Requirements That State and Local Governments Comply with Federal Rules

question 15

True/False

Requirements that state and local governments comply with federal rules under threat of penalties or as a condition of receiving a federal grant are called mandates.

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Definitions:

Foreign Aid

Financial assistance provided by one country to another, typically for development projects, humanitarian aid, or economic stabilization.

Microcredit Programs

Financial services provided to low-income individuals or to those without access to typical banking services.

Repayment Rates

The percentage of borrowed principal that is paid back to lenders within a specified period of time.

Conditional Cash Transfers

Anti-poverty programs in which households receive regular cash transfers (grants) as long as they keep their children in school and participate in preventative health care programs.