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35 Cards in this Set
- Front
- Back
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Capitalism
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Means of production are privately owned
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Socialism
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Means of production is owned by the state
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Free-market competition
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Government not interfering in business
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Private ownership
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The right to sell, expand, or do nothing with property.
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Pursuit of profit
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Entrepreneurs make money, consumer saves money, and the economy functions well.
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Conglomerate
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Giant corporations conducting business in several markets.
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Multinationals
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Companies that conduct business in several countries but have 1 headquarter
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Functionalism on economic order
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See economy helping society by producing better goods
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Conflict theory on economic order
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Economy produces class conflict; economic gap
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Symbolic interaction
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Individuals create careers through acquiring knowledge
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Symbolic analysts
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Workers who manipulate meanings of consumer products
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Deindustrialization
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Service jobs outnumber manufacturing job as manufacturing jobs have been outsourced
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Authority
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Weber, person wielding power with the right to do so.
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Traditional Authority
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Authority legitimized by traditional beliefs
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Legal-rational authority
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Rules and laws that defines rights and duties of the people and even the government.
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Charismatic Authority
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Power legitimized by personal attributes, wisdom, grace, or a magnetic personality.
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Authoritarian state
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1.People are excluded from government process
2.Little opposition is tolerated 3.Little interest is had in lives of the people |
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Totalitarian state
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1.Unlimited power
2.No toleration for opposition 3.Close control over citizens |
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Political party
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Organization meant to influence the government
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Power-elite model
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Those of high-status and the like interact with one another.
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Pluralist model
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Power is diffused throughout society
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Nuclear family
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Family unit:husband,wife,children.
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Blend or reconstituted family
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Spouses or children from former marriages.
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Extended family
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2 or more generation of kin
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Kinship
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Network of people connected by marriage,blood, or adoption.
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Marriage
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A social approval of multiple persons. At least 2.
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Endogamy
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Marriage of same race, religion, or class
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Exogamy
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Marriage of different race, religion, or class
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Propinquity
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Physically close to partner. (girl next door)
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Monogamy
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Marriage of 1 male and 1 female
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Polygamy (3)
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1.Polygyny, marriage of 1 male and 2+ wives
2.Polyandry, marriage of 1 female and 2+husbands 3.Group marriage,multiple males and multiple females married |
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Serial monogamy
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having more than 1 spouse, though not at once.
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Divorce
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Dissolution of legal ties, and the social ties as well.
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Functionalist perspective of Marriage
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1.Economic, assets handed down
2. Support, helping out when ill or coming up in the world |
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Economy
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Institution determining what and how something is produced and who will receive it.
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