Politics and Economy

Question 1

Politics

Answer 1

Social relations involving authority or power, the regulation of political units, and the methods used to formulate and apply social policy

Question 2

Power

Answer 2

The capacity to influence lead, dominate, or otherwise have an impact on the life and actions of others in society

Question 3

Authority

Answer 3

A concept of a legal right of a person or group to govern the actions of their subordinates and make decisions for the organization

Question 4

Coercion

Answer 4

The use of force or threats to make someone comply with certain actions or behaviors against their will

Question 5

State

Answer 5

A form of human association distinguished from other social groups by its purpose, the establishment of order and security

Question 6

Traditional Authority

Answer 6

Power that is rooted in traditional, or long-standing, beliefs and practices of a society

Question 7

Rational-legal authority

Answer 7

Indicates that authority is invested in a set of rules and rule-bound institutions and that the creating and changing the rules are outside of the control of those who administer them

Question 8

Charismatic authority

Answer 8

A concept of organizational leadership wherein the authority of the leader derives from the personal charisma of the leader

Question 9

Routinization of charisma

Answer 9

The inevitable transformation of charismatic leadership into institutional authority

Question 10

City-state

Answer 10

A political system consisting of an independent city having sovereignty over contiguous territory and serving as a centre and leader of political, economic, and cultural life

Question 11

Monarchy

Answer 11

A political system in which supreme authority is vested in the monarch, an individual ruler who functions as head of state

Question 12

Democracy

Answer 12

A system of government in which laws, polices, leadership, and major undertakings of a state or other polity are directly or indirectly by the people

Question 13

Direct Democracy

Answer 13

The people decide on policies without any intermediary or representative

Question 14

Representative democracy

Answer 14

People vote for representative who then enact policy initiatives

Question 15

Citizenship

Answer 15

Membership in a polity

Question 16

Universal citizenship

Answer 16

Citizenship for everyone

Question 17

Dictatorship

Answer 17

A country governed by a dictator

Question 18

Oligarchy

Answer 18

A small group of people having control of a country, organization, or institution

Question 19

Totalitarianism

Answer 19

a system of government that is centralized and dictorial and requires complete subservience to the state

Question 20

Voter Apathy

Answer 20

The disinterest of indifference of eligible voters toward participating in electoral processes

Question 21

Special interest groups

Answer 21

A group of people or an organization seeking or reviving special advantages, typically through political lobbying

Question 22

Lobbyists

Answer 22

Any attempt to influence the action of any legislative body or any federal, state, or local government agency, or to affect the opinions of the general public

Question 23

Political action committees

Answer 23

A political committee that is directly or indirectly established, financed, maintained or controlled by a candidate or an individual holding federal office

Question 24

Anarchy

Answer 24

There is no central ruler or governing body

Question 25

Pluralism

Answer 25

A situation in which people of different social classes, religions, races are together in a society but continues to have their differences traditions and interests

Question 26

Checks and balances

Answer 26

The separation of power to avoid one entity or body wielding too much power

Question 27

Power elite

Answer 27

The people in society who make all the decisions that matter

Question 28

Ruling class

Answer 28

The social class who set and decide the political and economic agenda of society

Question 29

Terrorism

Answer 29

The use of violence against non-combatants to achieve political or ideological aims

Question 30

Economy

Answer 30

A social system that produces, distributes, and consumes goods and services in society

Question 31

Subsistence economy

Answer 31

An economy directed to one’s subsistence rather that to the market

Question 32

Conspicuous consumption

Answer 32

The purchase of goods or services for the specific purpose of displaying one;s wealth

Question 33

Capitalism

Answer 33

An economic system characterized by private ownership of the means of production, with labor solely paid wages

Question 34

Laissez-faire capitalism

Answer 34

An economic philosophy of free-market capitalism that opposes government intervention

Question 35

Socialism

Answer 35

A political and economic system in which property and the means of production are owned in common, typically controlled by the state or government

Question 36

Market forces

Answer 36

Supply and demand, which determine the allocation of scarce resources and the relative prices of goods, services, and assets in a market economy

Question 37

Democratic socialism

Answer 37

A left-wing set of political philosophies that supports political democracy and some form of a socially owned economy

Question 38

Convergence theory

Answer 38

As a country’s economy grows, its societal organization changes to become more like that of an industrialized society

Question 39

Global superclass

Answer 39

The power of the elite world