Unit 1 test Flashcards
What happened to real estate it 2009 and why?
Mortgage rates rose while the houses lost value. This happened because finance companies aggressively sold subprime ARMs at low introductory rate to people unable to repay the loans when the rates reset. The US mortgage market collapses and huge financial losses were experienced worldwide
What is government?
The legitimate use of force to control human behavior. Also, the organization or agency authorized to exercise that force
What is national sovereignty?
A political entity’s externally recognized right to exercise final authority over its affairs
What is the purpose of the League of nation/United nations? How did the approach sovereignty?
Introduce supranational order to the world. The explicitly respected national sovereignty as the guiding principle of international relations
How does globalization effect international relations?
It threatens national sovereignty and creates pressure for international law
What is globalization?
The increasing interdependence of citizens and nations across the world
What factors do scholars use to measure globalization across different nations?
various indicators of personal contact across national borders, international financial transactions, and use of international communication through technology. this ended up being divided in 4 categories
- economic integration
- Personal contact
- Technological connectivity
- Political engagement
What 4 characteristics do all governments share? What is legitimacy?
A legitimate government is a government where citizens accept control by the government. They all share
- citizenship
- territory
- public policy
- Sovereignty
What 2 characteristics do all laws have? What is public policy?
- They are created to solve a problem
- They are enforcable
Public policy is a national goal created by a leader
What is the force theory of government?
The strongest person rules society
What is the divine right theory?
God has given someone the right to rule
What is the social contract theory?
A contract is made between gov and its people
What are the 3 natural rights?
Right to live in pursuit of happiness, liberty and own property
According to Hobbes and Locke, what is the duty of government?
Hobbes: Government should keep law and order
Locke: Government should be formed to protect life, liberty and the pursuit of happiness
What major value do Hobbes and Locke emphasize?
Hobbes: Complete obedience to ruler is a small price to pay for living in a civil society
Locke: Life, liberty and pursuit of happiness are unalienable rights
How do Hobbes and Locke feel about an oppressive government?
Hobbes: An oppressive gov. is better than no gov.
Locke: No gov. is better than an oppressive gov.
When does Locke believe people should rebel against the government?
People’s unalienable right are being impeded on
What 4 functions do all government perform? What are some examples and their controversies?
- Public Safety(military protection) freedom vs safety
- Social Order(dress codes) order infringing on freedom
- Social Standards(drinking age) what is acceptable and not acceptable?
- Public services(public transportation) What should federal provide and what should states provide
What is general welfare?
Taking from the rich and giving to the poor
What is socialism? How much control over the economy does a socialist government have?
A form of rule in which the central government plays a strong role in regulating existing private industry and directing the economy, although it does allow some ownership and private capacity
What is capitalism? How much control over the government does a capitalist society have?
The system of government that favors free enterprise(private business operating without government regulation)
What is laissez-faire and how much control does a laissez-faire government have over the economy?
An economic doctrine that opposes any form of government intervention in business
What is communism? How much control does a communist government have over its economy?
A political system in which, in theory, ownership of all land and productive facilities are in the hands of the people and all goods are equally shared. The production and distribution of goods are controlled by an authoritarian government, so it has total control over the economy
What are the subtypes of order?
Social Order: Established patterns of authority and traditional modes of behavior
Order: Preserving life and protecting property
What are the subtypes of freedom?
Freedom of: An absence of constraints on behavior
Freedom from: Immunity from
What are the subtypes of equality?
Political equality: Equality in political decision making. One vote per person, all votes counted equally
Social equality: Equality in wealth, education and status
Equality of opportunity: The idea that each person is guaranteed the same chance to succeed in life
Equality of outcome: The concept that society mist ensure that people are equal, and governments must design policies to redistribute wealth and status so that economic and social equality is achieved
How can freedom clash with order in laws and government policies? What are some examples?
Freedom and order clash because order is kept by the government using legitimate force to control human behavior. An example is whether to allow people to watch controversial videos on the internet
What values do libertarians prioritize? What type of government action do they oppose?
Libertarians prioritize freedom all around. They oppose government actions that interfere with the market and government actions that restrict individual liberties
What values do liberals prioritize? What type of government action do they oppose?
They prioritize freedom and equality. They oppose government actions that restrict individual liberties
What values do communitarians prioritize? What government actions do they oppose?
Communitarians prioritize Order and Equality. They dont oppose government actions