Political Power and Economic Systems

These flashcards cover key terms and concepts related to political power and economic systems discussed in the lecture.

corporate elite

A small group of individuals who hold power and influence in corporate settings, often impacting government policy.

lobbyists

Individuals or groups hired by corporations to influence government leaders and policy decisions.

traditional authority

Power conferred by custom and accepted practice; often associated with monarchy and tribal leadership.

rational-legal authority

Power legitimized by law and legitimate rules, such as those found in a constitution.

charismatic authority

Power made legitimate by the exceptional personal qualities of a leader, inspiring loyalty and devotion.

oligarchy

A form of government in which a small group of individuals holds power.

dictatorship

A government ruled by a single person with nearly total power, often maintained through coercion.

totalitarianism

A political system where the government has complete control over all aspects of life.

democracy

A form of government in which the power lies with the people, usually through elected representatives.

terrorism

The use or threat of violence against random or symbolic targets to pursue political aims.

economic inequality

The unequal distribution of income and wealth among individuals or groups within a society.

power

The ability to exercise one's will over others.

influence

The capacity to affect the character, development, or behavior of someone or something.

government

The institution or group of people that hold power and make decisions for a society.

political system

An organized set of principles and procedures for making decisions and governing a society.

social class structure

A hierarchy of social groups based on economic status or wealth.

elected officials

Individuals who have been chosen by the electorate to hold government positions.

lobbying

The act of attempting to influence government officials on behalf of a group or individual.

non-governmental organizations (NGOs)

Organizations not affiliated with government that often work for social causes and humanitarian efforts.

globalization

The process of increased interconnectedness and interdependence among countries, particularly in economic terms.

economic policy

Strategies implemented by a government to influence its economy.

public opinion

The aggregate of individual attitudes or beliefs held by the adult population.

military conflict

Engagement between nation-states or groups involving armed forces and combat.

international relations

The relationships between nations and how they interact with one another politically, economically, and socially.

surveillance

Close observation, especially of a suspected spy or criminal.

media influence

The ability of media outlets to shape public perception and opinion.