Q4 - Week 1 Flashcards
According to him, state is a social animal and by nature s/he is a political being. To him, to live in the state and to be a man were identical.
Aristotle
According to him, the state is necessary because it comes into existence out of the basic needs of life. It continues to remain for the sake of good life. The aims, desires, and aspirations of human beings are translated into action through the State
Niccolo Machiavelli
According to him, state is people organized for law within a definite territory.
Woodrow Wilson
An independent political entity with geographic boundaries; refers to a territory; has a fixed territory; cannot exist without sovereignty
state
A large body of people united by common origin, history, culture, ethnicity and language; refers to a group of people; doesn’t have a fixed territory; can’t exist without sovereignty
Nation
power of the state to regulate freedom and property rights of individuals for the protection of public safety, health, and morals or the promotion of the public convenience and general prosperity. This is because the Welfare of the people is the supreme law.
Police Power
the right of the state to use or even destroy property of subjects for the ends of public utility or extreme necessity but with compensation.
Eminent Domain
This is a power to impose tax on individuals and properties to support the government.
Taxation
the persons or things belonging to the same class shall be taxed at the same rate.
uniform taxation
the tax burden must be imposed according to the taxpayers capacity to pay.
equitable taxation
the resources of the taxpayer becomes higher his rates likewise increase.
progressive taxation
system of government that bases its legitimacy on the participation of the people.
Democracy
total sovereignty is invested in one person, a head of state called a monarch, who holds the position until death or abdication.
Monarchy
based on divine right
Monarchy (Absolute)
their monarchs are little more than symbolic heads of state; actual governing is the responsibility of elected officials.
Constitutional Monarchy
a concept for a form of government or political system that prohibits opposition parties, restricts individual opposition to the state and its claims, and exercises an extremely high degree of control over public and private life.
Totalitarian
denies the people participation in government. An authoritarian government is indifferent to people’s needs and offers them no voice in selecting leader
authoritarian
they enable customers to keep money in safe place, and to earn interest on their savings
Bank as borrowers
they enable customers to borrow money to finance spending
Bank as lenders
they enable customers to pay bills, and from customer to customer
bank as transferers of money
This is an associations owned by people who voluntarily cooperate with each other under the influence of their social, economic and cultural benefits.
corporations
constitutes a form of worker self-management.
producer
customers share in the profit in relation to purchases.
consumer
a financial institutions established by states and private interests, for the particular purpose of promoting economic growth, often having preferential interest-rates and terms of repayment
economic development agencies
an employee organization primarily concerned with improving the conditions and rewards of the working lives of its members.
trade(s) union
This is a groups with social advocacy across national boundaries such Red Cross, World Vision and Habitat for Humanity
Transnational Advocacy Groups
a realization of interdependency of all countries of the world in different issues such as economic, security and laws.
International Organizations
Two main types of international organizations
International non-governmental organizations (INGOs)
Intergovernmental organizations (IGOs)
responsive when there are needs and concerns of different countries.
actor
as means of dialogue especially in times of crisis and conflict between nations.
forum
sharing resources both intellectual and material especially when times of calamity.
resource
