AP Governemnt - Unit 4 Vocabulary

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30 Terms

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a set of shared view an normative judgments held by a population regarding the political system

Political Culture

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the habit or principle of being independent and self - reliant

Individualism

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a system in which the government does not regulate and interfere with businesses

Free Enterprise (Laissez Faire)

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the idea that everyone is equal under the law ans no one has special privileges

Rule of Law

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the process by which individuals develop their political values, idea, and views

Political Socialization

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a set of beliefs about the proper order of society and how it can be achieved

Political Ideology

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a model for classifying political parties or ideologies along axes that compare them

Political Spectrum

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the idea that the government is limited in a system of checks and balances

Limited Government

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ensures that all individuals have the same access and chance of receiving certain resources as everyone else without discrimination based on age, race, religion, or sex

Equality of Opportunity

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how people think or feel about particular issues typically regarding a candidate or political issues

Public Opinion

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a method of measuring public opinion through structured survey that use statistical techniques

Scientific Poll

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occurs when an analyst does not select a sample that represents the entire population of data

Sampling Error

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a form of qualitative research in which a group of people are asked about their attitude or feelings towards a product, service, concept or idea

Focus Group

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a poll taken before voters cast their vote at polling stations used to measure the public opinion of voters

Entrance Survey

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a survey conducted immediately after voters cast their vote, they are designed to gauge the outcome of the election

Exit Poll

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interview or surveys with samples of citizens that are used to estimate the feeling or beliefs of the entire population

Opinion Polls

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a type of opinion poll that is conducted regularly to measure public opinion on various issues over time

Tracking Polls

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the accuracy and truthfulness of information collected through surveys, polls, and other means of collecting information

Veracity of Data

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a political ideology that emphasizes tradition, social stability, and maintaining established institutions

Conservatism

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a group of political, social, and economic values that are based on liberty, equality, and consent of the governed

Liberalism

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a political philosophy that emphasizes individual liberty, personal responsibility, and minimal government intervention (economically right & socially left)

Libertarianism

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an economy organized with some free-market elements and some socialistic elements

Mixed Economy

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the growing trade and interdependence and of the world’s economies, culture and populations

Globalization

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the total value of all goods and services produced in a country during a specific period of time

Gross Domestic Product (GDP)

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a measure of how much prices have changed over time for a group of common goods and services

Consumer Price Index (CPI)

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a set of economic theories in which there is active government intervention in the economy, to stabilize the economy

Keynesian Economic Policies

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an economic theory that says the best way to stimulate economic growth is by lower government regulation and taxes (basically Laissez - Faire economy)

Supply - Side Economic Policies

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the governments use of taxation and spending strategies to influence the economy

Fiscal Policy

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the actions take by a central bank (ie: Federal Reserve), to manage the money supply and interest rates within an economy

Monetary Policy

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the governing body of the Federal Reserve, the central bank of the U.S. responsible by overseeing the nations monetary policy.

Federal Reserve Board