Vocabulary needed to know for Unit 4 of the AP Government curriculum.
Political Culture
the shared beliefs, values, and norms that shape how citizens understand and participate in politics within a society
Individualism
places emphasis on self-reliance and independence
Free Enterprise (Laissez-Faire)
as little government intervention in economy as possible
Rule of law
belief that every citizen is equal under the law and that no one has special privileges
Political Socialization
the process by which we form our political opinions
Political Ideology
an interlocking set of ideas that form the basis for political decision making
Political Spectrum
political ideologies fall on a spectrum between how liberal or how conservative it is
Limited Government
the governmentās limits are well-defined and it is restrained through checks + balances and separation of powers
Equality of Opportunity
belief that every American, regardless of their race, ethnicity, sex, religion, etc., deserves equal footing to go after life, liberty, and the pursuit of happiness
Public Opinion
the collective views of individuals on issues of importance to the community, influencing government actions and policies
Scientific Poll
asking people what they believe with scientific rigor to measure public opinion
Sampling Error
a sample that does not exactly represent the general population
Focus Group
measure opinion of a small group of people, qualitative data (not a scientific poll)
Entrance Survey
conducted at voting sites before people vote, asking how theyāre going to vote
Exit Poll
conducted at voting sites after people vote, asking how they voted
Opinion Polls
help get a feel for the publicās opinion on a certain topic or discerning peopleās feelings on certain candidates or policies
Tracking Polls
taken over time, typically of the same group of people, giving info on how those people feel about a given issue
Veracity of Data
the accuracy and truthfulness of information used in decision-making processes, essential for reliable analysis and policymaking in government
Conservatism
emphasizes traditional social structures and existing structures of authority
limited government in public affairs
strong stances on crime and punishment
statesā rights > federal power
Liberalism
emphasizes civil rights for the marginalized and supports the efforts of social justice movements to ensure everyone has equal access to civil liberties
emphasizes government involvement in public affairs
caring for the poor
regulations on businesses
intervention in the economy
Libertarianism
want the least amount of government intervention as possible, including social issues
the only thing the government is good for is protecting private property and upholding individual liberty
no regulation on businesses and minimal government programs
economic issues - more conservative
social issues - more liberal
Mixed Economy
economic system combining elements of capitalism and socialism, with both private and state ownership of resources
Globalization
the increasing interconnectedness of the world by means of economic partnerships - we are influenced by factors well beyond our borders
Gross Domestic Product (GDP)
measures a country's economic performance by calculating the total value of goods and services produced within its borders in a specific period
Consumer Price Index (CPI)
measures changes in the prices of goods and services over time, helps assess inflation's impact on consumers' purchasing power
Keynesian Economic Policies
advocate for government intervention to stabilize the economy through fiscal policy, focusing on increasing demand to boost economic growth - supports government spending
Supply-Side Economic Polices
focus on cutting taxes and regulations to stimulate economic growth by boosting the supply of goods and services - supports businesses
Fiscal Policy
decisions the government makes about government spending and taxation
Monetary Policy
decisions the government makes about how much money should be in the economy
Federal Reserve Board
I. Buying and selling government bonds
II. Setting reserve requirements
III. Setting interest rates