Chapter 13
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Created by:
KarEstrada on May 4, 2012
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10 terms
Terms | Definitions |
|---|---|
 Coercion | control through force |
| Conglomerates | networks of unrelated businesses operating under one corporate umbrella |
| Economic Institution | institution that determines how goods and services are produced and distributed |
| Elitism | system in which a community or society is controlled from the top by a few individuals or organizations |
| Interlocking Directorates | directorates that result when heads of corporations sit on one another's boards |
| Monopolies | companies that have control over the production or distribution of a product or service |
| Oligopolies | combinations of companies that control the production or distribution of a product or service |
| Political Institution | institution that determines how power is obtained and exercised |
| Political Socialization | informal and formal processes by which a person develops political opinions |
| Pluralism | system in which political decisions are made as a result of bargaining and compromise among special interest groups |
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