| Authority | Institutionalized power that is recognized by the people over whom it is exercised.
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| Capitalism | An economic system in which the means of production are held largely in private hands and the main incentive for economic activity is the accumulation of profits.
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| Charismatic authority | Power made legitimate by a leader's exceptional personal or emotional appeal to his or her followers.
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| Communism | As an ideal type, an economic system under which all property is communally owned and no social distinctions are made on the basis of people's ability to produce.
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| Deindustrialization | The systematic, widespread withdrawal of investment in basic aspects of productivity, such as factories and plants.
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| Democracy | In a literal sense, government by the people.
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| Dictatorship | A government in which one person has nearly total power to make and enforce laws.
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| Downsizing | Reductions in a company's workforce as part of deindustrialization.
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| Economic system | The social institution through which goods and services are produced, distributed, and consumed.
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| Elite model | A view of society as being ruled by a small group of individuals who share a common set of political and economic interests.
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| Force | The actual or threatened use of coercion to impose one's will on others.
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| Industrial society | A society that depends on mechanization to produce its goods and services.
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| Influence | The exercise of power through a process of persuasion.
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| Informal economy | Transfers of money, goods, or services that are not reported to the government.
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| Laissez-faire | A form of capitalism under which people compete freely, with minimal government intervention in the economy.
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| Mixed economy | An economic system that combines elements of both capitalism and socialism.
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| Monarchy | A form of government headed by a single member of a royal family, usually a king, queen, or some other hereditary ruler.
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| Monopoly | Control of a market by a single business firm.
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| Offshoring | The transfer of work to foreign contractors.
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| Oligarchy | A form of government in which a few individuals rule.
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| Peace | The absence of war, or more broadly, a proactive effort to develop cooperative relations among nations.
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| Pluralist model | A view of society in which many competing groups within the community have access to government, so that no single group is dominant.
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| Political system | The social institution that is founded on a recognized set of procedures for implementing and achieving society's goals.
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| Politics | In Harold Lasswell's words, "who gets what, when, and how."
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| Power | The ability to exercise one's will over others even if they resist.
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| Power elite | A small group of military, industrial, and government leaders who control the fate of the United States.
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| Rational-legal authority | Authority based on formally agreed upon and accepted rules, principles, and procedures of conduct that are established in order to accomplish goals in the most efficient manner possible.
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| Representative democracy | A form of government in which certain individuals are selected to speak for the people.
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| Socialism | An economic system under which the means of production and distribution are collectively owned.
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| Terrorism | The use or threat of violence against random or symbolic targets in pursuit of political aims.
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| Totalitarianism | Virtually complete government control and surveillance over all aspects of a society's social and political life.
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| Traditional authority | Legitimate power conferred by custom and accepted practice.
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| War | Conflict between organizations that possess trained combat forces equipped with deadly weapons.
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