Government and Economic Terms Quiz

Government and Economic Terms

• Bloated Government: A government that's excessively large, leading to inefficiency, wasteful spending, and increased bureaucracy.

• Overbearing: Unpleasantly domineering or assertive.

• Plausible: Seeming reasonable or probable.

• Patronage: Political support given by a patron, often involving political favors.

• Blizzard: A severe snowstorm, or metaphorically, an overwhelming amount of something.

• Surplus: An amount left over after meeting requirements; excess.

• Bonfire: A large controlled outdoor fire, or metaphorically, a complete elimination of something.

Political and Social Terms

• Detest: To dislike intensely; to hate.

• Wielding: Holding and using (especially a weapon or tool); exercising power or influence.

• Trumpian: Relating to or characteristic of Donald Trump, especially in political style or rhetoric.

• Rebuke: An expression of sharp disapproval or criticism.

• Protectionism: Economic policy restricting imports via tariffs, quotas, etc., to protect domestic industries.

• Reckless Borrowing: Taking on debt without considering risks, leading to financial instability.

Economic Terms (Continued)

• Tumble: To fall suddenly or clumsily; to decrease quickly in value.

• Income Bracket: A range of income levels, used to classify individuals or households for taxation or statistics.

• Chainsaw: A portable mechanical saw using a chain with teeth, for cutting wood or other materials.

• Halved: Reduced by half.

• Battered Economy: A severely affected economy by factors like recession, unemployment, or financial crises.

Political Ideologies

• Thatcherism: Conservative economic policies associated with Margaret Thatcher's leadership, emphasizing free markets, deregulation, and reducing union power.