Terms Flashcards

1
Q

Increasing interconnectedness of the world

A

Globalization

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2
Q

A psychological sense of identity based on shared ethnicity, language, history, or culture

A

Nation

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3
Q

Formal policymakers within the government including the executive, legislature, judiciary, and the bureaucracy

A

Instituions

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4
Q

A government in which the system has not changed even though there have been different leaders

A

Regime

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5
Q

A government with both authoritarian and democratic elements

A

Hybrid Regime

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6
Q

The people’s belief in the government’s right to rule

A

Legitimacy

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7
Q

A fair and understandable system of laws that are followed and apply to everyone

A

Rational/Legal Legitimacy

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8
Q

Because it has always been that way

A

Traditional Legitimacy

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9
Q

Based on a ruler’s engaging personality

A

Charismatic Legitimacy

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10
Q

The ability of a government to rule without any internal or external influence

A

Sovereignty

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11
Q

Measures life expectancy, birth and death rates, education, quality of life

A

HDI (Human Development Index)

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12
Q

The total value of goods and services produced in a country

A

GDP

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13
Q

The total value of goods and services divided by the population

A

GDP Per Capita

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14
Q

Measures income equality

A

Gini Index

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15
Q

These countries have high GDP per capita and HDI rankings; service based economies

A

Developed Countries

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16
Q

These countries are emerging economies; based on production

A

Developing Countries

17
Q

These countries have low GDP per capita and HDI rankings; agricultural

A

Underdeveloped Countries

18
Q

These countries are the poorest of the poor

A

Least Developed

19
Q

The relationship between government policies and the economy

A

Political Economy

20
Q

The move to a free market from by reducing tariffs, trade barriers, and government control over the economy

A

Economic Liberalization

21
Q

This economic system sets wages, production, and market prices based on supply and demand with less government interference

A

Market Economies

22
Q

The government makes decisions regarding wages, prices, and production, and private property is limited

A

Command Economy

23
Q

A system of government based on the writings of Karl Marx in which the stated goal is economic equality

A

Communism

24
Q

The government provides support to citizens, such as unemployment benefits and health care

A

Welfare State

25
Q

States that derive a significant portion of their revenues from rent (such as renting land to oil companies)

A

Rentier States