PSC 101 Lecture Notes - Lecture 4: Tea Party Movement, Business Cycle, Earned Income Tax Credit
17 Dec 2019
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Psc 101-008 chapter 4 notes - structural foundations of american. Government and politics demographics - the statistical study and description of a population; has influence on government and politics. Unlike most other rich democracies, the us continues to experience significant population growth. Higher than replacement birthrates and immigration led to this increase; also, both are important for economic growth and fiscal health. As the population grows, more people work/pay taxes, help cushion burden on national budgets of those who are retired and more businesses are formed to service new citizens" needs. Some are concerned that the population will run up against the limits of available resources and the natural environment will be hurt but a lower median household income. Gdp - monetary value of all goods and services produced in a nation in a year; does not include income residents earned abroad. Minority average incomes rising, white non-college- educated men hit hard .
