Early Midterm All Vocab Flashcards
Political violence
Violence outside of state control that is politically motivated
Ideational
Having to do with ideas
Revolution
Public seizure of the state to overthrow the existing government and regime
Relative deprivation model
Model that predicts revolution when public expectations outpace the rate of domestic change
Terrorism
Use of violence by nonstate actors against civilians to achieve a political goal
State sponsored terrorism
Terrorism supported directly by a state as an instrument of foreign policy
Guerilla war
Nonstate combants who largely abide by the rules of war and target the state
Nihilism
All institutions and values are meaningless, the only redeeming value is violence
Political economy
The study of the interaction between states and markets
Market
The interaction between the forces of supply and demand that allocat resources
Property
Goods or services that are owned privately or publicly by an individual or group
Public goods
Goods, provided or secured by the state, available to society and which no private person or organization can own
Gross Domestic Product
Total market value of all goods and services produced by a country over a year
Central bank
State institution that controls how much money is in the economy and how much it costs to borrow money in the economy
Inflation
Outstripping of supply and demand causing an increase in the general price level
Hyperinflation
Inflation of more than 50% a month for more than two months in a row
Deflation
Falling prices and values for goods, services, investments, and wages
Regulation
Rule or order that sets boundaries of a given procedure
Monopoly
Single producer that is able to dominate the market for a good or service without effective competition
Tariff
Tax on imported goods
Quota
Nontariff barrier that limits the quantity of a good that may be imported into a country
Comparative advantage
Ability of one country to produce a good a more efficiently than another countr
Political-economic systems
Relationship between political and economic institutions in a particular country
Laissez-Faire
The economy should be allowed to do what it wishes
Capitalism
System of production based on private property and free markets
Mercantilism
Political economic system in which national economic power is paramount and the domestic economy is an instrument that exists to serve the needs of the state
Parastatal
Industry partially owned by the state
Purchasing Power Parity
Estimate the buying power of income across different countries using prices in the US as a benchmark
Gini index
Amount of inequality in a society
Human Development Index
Overall wealth, health, and knowledge of a countries people
Economic liberalization
Changes consistant with liberalism that aim to limit the power of the state and increase the power of the market and private property
Democracy
Political system where political power is exercised directly or indirectly by the people
Liberal democracy
Political system that promotes participation, competition and liberty and emphasizes individual freedom and civil rights
Republicanism
Indirect democracy with separation of powers within a state and the representation of the public through elected officials
Separation of powers
Clear division of power among different branches of government and the provision that specific branches may check the power of other branches
Civil society
Organizations of the state thaat help people define and advance their own interests
Executive
Carries out laws and policies of a state
Head of state
Executive role that symbolizes and represents people
Head of government
Executive role that deals with everyday tasks of running the state
Legislature
Charged with making laws
Bicameral system
Legislature comprises two houses
Unicameral system
Legislature comprises one house
Rule of law
All individuals and groups are subject to the law, irrespective of their power or authority
Constitutional court
Highest judicial body that decides whether laws and policies violate the constitution
Judicial review
Courts can review the actions of government and overturn those that violate the constitution
Concrete review
Judicial review that allows the constitutioinal court to rule on the basis of actual legal disputes brought before it
Abstract review
Judicial review that allows the constitutional court to rule on questions that dont arise from actual legal disputes
Parliamentary system
Roles of head of state and head of government are assigned to separate executive offices