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Social Contract Theory: Thomas Hobbs - ANSWER-In a natural state, no
government exists. People surrender the power to the state to maintain order.
People do not have the right to break the agreement.
Social Contract Theory: John Locke - ANSWER-People are naturally endowed
with the right to life, liberty and property. They willingly contract power to
government to protect these rights. People have the right to break this
agreement.
Force Theory - ANSWER-Government was created when all the people of the
area were bought under the authority of one (by force).
Divine Right Theory - ANSWER-The state was created by god. The divine has
chosen people to rule.
Governments purpose - ANSWER-Maintain social order, provide public
services, provide national security, and control the economic system.
Economic systems do the following... - ANSWER-1. What and how much
should be produced, 2. How goods and services should be produced. 3. Who
gets the goods and services that are produced.
Capitalism - ANSWER-Freedom of choice and individual incentive.
1. Private ownership and control of property and economic resources.
2. Free enterprise
,3. Competition among businesses
4. Freedom of choice
5. The possibility of profits
John Locke - ANSWER-Two treaties of Government: people need government
to maintain social order and cannot live in groups without conflict.
Abraham Lincoln - ANSWER-Government should do for the community
whatever they need to promote general welfare - individuals could or would not
do on their own.
Evolutionary Theory - ANSWER-The state evolved from family. The head of
the family is the government.
Adam Smith (1776) - ANSWER-Buyers and sellers were free to make unlimited
economic decisions in the marketplace. Free enterprise: decisions made by
buyers and sellers
Socialism - ANSWER-Government owns the basic means of production,
decides how to use resources, distributes products and wages, provides social
services.
1. Distribution of wealth and economic opportunity equally among people
2. Society's control, through its government, of all major decisions about
production
3. Public ownership of most land and factories
Democratic Socialism - ANSWER-Works within the democratic system to
improve economic conditions.
Communism - ANSWER-No social classes, all property is held in common, and
government is not necessary.
, Karl Marx (1818 - 1883) - ANSWER-Advocated violent revolution.
Bourgeoisie (production) and workers (proletariat) would eventually collapse
because smaller groups of capitalists would control all means of production.
Mixed Market Economies - ANSWER-Free enterprise but supported by
government decisions in the marketplace - the structure that the U.S. has today.
Command Economy - ANSWER-Decisions of the economy are made by upper
levels of government and handed down to managers.
Liberal - ANSWER-Government should promote health, education and justice.
Curtail economic freedom to increase equality. Socially - no restrictions to most
individual freedoms.
Conservative - ANSWER-Limiting the role of government except in supporting
traditional moral values. Private individuals should solve social problems. Free
market with limits on government intervention.
Popular Sovereignty - ANSWER-Rule by the people - the authority of
government comes from the people.
Federalism - ANSWER-Power divided between the nation and state
governments - each has their own agencies and officials and pass their own
laws.
Separation of Powers - ANSWER-3 branches. Legislative - Congress makes the
laws. Executive - Carries out acts of congress. Judicial - Supreme court.