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Politics
the process by which we decide how resources will be allocated and which policies government will pursue
John Locke
An English philosopher who believed there are natural rights such as life, liberty, and property
Adam Smith
A Scottish philosopher who believed all people should be able to acquire property. His beliefs formed the basic ideas of industrial capitalism
Capitalism
equate democracy with capitalism, it relies on individualism
Socialism
all means of producing wealth are owned by government and not by private individuals
Public goods
goods are available to all without direct payment
Examples of Public goods
national security and public schooling
Toll goods
goods that are available to many people but is only used by those who can pay to do so
Examples of Toll goods
Private school
Direct democracy
a government where everyone has equal opportunity
Republic/representative democracy
we choose representatives to make decisions for us(majority rule)
Monarchy
one ruler, usually a hereditary one, who holds absolute power
Oligarchy
only few members of a party of the ruling elite can participate in government
Totalitarianism
where a government is all-powerful and citizens have no rights
Elite theory
wealthy, politically powerful people control government, there is no interest of ordinary people
C. Wright Mills
wrote The Powerful Elite, it argued that government is controlled by a combo of business, military, and political elites
Pluralist theory
Government policy is formed as a result of the competition between groups with different goals and interests. Pluralists argue power is distributed throughout society, a variety of groups hold power
Tradeoff
a compromise
Social Capital
connections with others and the willingness to interact with others and aid them
15th amendment
gave the vote to african men
19th amendment
gave women the right to vote and the voting rights act of 1965 made exercising the right to vote a reality for black men and women
26th amendment
lowered the voting age in national elections to 18
Partisanship
is the tendency to identify with and to support(often blindly) a particular political party
What makes you more likely to vote?
Higher income and education
Latent preferences
are not deeply held and do not remain the same over time. When people are asked a question they have little to no interest in
Intense preferences
are beliefs based on strong feelings regarding an issue that someone adheres to over time