____ a. individualistic capitalism____ b. political action committees____ c. oligopoly____ d. government____ e. nation-state____ f. democracy ____ g. monopoly____ h. downsizing____ i. communitarian capitalism____ j. authoritarianism____ k. terrorism____ l. traditional authority ____ m. power elite____ n. rational-legal authority____ o. bourgeoisie____ p. elitism____ q. interest group____ r. corporation Match the following concepts with the definitions listed below them. 1. the type of political system controlled by nonelectedrulers who generally permit some degree of individualfreedom2. members of a society who own productive property3. the type of political system in which elected officials areheld responsible for fulfilling the goals of the majority ofthe electorate4. the theory of power distribution that sees society in thecontrol of a few individuals and organizations5. a group organized to achieve some specific, shared goalsby influencing political decision making6. a situation in which a single company controls a market7. the political entity that holds authority over a specifiedterritory 8. organizations established by interest groups for the pur-pose of raising and distributing funds to selected political candidates 9. a unified coalition of top military, corporate, and govern-ment leaders 10. authority based on rules and procedures associated withpolitical offices11. the political structure that rules a nation12. legitimate power rooted in custom13. the type of capitalism that emphasizes the interests ofemployees, customers, and society14. the decision of top management to reduce its workforceto cut costs, increase profits, and enhance stock values 15. the type of capitalism founded on the principles of self-interest, the free market, profit maximization, and the highest return possible on stockholder investment 16. The use of violence or threats of violence against a gov-ernment, a group, or an individual in pursuit of a politi-cal, religious, economic, or social goal 17. a situation in which a combination of companies con-trols a market 18. an organization owned by shareholders who havelimited liability and limited control over organizationalaffairs

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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____ a. individualistic capitalism
____ b. political action committees
____ c. oligopoly
____ d. government
____ e. nation-state
____ f. democracy

____ g. monopoly
____ h. downsizing
____ i. communitarian capitalism
____ j. authoritarianism
____ k. terrorism
____ l. traditional authority

____ m. power elite
____ n. rational-legal authority
____ o. bourgeoisie
____ p. elitism
____ q. interest group
____ r. corporation

Match the following concepts with the definitions listed below them.

1. the type of political system controlled by nonelected
rulers who generally permit some degree of individual
freedom
2. members of a society who own productive property
3. the type of political system in which elected officials are
held responsible for fulfilling the goals of the majority of
the electorate
4. the theory of power distribution that sees society in the
control of a few individuals and organizations
5. a group organized to achieve some specific, shared goals
by influencing political decision making
6. a situation in which a single company controls a market
7. the political entity that holds authority over a specified
territory

8. organizations established by interest groups for the pur-
pose of raising and distributing funds to selected political

candidates

9. a unified coalition of top military, corporate, and govern-
ment leaders

10. authority based on rules and procedures associated with
political offices
11. the political structure that rules a nation
12. legitimate power rooted in custom
13. the type of capitalism that emphasizes the interests of
employees, customers, and society
14. the decision of top management to reduce its workforce
to cut costs, increase profits, and enhance stock values

15. the type of capitalism founded on the principles of self-
interest, the free market, profit maximization, and the

highest return possible on stockholder investment

16. The use of violence or threats of violence against a gov-
ernment, a group, or an individual in pursuit of a politi-
cal, religious, economic, or social goal

17. a situation in which a combination of companies con-
trols a market

18. an organization owned by shareholders who have
limited liability and limited control over organizational
affairs

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