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The ability to exercise one's will over others, even if they are resistant |
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The actual or threatened use of coercion to impose one's will on others |
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The exercise of power through a process of persuasion |
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Institutionalized power that is recognized by the people over whom it is exercised. |
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Legitament power confeered by custom and accepted practice. |
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Authority based on formally agreed upon and accepted rules, principles, and procedures of conflict that are established in order to accomplish goals in the most efficeint manner possible. |
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Power made legitimate by a leader's exceptional personal or emotional appeal to his or her followers. |
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The social institution through which goods and services are produced, distributed, and consumed |
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An economic system based on private property, in which profit-seeking individuals, companies, and corporations compete in the marketplace. |
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The principle that people that should be able to compete freely, without goverment intervention, in the capitalist marketplace |
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Monopoly
(Note: NOT the board game) |
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Control of a market, by a single business firm |
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An economic system under which the means of production & distribution are collectively owed. |
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An economic system that combines elements of both capitalisim & socalisim. |
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Transfers of money, goods, or services that are not reported to the goverment. |
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The systematic, widespread investment of basic aspects of productivity, such as factories and plants. |
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Reductions in a company's workforce as part of deindustralization. |
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The transfer of work to foregin contractors. |
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In Harold Lasswell's words, "Who gets what, how, and when" |
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The social institution that is founded on a recognized set of procedures for implimenting and achieving society's goals. |
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A form of goverment headed by a single member of the royal family, usally a king, queen, or some other hereditary ruler. |
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A form of goverment in which a few individuals rule. |
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A goverment in which one has nearly total power to make and enforce laws. |
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Virtually complete goverment control and survillance over all aspects of a society's social and political life. |
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In a literal sense, goverment made by the people |
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A form of goverment in which certai individuals are selecteted to speak for certain people. |
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