The part of economics concerned with such individual units as industries, firms, and households and with individual markets, specific goods and services, and product and resource prices. The social science dealing with the use of scarce resources to obtain the maximum satisfaction of society's virtually unlimited economic wants. 14. economizing problem. American government chapter 1 section 2. A business continuously seeking to improve the efficiency of their operations in order to achieve higher profitability. National Government: Definition, Responsibilities & Powers. Political Ideologies and Philosophy: Help and Review. A form of government where one ruler, usually a hereditary one, holds political power.
Politics: Definition and Source of Governmental Conflict. Explore the details of this political platform, and what the results were for the Republican party in its success. Logical Positivism was a school of philosophy which developed in Austria in the years following World War One. Maryland: History & Facts. Missed class time and need to catch up. Explore rights, human rights, justice, and the four categories of distributive, retributive, corrective, and procedural justice. Politics encompasses a broad range of topics. The amount of other products that must be forgone or sacrificed to produce a unit of a product. Civil Rights in Political Science: Help and Review. Reviewing key terms chapter 1 government vocabulary. 16. economic resources.
An outward shift in the production possibilities curve that results from (1) an increase in resource supplies or quality or an improvement in technology; (2) an increase of real output (gross domestic product) or real output per capita. Card Range To Study. American government chapter 1. Gross domestic product (GDP) is defined as the measure of the total output of goods and services in the economy within a given period of time. Those who support the elite theory of government argue that a small, wealthy, powerful elite controls government and makes policy to benefit its members and perpetuate their power. Complementary Assets. Information Systems Literacy.
They're here to help! A good that is available to many people but is used only by those who can pay the price to do so. Struggle with learning disabilities or learning differences, including autism and ADHD. Civic and political engagement allows politicians to know how the people feel. American politics can easily become very unruly and chaotic if it strays away from its guiding rules. The History & Role of Political Parties: Help and Review. Explore the origins of this political philosophy, and how it appears in America. The assumption that factors other than those being considered are held constant. The Doctrine of Nullification gave Union states absolute authority to void any law created by the federal government. In this lesson, we'll explore the three distinct phases in New York's history, including its emergence as one of the most important regions in the world from the 1900s through today. Products and services that satisfy human wants directly. A vizier was a person who stood second to the Egyptian king, or pharaoh, and was in charge of administration, security, judgment and the safety of the pharaoh and the empire. You're in the right place if you: - Have fallen behind in understanding the definitions and rules used to discuss political science and American politics. Internal corporate networks based on Internet technology.
Operational Excellence. The land, labor, capital, and entrepreneurial ability that are used in the production of goods and services; productive agents; factors of production. Study With Flexibility: Watch videos on any web-ready device. Government creates a structure whereby people can make their needs and opinions known to public officials. Engagement in a Democracy. A widely accepted generalization about the economic behavior of individuals or institutions.
Can't access extra political science learning resources at school. This lesson gives the history and description of the road from the early 1800s to today. Constitutionalism is the philosophy characterized by government authority being constrained by a constitution, supported by the people. You will be able to grasp the subject matter faster, retain critical knowledge longer and earn better grades. What is Constitutionalism? Fiscal Policy in Government & the Economy: Help and Review. National Road: Definition & History. Data Mangement Technology. What are some basic political justice and political rights concepts? Carries out the programs and plans of senior management. Long range strategic decision about products and services as well as ensures financial performance of the firm. 2. economic perspective. A fundamental principle of democracy; the majority should have the power to make decisions binding upon the whole. Operational Management.
A viewpoint that envisions individuals and institutions making rational decisions by comparing the marginal benefits and marginal costs associated with their actions. The Federal Bureaucracy in the United States in Political Science: Help and Review. The National Road was the first major interstate highway in America. To learn more, visit our Earning Credit Page. Definition, Types, Process & Examples. Political justice refers to political fairness, and political rights are citizen liberties regarding government interaction and political participation. A form of government where a handful of elite society members hold political power. Get Extra Support: Ask our subject-matter experts any relevant question.
Autonomy is the ability of an entity to communicate and act on its own behalf. Presidential Elections & Powers: Help and Review. Goods provided by private businesses that can be used only by those who pay for them. Refer to the video transcripts to reinforce your learning. Did you know… We have over 220 college courses that prepare you to earn credit by exam that is accepted by over 1, 500 colleges and universities. 6. scientific method. Learn about the definition of militarism and see some examples of countries that have incorporated militarism into their nation. Two key concepts in political science are civil society and citizenship. A form of government where political power rests in the hands of the people. The principle that as the production of a good increases, the opportunity cost of producing an additional unit rises.
How do political culture and popular opinion relate to each other? The choices necessitated because society's economic wants for goods and services are unlimited but the resources available to satisfy these wants are limited (scarce). Converts the raw input into a meaningful form.