Ch 10 (Unit 4) Flashcards

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1
Q

Political Culture (LIFER)

A

Dominant set of beliefs, customs, traditions, values
Defines relationship btwn citizens + govt

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2
Q

LIFER

A

Liberty
Individualism
Free Enterprise
Equality of Opportunity
Rule of Law

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3
Q

Political Ideology

A

Believe abt how much govt interferes

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4
Q

Liberal

A
  • Left Wing (Dems)
  • BIG govt
  • govt assis programs
  • foodstamps
  • business regulation
  • Change status quo
  • use tax$$ for common good
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5
Q

Conservative

A
  • Right wing (Repub)
  • small govt
  • NO govt assistance
  • NO business regul
  • KEEP status quo
  • NO tax$$ use
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6
Q

Valance issues

A

Issues that are agreed upon by both parties
- strong econ
- nat’l security

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7
Q

Wedge issues

A

Issues that parties disagree on
- abortion
- wars
- immigration

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8
Q

Political socialization

A

How ideologies are developed
1. Family
2. School
3. Peers
4. Media
5. Social environment
6. Geographic location

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9
Q

Life cycle effect

A

Changes happening through age impact ideologies (knowledge, life experience)

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10
Q

Generational effect

A

Historical events affect political ideologies

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11
Q

Policy

A

Govt action

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12
Q

GDP

A

Gross Domestic Product
total value of goods produced
- 2 consecutive declines = recession

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13
Q

Unemployment rate

A

% of ppl looking for job + can’t find job

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14
Q

Inflation

A

📈 in goods/services
high price = poor workwrs

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15
Q

Recession

A

Temp econ decline
- trade + industrial activity reduced
- GDP 📉 for 2 quarters

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16
Q

Keynesian Model

A

GOVT plays role in fixing econ decline
- spends $$$
- goes into debt
- does wtv to save country!!!

17
Q

Supply-side model

A

BUSINESSES play role in fixing econ decline
- reduce tax -> make more, cheap products
- “supply side” of econ
Used by Reagan in 1980