AP COMP GOV [part 3]
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25 terms
Terms | Definitions |
|---|---|
 law-based state/rule of law | a state of order in which events conform to the law |
| legitimacy | political authority conferred by law or by a state or national constitution |
| liberalism/liberalization | an economic theory advocating free competition and self-regulating market |
| market economy | an economy that relies chiefly on market forces to allocate goods and resources, and determine prices |
| monetarism | an economic theory-unemployment and the rate of inflation are caused by changes in money supply |
| nation | a community of people that share territory and a government |
| nationalization | involves the identification of an ethnic identity with a state |
| neo-liberalism | a strategy for economic development that calls for free markets, balanced budgets, privatization, free trade, and minimal government intervention in the economy |
| non-governmental organizations | international organizations that operate outside of the formal political arena |
| nomenklatura | the system of patronage in communist countries |
| marxism-leninism | an expanded form of marxism that emphasizes lenin's concept of imperialism. |
| mixed-market economy | economic system that combines both private ownership and government ownership |
| para-statal sector | state-controlled coporations created to undertake a broad range of activities such as marketing, banking, and transportation |
| parliamentary democracy | government ruled democratically by a national representative body that has supreme legislative powers |
| party of power | patronage parties with strong official sponsorship |
| patrimonial state | single ruler treats state as his own personal property, and appoints public offices to his own favor |
| prebendalism | the form of patron-client politics that legitimizes the exploitation of government power for the benefit of office holders and their followers |
| presidencialismo | tradition concentration of power of the mexican president |
| presidential system | sytem of government in which the legislative and executive branches operate independently from each other |
| privatization | process of putting ownership of productive resources into the hands of non governmental organizations and people |
| procedural democracy | decision making process; univeral participation; politcal equality, majority rule, and responsiveness |
| proportional representation | representation of all parties in proportion to their popular vote |
| purchasing power parity | a monetary measurement of development that takes into account what money buys in different countries |
| redistributive politics | shift wealth from rich to poor |
| regime | organization that governs authority of a political unit |
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