A set of economic policy tools designed to regulate the amount of money in the economy...
Monetary Policy
What is political socialization?
the experiences and factors that shape an individuals political values attitudes and behaviors
a survey that measures public opinion about political issues, candidates, or policies
political poll
What is the conservativism?
ideology favoring more control of social behavior, fewer regulation of businesses and less government interference in the economy
What is GDP?
total value of goods and services produced in an economy
the dominant set of beliefs, customs, traditions, and values that define the relationship between citizens and government
Political culture
What is the difference between entrance and exit polls?
entrance poll - a poll conducted of people coming to an event
exit poll - survey conducted outside a polling place in which individuals are asked who or what they just voted for and why
ideology favoring less government control over social behavior and more greater regulation of businesses and of the economy
liberalism
What is the FED?
a board of governors and member banks responsible for monetary policy
What are the four corners of the political compass?
Liberal, conservative, authoritative, and authoritarian
What is sampling?
The method of selecting a subset of individuals from a large population to represent that population in a poll
What is libertarianism?
ideology favoring little government regulation and intervention beyond protecting private property and individual liberty
Keynesians
What are the 3 types of organizations?
What is the margin of error?
a statistical term that represents the amount of random sampling error in a poll's results, indicating the degree of uncertainty in the findings
What is the difference between partisanship and bipartisanship?
Bipartisan refers to cooperation, agreement, and compromise between two opposing political parties to achieve a common goal, often used in two-party systems like the U.S.
Partisan describes actions or attitudes adhering strictly to the interests of a single party, often without compromise, favoring one side over the other
an economic school of thought that emphasizes the role of supply in driving economic growth. The central idea is that lower barriers to production sich as reduced taxes and decreased regulation will lead to increased production job creation and overall economic expansion
Supply-side economics
What are the 5 main factors of political socialization?
Family, media, religion, education, and geography
Polls that are conducted repeatedly over time to track changes in public opinion and measure shifts in voter sentiment leading up to an election.
Individualism, free enterprise, equal opportunity, freedom of speech, etc