Exam 10: Economy and Politics

The 2002 Bipartisan Campaign Reform Act, also called the McCain-Feingold bill,

In the United States, about what percentage of the gross domestic product comes from the privately owned sector of the economy?

Which type of political system, by definition, denies popular participation in government?

Which political model sees a concentration of wealth and power in U.S. society resulting from the operation of the capitalist economy?

Which term refers to networks of people who serve as directors of several corporations at the same time?

Explain how the pluralist model, the power-elite model, and the Marxist political-economy model each provide a distinctive view of power in the United States. Provide one criticism of each model. Which model comes closest to your own view? Why?

In the United States, people most likely to vote include

Define corporations, monopolies, conglomerates, and special-interest groups. Give an example of each. Explain how, from a political point of view, each can cause a specific social problem.

Which type of economic system has government working closely with large, privately owned companies?

The domination of an entire market by a single company is referred to as

In the 2012 presidential election, the Obama-Biden and Romney-Ryan campaigns each spent how much money in their efforts to win the election?

Conservatives claim that relatively low voter turnout is mostly a sign of

What is the social institution that guides a society's collective decision-making process?

In the United States, the manufacture of breakfast cereal is dominated by Kellogg's, General Mills, and General Foods, which together control most sales. This pattern is an illustration of

Which type of economic system places natural resources and the means of producing goods and services under collective ownership?

Define economy and politics. Explain how the two social institutions are interrelated.

Liberals and radicals on the left argue that low voter turnout reflects

Which concept refers to the efforts of special-interest groups and their representatives to influence government officials?

According to which political position does the capitalist economy concentrate wealth in the hands of the few and the government serve the interests of the capitalist elite?

The Nineteenth Amendment to the U.S. Constitution extended the vote to