Exam 13: Politics and the Economy in Global Perspective

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Define monarchy; explain the different forms a monarchy may take.

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Monarchy is a political system in which power resides in one person or family and is passed from generation to generation through lines of inheritance. Monarchies are most common in agrarian societies and are associated with traditional authority patterns. Absolute monarchs claim a hereditary right to rule (based on membership in a noble family) or a divine right to rule (a God-given right to rule that legitimizes the exercise of power). In limited monarchies, rulers depend on powerful members of the nobility to retain their thrones. In constitutional monarchies, the royalty serve as symbolic rulers or heads of state and actual authority is held by elected officials in national parliaments (such as the United Kingdom); members of royal families primarily perform ceremonial functions.​

__________ result when military officers seize power from the government, as has happened in recent decades in Argentina, Chile, and Haiti.

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__________ are organizations of special interest groups that solicit contributions from donors and fund campaigns to help elect (or defeat) candidates who share their stances on specific issues.

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Discuss the importance of the "permanent government" or "faceless bureaucracy" in American government; include the concept of the Iron Triangle.

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A postindustrial economy is based on __________ production, which is the provision of services rather than goods as a primary source of livelihood for workers and profit for owners and corporate shareholders.

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Corporations with control both within and across industries are formed by a series of mergers and acquisitions across industries. These corporations are referred to as __________; they combine businesses in different commercial areas, all of which are owned by one holding company.

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The __________ make(s) up the top level of C. Wright Mill's pyramidal model of the power elite.

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The U.S. political system is made up of both formal and informal components.

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Explain the relationship between politics and government.

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British kings and queens historically traced their authority from God. Weber called this __________.

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A __________ is an organization whose purpose is to gain and hold legitimate control of government; it is usually composed of people with similar attitudes, interests, and socioeconomic status.

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Distinguish between power and authority.

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Although the U.S. Constitution grants __________ authority to the office of the presidency, a president who fails to uphold the public trust may be removed from office.

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The central ingredient in the U.S. governmental bureaucracy is __________.

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Discuss the field of political sociology. What type of organizations and issues are the subjects of research in this field?​

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The U.S. government employs about __________ people, excluding the U.S. Postal Service.

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Discuss Weber's types of authority in relation to each other. Note differences in the degree of stability each has, and the tendency of one to be converted into another.

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Charismatic authority is more stable than traditional or rational-legal authority.

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A majority of U.S. jobs are in tertiary sector employment.

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__________ is the world's largest corporation.

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