A Policy-Making Approach (Commonly Used by the Federal Government) Defined

question 51

Multiple Choice

A policy-making approach (commonly used by the federal government) defined as a series of small policy actions that lead to modest and relatively slow policymaking.

• A) strategic policy making
• B) rational-economic policy making
• C) incremental policy making
• D) innovative policy making

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Definitions:

Real Estate

Property consisting of land and the buildings on it, along with its natural resources.

Economic Well-Being

The overall state of economic health and prosperity experienced by individuals or a community, often measured by factors like income, employment, and access to goods and services.

Military Expenditures

The financial resources a country allocates for its military to fund defense and security functions, including salaries, equipment, operations, and maintenance.

National Income Accountants

Professionals who compile and analyze data on a country's economic activity, measuring factors like GDP, national income, and investment.