1. Tools of economic development?
2. Explain and give examples of eminent domain
3. Advantages of clusters?
4. Explain and give examples of privatization
5. The Mission Inn and Festival of Lights in Riverside, Ca
6. Explain and give examples of deregulation
7. Explain and give examples of economic blight
8. Adam Smith recognized what 3 factors that contribute to production in classical growth theory?
9. What is an indicator of relative economic strength?
10. Economic development strategies
11. Explain and give examples of "economic growth"
12. Explain and give examples of microeconomic policies?
13. Explain and give examples of fiscal policies?
14. What is meant by national debt?
15. What independent agency plays one of the largest roles in economic policy?
16. What is the primary characteristic of a socialist system?
17. What is a primary characteristic of economic development in a capitalist system?
18. In a socialist system, what becomes of industries and/or businesses that are nationalized
19. In a socialist system, individuals that work for a nationalized industry or business...
20. In a socialist system, what role do labor unions play
21. What is the primary characteristic of a socialist system?
22. In a socialist system, what becomes of industries and/or businesses that are nationalized?
23. In a socialist system, who employs the individuals that work for a nationalized industry or business?
24. Why can the Build Back Better plan be considered economic development?
25. What are the three main provisions that were cut from the Biden plan as a compromise to ensure passage of the bill?
26. What is the plan for funding the Build Back Better plan?

UNDERSTAND THE FOLLOWING TERMS:

1. Deregulation
2. Fiscal Policy
3. Economic Development
4. Industrial Recruitment
5. Privatization
6. Eminent Domain
7. Entrepreneurial Strategy
8. Public Borrowing
9. Zoning
10. Cluster