INBS 346--Chapter 8, Ball et al

INBS 346--Chapter 8, Ball et al - Reference Chapter Eight...

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Reference: Chapter Eight Political Forces Political Forces
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2 Political Systems Political Systems o Political system - a set of formal institutions that constitute a government. It also defines how these institutions interact with one another. e Principal functions: 1. To establish stability based on laws, 2. To provide protection from external threats, and 3. To govern the allocation of valued resources. e Three major types of political systems: e Totalitarianism, e socialism, e democracy.
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3 Totalitarianism Totalitarianism o Government controls all economic and political matters. e Two major types of totalitarian states: e theocratic (religion-based) or e secular (non-religion-based). e Totalitarian states do not tolerate criticism by individuals or groups such as churches, labor unions, or political parties. e Transition--most of the world’s totalitarian states have either disappeared or shifted their political and economic systems toward democracy and capitalism. e Examples: China initiated major reforms in the 1980s, and the Soviet Union collapsed in 1991.
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4 Socialism Socialism o Capital and wealth should be vested in the state and used primarily as a means of production for use rather than for profit. e Based on a collectivist ideology where group welfare outweighs individual welfare. e Socialists argue that capitalists receive a disproportionate amount of society's wealth relative to workers. Government should control the basic means of production, distribution, and commercial activity.
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5 Two Key Features of Democracy Two Key Features of Democracy o Private property rights : The ability to own property and assets and to increase one’s asset base by accumulating private wealth. e
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INBS 346--Chapter 8, Ball et al - Reference Chapter Eight...

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