Main Vocab 2 Flashcards
Economy with little government interference
Market economy
An economy with elements of both command and market aspects
Mixed economy
The state’s recreation of a market in which property, labor, goods, and services can all function in a competitive environment to determine their value
Marketization
The transfer of state owned property to private ownership
Privatization
Divisions based on ethnic or cultural identity
Fragmentation
Divisions based on religion, ethnicity, race, social and economic classes
Social cleavages
A citizen’s capacity to understand and influence political events
Political efficacy
Voluntary organizations outside the state that help people define and advance their own interests
Civil society
The tendency in democracies to allow majority rule to neglect the rights and liberties of minorities
Tyranny of the majority
A universal political order that draws it’s identity and values from everywhere
Cosmopolitanism
Structures of a political system that carry out the work of governing
Political institutions
Government that concentrates all policymaking powers in one central geographic place and central government is responsible for most policy areas
Unitary system
Spreads the power among many sub units and has a weak central government
Confederal system
Divides the power between the central government and sub units
Federal system
Process that encourages states to pool their sovereignty in order to gain political, economic, and social clout
Integration
Purchase of assets in a country by a foreign firm
Foreign direct investment
Factors that bind together the people of a state, giving it strength
Centripetal force