Unit 4 Vocabulary

Individualism

one person for themself, responsible for what happens, can do what they want

Enlightened Individualism

gives up some individualism for all

Self-centered

one person above all

Equality of Opportunity

each person has the same chance to succeed

Free Enterprise

system based on markets, freedom to sell/buy

Rule of Law

everyone has equality before the law

Political Socialization

process of people to obtaining their political beliefs

Generational Effect

voting patterns for entire generations. created from large events such as the great depression

Political Ideology

consistent set of beliefs about govt purpose and scopeo

Opinion Poll

measures public support on a single issue

Benchmark Poll

determines where a candidate stands

• helps identify the area of focus

Tracking Polls

single question asked over time. example: what do you think of the economy

Party Platform

what a party runs on, the goals, ideals of a party

Fiscal Policy

govt tax and spending policy that influences the economy

Monetary Policy

action taken to influence interest rates

Liberal Ideology

• more economic regulations

• higher taxes on those w/ money

  • increased spending on entitlement programs

Conservative Ideology

• less regulation

• lower taxes

• reduced spending