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AP US Government
Unit 1 – Foundations of American Democracy
Topic 1.9
What primary advantage does fiscal federalism provide to governments?
It provides unlimited financial resources to local governments from international organizations.
Under fiscal federalism, local governments can print their own money as needed without consequences from inflation or devaluation.
It allows for more localized control over spending initiatives with grants from central government.
Fiscal federalism eliminates any need for taxes at the local level due to revenue sharing with the central government.
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AP US Government - 1.9 Federalism in Action
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Fiscal Federalism
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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