Chapter 11 Economics and Politics Study Questions

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Chapter 11
Economics and Politics

Study Questions

  1. Why focus on Iraq in conjunction with the topics of economics and politics?

  1. Define economic system. Name three revolutions that have shaped economic systems.

  1. Why are the domestication of plants and animals and the invention of the scratch plow considered revolutionary?

  1. Name one of the most fundamental features of the Industrial Revolution. Why is this feature fundamental?

  1. What do we mean when we say that the Industrial Revolution cannot be separated from European colonization? Use oil as an example.

  1. What is a Postindustrial society? What revolutionary innovations are driving it?

  1. What characteristics distinguish a capitalist economic system from a socialist one?

  1. From a world system perspective, how has capitalism come to dominate the global network of economic relationships?

  1. What is a welfare state?

  1. Distinguish among core, peripheral, and semiperipheral economies.

  1. Explain why Iraq would be considered a peripheral economy.

  1. What contributions do the primary, secondary, and tertiary sectors of the U.S. economy make to the GDP? Which sector contributes the largest share? Explain.

  1. What do we mean when we say that the United States is an oil- and mineral-dependent economy?

  1. Describe the notable characteristics that distinguish the U.S. economy.

  1. Define political system.

  1. What is authority? How many types of authority did Weber identify? Give examples of each kind of authority.

  1. What are the essential characteristics of a democracy?

  1. How do we distinguish between totalitarian and authoritarian governments?

  1. What is a theocracy?

  1. What is the power elite? Who comprises the power elite in the United States?

  1. Does C. Wright Mills believe that there are any significant constraints on the decision-making powers of the power-elite? Why or why not?

  1. Explain the pluralist model of power.

  1. What are PACs and 527 groups? Give examples.

  1. Define empire, imperialistic power, hegemony, and militaristic power.

  1. What are some examples of U.S. power and influence in the world?

  1. What are insurgents?

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