalism: is a type of government...

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Federalism: is a type of government where power is divided between a central government and several regional governments. In terms of the United States the division is between the national government and the government of the states. An example of federalism in the United States is federal grants in exchange for federal legislation. This is when states comply with certain legislations in order to receive federal funding such as the drinking age for highway money. Unitary Government: Unlike a federal government, unitary government is where one government unit governs the nation. The authority is therefore controlled by the national government, however, the state and local governments administrate the delegated rulings. Implied Powers: Federal government has the power to pass all laws “NECESSARY AND PROPER.” They are those powers authorized by a legal document which, while not stated, are deemed to be implied by powers expressly stated. Hamilton noted that the "general welfare clause" and the "necessary and proper" clause gave elasticity to the constitution. Commerce Clause: In the United States Constitution the commerce clause states that Congress has the power to regulate commerce with foreign nations, among the states, and with the Indian tribes. Courts and commentators have tended to discuss each of these three areas of commerce as a separate power granted to Congress. Tenth amendment: The tenth amendment is part of the Bill of Rights and was ratified on December 15 th , 1791. The Tenth Amendment restates the Constitution's principle of Federalism by providing that powers not granted to the National government nor prohibited to the states are reserved to the states and to the people. U.S. v. Lopez: Was a court case in 1995, where the court narrowly decided in favor of a student who had been caught carrying a handgun on campus, which was in violation of the federal Gun-Free School Zones Act of 1990. This court case made it a point that an “empirical connection” was necessary to be established between a law’s provisions and its actual effect on interstate commerce. Transactions Costs: The transaction cost is the time, effort, and resources required to compare preferences and make collective decisions. For example, most people, when buying or selling a stock, must pay a commission to their broker; that commission is a transaction cost of doing the stock deal. Public Good: Public good is the consumption of the good by one individual does not reduce availability of the good for consumption by others; and that no one can be effectively excluded from using the good (everyone benefits). In the real world, there may be no such thing as an absolutely non-rivaled and non- excludable good; but economists think that some goods approximate the concept closely enough for the analysis to be economically useful. Representative Government:
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This note was uploaded on 06/26/2010 for the course GLS gls 114 taught by Professor Sorensen during the Spring '09 term at Bentley.

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Mid-term study guide - Federalism: is a type of government...

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