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SOC 205 Economy and Politics - Flashcards
Flashcard Deck Information
| Class: | SOC 205 - Social Problems |
| Subject: | Sociology |
| University: | Tri-County Technical College |
| Term: | Spring 2011 |
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Politics
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The social institution that guides a society's decision making about how to live.
(Social Problems, John J. Macionis, 4th edition) |
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Economy
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The social institution that organizes the production, distribution, and consumption of goods and services.
(Social Problems, John J. Macionis, 4th edition) |
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Capitalism
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An economic system in which natural resources and the means of producing goods and services are privately owned.
(Social Problems, John J. Macionis, 4th edition) |
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Government
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A formal organization that directs the political life of a society.
(Social Problems, John J. Macionis, 4th edition) |
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Socialism
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An economic system in which natural resources and the means of producing goods and services are collectively owned.
(Social Problems, John J. Macionis, 4th edition) |
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Mixed Systems
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No nation in the world has an economy that is completely capitalist or completely socialist. (A mix of capitalism and socialism)
(Social Problems, John J. Macionis, 4th edition) |
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Political Ecomony
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The economic and political life of a nation or world region.
(Social Problems, John J. Macionis, 4th edition) |
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Democracy
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A political system in which power is exercised by the people as a whole.
(Social Problems, John J. Macionis, 4th edition)
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Authoritarianism
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A political system that denies popular participation in government.
(Social Problems, John J. Macionis, 4th edition) |
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Monarchy
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A political system in which a single family rules from generation to generation.
(Social Problems, John J. Macionis, 4th edition) |
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Corporations
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Businesses with a legal existence, including rights and liabilities, separate from that of their members.
(Social Problems, John J. Macionis, 4th edition)
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Monopoly
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The domination of an entire market by a single company.
(Social Problems, John J. Macionis, 4th edition) |
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Oligopoly
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The domination of a market by a few companies.
(Social Problems, John J. Macionis, 4th edition) |
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Conglomerate
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A giant corporation composed of many smaller corporations.
Example: Pepsi Co, also ownes Taco Bell, KFC, and Pizza Hut..ect.
(Social Problems, John J. Macionis, 4th edition)
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Interlocking Directorates
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Social networks made up of people who serve as directors of several corporations at the same time.
(Social Problems, John J. Macionis, 4th edition) |
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Special-Interest Groups
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Political alliances of people interested in some economic or social issue.
(Social Problems, John J. Macionis, 4th edition) |
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Lobbying
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The efforts of special-interest groups and their representatives to influence government officials.
(Social Problems, John J. Macionis, 4th edition) |
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Political Action Committees (PACs)
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Organizations formed by special-interest groups to raise and spend money in support of political goals.
FYI: There are currently about 5,200 PACs in the United States
(Social Problems, John J. Macionis, 4th edition) |
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Gender Gap
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The tendency for women and men to hold different opinions about certain issues and to support different candidates. (Political)
(Social Problems, John J. Macionis, 4th edition) |
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Pluralist Model
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An analysis of the political system that sees power widely distributed among various groups and organizations in a society.
(Social Problems, John J. Macionis, 4th edition) |
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Military-Industrial Complex
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The close association of the federal government, the military, and the defense industries.
(Social Problems, John J. Macionis, 4th edition) |
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Power-Elite Model
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An analysis of the political system that sees power as concentrated among a small elite.
(Social Problems, John J. Macionis, 4th edition) |
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Marxist Political-Economic Model
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An analysis that sees the concentration of wealth and power in society as resulting from capitalism.
(A radical approach with focus on the institutional system)
(Social Problems, John J. Macionis, 4th edition) |
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Welfare State
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A range of policies and programs that transfer wealth from the rich to the poor and provide benefits to needy members of society.
(Social Problems, John J. Macionis, 4th edition) |
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