Gov vocab

1. Individualism – The idea that people should be independent and make their own choices, rather than relying on the government or groups.

2. Free Enterprise – A system where businesses can compete freely with little government control.

3. Rule of Law – The idea that everyone, including the government, must follow the same laws.

4. Political Socialization – The way people learn about politics, usually from family, school, and media.

5. Political Ideology – A person’s set of beliefs about how the government should work.

6. Exit Poll – A survey given to voters right after they vote to predict election results.

7. Representative Sample – A small group that reflects the whole population, used in surveys.

8. Keynesian Theory – The idea that the government should spend more money during bad economic times to help the economy.

9. Supply-Side Theory – The belief that cutting taxes and regulations helps businesses grow, which benefits everyone.

10. Monetary Policy – How the central bank controls money and interest rates to keep the economy stable.

11. Fiscal Policy – How the government uses taxes and spending to influence the economy.

12. Liberal Ideology – The belief in a strong government role to help people, promote equality, and protect rights.

13. Conservative Ideology – The belief in less government control, lower taxes, and traditional values.

14. Generational Effect – How major events shape the political views of people from a certain age group.

15. Life Cycle Effect – How people’s political views change as they get older.

16. Tracking Polls – Polls that ask the same questions over time to see how opinions change.

17. Federal Reserve System – The U.S. central bank that manages money, interest rates, and financial stability.