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Equality of Outcome
everybody ends the same way
Equality of Opportunity
everybody starts the same
Free enterprise
A capitalistic economy in which competition is allowed to flourish with a minimum of government interference
Rule of law
No one is above the law
Both regular citizens and political leaders are subject to the same laws
Equal treatment for everyone
Limited government
The gov only holds the powers that the people grant them
Social contract restricts power
Political Attitude
The opinions and values individuals hold about political issues, events, and personalities
Political socialization
The process by which someone forms their political attitudes and beliefs
Opinion polls
Measuring the opinion of respondents on various issues, perhaps over the approval of a person or event
Benchmark polls
Conducted at the beginning of a campaign in order to determine the baseline of voters perception of a person
Tracking polls
shorter/smaller poll conducted at key times throughout a period of time to track how an audience feels about something over time
Entrance and exit polls
Polls taken immediately as someone exits or enters a polling station (cast a vote)
push polls
Polls that push the respondent towards a certain answer with leading questions
Sampling technique
The process by which pollsters select respondents to a survey or the sample population for a poll
Random sample
A random selection from a population, random sampling techniques ensures an equal probability of individuals being selected for a survey or poll
Representative sample
A relatively small number of respondents who accurately reflect the variety of opinions, demographics, etc in the broader population
Reliable poll
Random, large pop, no leading questions
Mass survey
Interviewing a large sample of the population
Common
focus group
Small, demographically diverse group of people assembled for an in depth group discussion
margin of error
The size of error you might have in your poll
Anything with a larger percent than 4 is not trustable
coalition
A combination of groups of people who work together to achieve a political goal
Libertarian party
Little to no gov regulation except to protect private property and individual liberty
Green party
Focus on environmental protections and the global warming crisis
Nonviolence social justice
supply side economics
Utilizing reduced tax rates and decreasing regulation in industry to increase the ability of businesses to increase supply (free trade)
Goal : trickle down method (starts in the corporations and works its way down)
REP
Dependent on the rich increasing jobs and wages
Keynesian
Promoting gov spending on infrastructure, unemployment, and education
Goal: putting money in the hands of the people to increase consumer demand and the the flow of money
DEM
Monetary policies
Actions of central banks to achieve macroeconomic policy objectives such as price stability, full employment, and stable economic growth
Under control of the Fed(eral reserve)
Fiscal policy
Governments decisions about taxation and spending
The Federal Reserve
"The Fed"
Monitors financial risks and engages citizens at home and countries abroad to ensure a healthy economy
Buying and selling bonds
Setting the reserve requirement
Fights inflation and deflation
Inflation
A general increase in prices and a fall in the purchasing power of money
Gross pay
income before taxes
Net pay
income after taxes
Qualities of a reliable poll
Random Sample
Large Population Size
Neutral and Unbiased
ID of respondents for polls
A poll needs to identify the subject or respondent population and specify the criteria for subject or respondent selection.
sampling error
The results from a sample won't exactly represent a population
Liberal Ideals
-more govt. regulation of trade
-less govt. in greater areas of private life
-more involvement in healthcare
Conservative Ideals
-less govt. regulation of trade
-religion/education=untouched
-more regulation with private matters —> abortion
-less govt. involvement with socioeconomic equality