Soc- Economy and Politics
Terms
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- Alienation of Labor
- marx's term for laborers loss of control over their work process
- authority
- leginitimate power intstitutionalized in organizations- when exists people grant others the right to power becuase they believe that those in power have the right to command and they themselves have a dut to obey. Essencial to government
- Capatilism
- economic system based on private ownership of property and competition in producing and selling goods and services
- Charisma
- exceptional person quality popularly attributed to cretain individuals ex- king
- coercion
- illigitimate use for force ot threat of force to compel obediance
- communism
- classless society that oporates on principle of "from each according to his abilitty t each occording to his needs"
- conglomerate
- corperation that owns companies in various unrelated industries
- dual economy
- economy that comprises a core or giant corperations dominating the market and a periphery of small firms competing for the remaining, smaller shares of businesses
- economic institution
- system for producing and distributing goods and services
- ideological conservatives
- US citizens who in theory are opposed to big governments becuase of their belief in free enterprise rugged individulaism and capatilism
- industrial revolution
- dramatic economic change brought about by the intro of machines into work process 200 yrs ago
- influence
- ability to control others behavior through persuasion rather then coercion or authority
- interest group
- organized collection of people who attempt to influence gov. policies
- mixed economy
- econ system that contains elements of both capatilism and socialism
- monopoly
- situation in which one firm controls the output of an industry
- multinational corperations
- corperations that have subsidaries in many countries
- oligopoly
- situation in which a very few companies control the output of an industry
- operational liberals
- US citizens who, in effect support big government by backing government programs that render services to the public
- political party
- grooup organzed for the purpose of gaining government offices
- political power
- capacity to use the government to make decisions that effect the whole society
- political socialization
- learning process by which individuals aquire political knowledge, beliefs, and attitudes
- politics
- type of human interaction that involves some people aquiring and exercising power over others
- potindustrial revolution
- change of an economy into one dominated by high technology
- power
- ability to control behavior of others even against their will
- revolution
- movement aimed at the violent overthrow of the existing government
- socialism
- economic system based on public ownership and government control of the economy
- terrorism
- use of violence to express dissatisfaaction with a governemnt