Unit 4: Ideologies Flashcards

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1
Q

Individualism

A

relying on one’s own knowledge, beliefs, morals, and experiences

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2
Q

Equality of Opportunity

A

everyone having the same ability to take opportunities

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3
Q

Free Enterprise

A

an economic system that is largely unregulated by the government

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4
Q

Political Socialization

A

the process of external factors influencing and shaping a person’s political views

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5
Q

Political Ideology

A

a person’s individual political beliefs

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6
Q

Liberal

A

place more value on issues to deal with social wellness and equitability

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7
Q

Conservative

A

place more value on economic and military issues

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8
Q

Democrat

A

a political party that leans more liberal

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9
Q

Republican

A

a political party that leans more conservative

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10
Q

Keynesian Economics

A

the belief that changes in any input(i.e. supply, demand, cost of materials) affect output

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11
Q

Supply Side Economics

A

the supply of goods and services are what lead to economic growth

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12
Q

Monetary Policy

A

policy followed by the national bank

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13
Q

Fiscal Policy

A

government spending and taxation to influence the economy

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14
Q

Generational Effect

A

formative events that happen during a person’s lifetime influences their ideology

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15
Q

Life Cycle Effect

A

the way a person’s ideology can change over the course of their life

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16
Q

Opinion Poll

A

represents the opinion of a population

17
Q

Tracking Poll

A

a series of polls collected daily

18
Q

Exit Poll

A

a poll asking people how they voted who are leaving a polling place