Exam 11: Politics and the Economy

Thomas Jefferson observed that "A little rebellion now and then is a good thing....The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." Whereas the United States has never had an armed revolution,was Jefferson incorrect about his observation during that time period?

Traditional authority is based on what has been agreed to by reasonable people and written into law.

What is the difference between direct democracy and representative democracy?

Conspicuous consumption has replaced the Protestant ethic in most industrialized nations.

Why is it wise for politicians elected to Congress to cooperate with political action committees (PACs)?

Identify and describe the three types of authority and provide an example of each.

The present two-party system dominating political activity in the United States has been in existence since ________.

Trace the transformation of economic systems,and emphasize this transformation in the United States.

Another term used for pre-elections in which voters decide which candidates will represent their parties is ________.

A political gender gap is developing in presidential polls with women being likely to support the Democratic candidate and men supporting the Republican candidate.

What are the three branches of the federal government that serve as the checks and balances of power?

Which of the following BEST describes rational-legal authority?

Carl lives in a small New England town where he and other residents attend monthly town meetings. At these meetings,they publicly vote on issues concerning the town. These monthly town meetings are an example of ________ democracy.

What are some of the characteristics required for cities to develop?

Organizations that solicit contributions from many donors and then use the large total to influence legislation are referred to as ________.

In theory,socialists believe that profit is immoral and that capitalists create social inequality and exploit poorly paid workers.

How would Karl Marx define "profit"?

Because there are no rules regulating lobbyists,they tend to be former and current White House officials who "have the president's ear."

The present U.S. political system that is dominated by the Democrats and Republicans emerged by the time of the Civil War.

What are the three essential components of socialism?