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Definitions of key terms related to politics, economy, and social systems. It covers concepts such as capitalism, socialism, democracy, authoritarianism, corporations, monopolies, oligopolies, and more. Students of social sciences, particularly politics and economics, will find this document useful for understanding the fundamental concepts of these disciplines.
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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) TERM 2
DEFINITION 2 The social institution that organizes the production, distribution, and consumption of goods and services. (Social Problems, John J. Macionis, 4th edition) TERM 3
DEFINITION 3 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) TERM 4
DEFINITION 4 A formal organization that directs the political life of a society. (Social Problems, John J. Macionis, 4th edition) TERM 5
DEFINITION 5 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)
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) TERM 7
DEFINITION 7 The economic and political life of a nation or world region. (Social Problems, John J. Macionis, 4th edition) TERM 8
DEFINITION 8 A political system in which power is exercised by the people as a whole. (Social Problems, John J. Macionis, 4th edition) TERM 9
DEFINITION 9 A political system that denies popular participation in government. (Social Problems, John J. Macionis, 4th edition) TERM 10
DEFINITION 10 A political system in which a single family rules from generation to generation. (Social Problems, John J. Macionis, 4th edition)
Political alliances of people interested in some economic or social issue. (Social Problems, John J. Macionis, 4th edition) TERM 17
DEFINITION 17 The efforts of special-interest groups and their representatives to influence government officials. (Social Problems, John J. Macionis, 4th edition) TERM 18
DEFINITION 18 Organizations formed by special-interest groups to raise and spend money in support of political goals. FYI: There are currentlyabout 5,200 PACs in the United States (Social Problems, John J. Macionis, 4th edition) TERM 19
DEFINITION 19 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) TERM 20
DEFINITION 20 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)
The close association of the federal government, the military, and the defense industries. (Social Problems, John J. Macionis, 4th edition) TERM 22
DEFINITION 22 An analysis of the political system that sees power as concentrated among a small elite. (Social Problems, John J. Macionis, 4th edition) TERM 23
DEFINITION 23 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) TERM 24
DEFINITION 24 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)