Government - correct answer ✔✔the institutions and procedures through which a land and its people
are ruled
Autocracy - correct answer ✔✔A form of government in which a single individual rules
Oligarchy - correct answer ✔✔A form of government in which a small group of landowners, military
officers, or wealthy merchants controls most of the governing decisions
Democracy - correct answer ✔✔A system of rule that permits citizens to play a significant part in the
governmental process, usually through the selection of key public officials
Constitutional Government - correct answer ✔✔A system of rule in which formal and effective limits are
placed on the powers of the government
Authoritarian Government - correct answer ✔✔A system of rule in which the government recognizes no
formal limits but may nevertheless be restrained by the power of social institutions (organized church,
labor union, etc.)
Totalitarian Government - correct answer ✔✔A system of rule in which the government recognizes no
formal limits on its power and seeks to absorb or eliminate other social institutions that might challenge
it
Politics - correct answer ✔✔The conflicts and struggles over the leadership, structure, and policies of
government
Instrumental - correct answer ✔✔Done with purpose, sometimes with forethought, and even with
calculation
, Institutions - correct answer ✔✔The rules and procedures that provide incentives for political behavior,
thereby shaping politics
Jurisdiction - correct answer ✔✔The domain over which an institution or member of an institution has
authority
Agenda Power - correct answer ✔✔The control over what a group will consider for discussion
Veto Power - correct answer ✔✔The ability to defeat something even if it has made it on the agenda of
an institution
Delegation - correct answer ✔✔The transmission of authority to some other official or body for the
latter's use
Principle- Agent Relationship - correct answer ✔✔The relationship between a principal and his/her
agent. This relationship may be affected by the fact that each is motivated by self- interest, yet their
interests may not be well aligned.
Transaction Costs - correct answer ✔✔The cost of clarifying each aspect of a principal- agent relationship
and monitoring it to make sure arrangements are compiled with
Collective Action - correct answer ✔✔The pooling of resources and the coordination of effort and
activity by a group of people (often large) to achieve common goals
Free Riding - correct answer ✔✔Enjoying the benefits of some good or action while letting others bear
the costs
Public Good - correct answer ✔✔A good that (1) may be enjoyed by anyone if it is provided and (2) may
not be denied to anyone once it has been provided
By-product Theory - correct answer ✔✔The idea that groups provide members with private benefits to
attract membership. The possibility of group collective action emerges as a consequence.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R299,02. You're not tied to anything after your purchase.