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SOCI1010 Chp 12 Poli
Introduction to Sociology: Chapter 12, Economics and Politics, De More
| Question | Answer |
|---|---|
| social institution | major sphere of social life organized to meet human needs (i.e: the family) |
| economy | social institution thta organizes a society 's production, distribution and consumption of goods and services |
| postindustrial economy | productive system based on service work and computer technology |
| primary sector | part of economy that draws raw materials from the natural environment |
| secondary sector | part of the economy thta transforms raw materials into manufactured goods |
| tertiary sector | part of the economy that involves services rather than goods |
| global economy | economic activity that crosses national borders |
| capitalism | economic system in which natural resources and the means of producing goods and services are privately owned |
| socialism | economic system in which natural resources and the means of producing goods and services are collectively owned |
| welfare capitalism | economic and political system that combines a mostly market -based economy with extensive social welfare programs |
| state capitalism | an economic and political system in which companies ar eprivately owned but cooperate closely with the government |
| profession | a prestigious white-collar occupation thta requires extensive formal education |
| corporation | an organization with a legal existence, including rights and liabilities, seperate from that of its members |
| monopoly | domination of a market by a single producer |
| oligopoly | domination of a market by a few producers |
| politics | social institution that distributes power, sets a societies goals and makes decisions |
| power | ability to achieve desired ends despite resistance from others |
| government | formal organization that directs the political life of a society |
| authority | power that people perceive as legitimate rather than coercive |
| routinization of charisma | transformation of charismatic authority into some combination of traditional and bueraucratic authority |
| monarchy | political system in which a single family rules from generation to generation (traditional authority) |
| democracy | political system that gives power to the people as a whole |
| authoritarianism | political system that denies peopl eparticipation in government |
| totalitarianism | highly centralized political system that extensively regulates peoples lives |
| pluralist model | analysis of politics that sees power as spread among many competing interest groups |
| power-elite model | analysis of politics that sees power as concentrated among the rich |
| marxist political-economy model | analysis of politics that explains politics in terms of the operation of the operation of a society's economic system |
| military industrial complex | close association of the federal government military and defense industries |
Created by:
MrsAFlaherty
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