Chapter 4 Vocab Flashcards
(16 cards)
Social Capital
democratic and civic habits of discussion, compromise, and respect for differences, which grow out of participation in voluntary organizations
Political Culture
the widely shared beliefs, values, and norms concerning the relationship of citizens to government and to one another
Natural Rights
the rights of all people to dignity and worth; also called human rights
Democratic Consensus
widespread agreement on fundamental principles of democratic governance and the values that undergird them
Majority Rule
Governance according to the expressed preferences of the majority
Popular Sovereignty
A belief that ultimate power resides in the people
American Dream
the widespread belief that the United States is a land of opportunity of opportunity and that individual initiative and hard work can bring economic success.
Capitalism
an economic system characterized by private property, competitive markets, economic incentives, and limited government involvement in the production and pricing of goods and services
Monopoly
domination of an industry by a single company by fixing prices and discouraging competition; also the company that dominates the industry by these means
Antitrust Legislation
federal laws that try to prevent a monopoly from dominating an industry and restraining trade
Political Ideology
a consistent pattern of beliefs about political values and the role of government
liberalism
a belief in the positive uses of government to bring about justice and equality of opportunity
conservatism
a belief that limited government ensures order, competitive markets, and personal opportunity
socialism
an economic and governmental system based on public ownership of the means of production and exchange
environmentalism
an ideology that is dominated by concern for the environment but also promotes grassroots democracy, social justice, equal opportunity, nonviolence, respect for diversity, and feminism
libertarianism
an ideology that cherishes individual liberty and insists on a sharply limited government, promoting a free market economy, a noninterventionist foreign policy, and an absence of regulation in the moral and social spheres