Unit 2 Quiz - Immig., Demograph., Generat., Econ Basics

All of the people born and living at about the same time who live through the same major events/cultural experiences

• Demographics

• Census

• Generation

A decline in the purchasing value of money; a general increase in prices of goods and services

• Inflation

• Fiscal Policy

• Gross Domestic Product(GDP)

Term to describe situation when no single racial group will make up more than 50% of the population

• Great Migration

• Minority-Majority

• Generation

The official count/analysis of the American population that is conducted every 10 years

• Demographics

• Inflation

• Census

The control of the quantity of money available in an economy, usually by a central bank (Federal Reserve), to influence economic conditions

• Monetary Policy

• Fiscal Policy

• Revenue

The statistical data relating to a population and its composition

• Demographics

• Census

• Minority-Majority

The market value of all the final goods and services produced in a specific time period within a nation

• Monetary Policy

• Revenue

• GDP - Gross Domestic Product

Money the government collects from individuals and businesses

• GDP - Gross Domestic Product

• Revenue

• Fiscal Policy

The use of government spending and tax policies to influence economic conditions

• Fiscal Policy

• Monetary Policy

• Revenue

The largest movement of people in U.S. history; mostly Black Americans moving from the South to the North

• Census

• Demographics

• Great Migration