Question 1

As he prepared to leave office in 1961, President Dwight D. Eisenhower gave a farewell address in which he warned the country of the growing power of what he called the

Accepted Answer

In his farewell address, President Eisenhower warned the country of the growing power of the military-industrial complex, a term he used to describe the close relationship between the military, government, and private defense contractors. He expressed concern that this close relationship could lead to a disproportionate influence of the military-industrial complex in shaping government policy, and called for vigilant oversight to ensure that the interests of national security did not overshadow the interests of the American people.

Question 2

Compare and contrast the economic models of capitalism and socialism. Use the ideas of Adam Smith and Karl Marx in your answer.

Accepted Answer

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Question 3

Which political model sees a concentration of wealth and power in U.S. society resulting from the operation of the capitalist economy?

Accepted Answer

The Marxist political-economy model sees a concentration of wealth and power in U.S. society resulting from the operation of the capitalist economy. This model is based on the idea that capitalism inherently creates social and economic inequality, as the capitalist class (bourgeoisie) accumulates wealth and power at the expense of the working class (proletariat).

Question 4

Define economy and politics. Explain how the two social institutions are interrelated.

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Question 5

Explain how the pluralist model, the power-elite model, and the Marxist political-economy model each provide a distinctive view of power in the United States. Provide one criticism of each model. Which model comes closest to your own view? Why?

Accepted Answer

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Question 6

Explain the essential insight offered by the conservative, liberal, and radical-left approaches to this country's political economy. How might our country learn from each model to advance the cause of democracy?

Accepted Answer

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Question 7

Which political position calls for reforms based on the claim that our political and economic systems benefit some more than others?

Accepted Answer

The political position that calls for reforms based on the claim that our political and economic systems benefit some more than others is liberalism. Liberals advocate for policies that promote equality and fairness, such as progressive taxation and social welfare programs, in order to create a more just society.

Question 8

Which political model describes power in the United States as widely distributed among various groups and organizations?

Accepted Answer

The pluralist model is the political model that describes power in the United States as widely distributed among various groups and organizations. It recognizes that there are many different interest groups with different types of power that compete with each other to shape public policy. This model suggests that no single group or organization has a monopoly on power and that decision-making is a decentralized process.

Question 9

Define corporations, monopolies, conglomerates, and special-interest groups. Give an example of each. Explain how, from a political point of view, each can cause a specific social problem.

Accepted Answer

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Question 10

Which of the following categories of people face legal barriers to voting?

Accepted Answer

Convicted felons in some states face legal barriers to voting, either temporarily or permanently depending on the state's laws. People with disabilities, people who lack a high school diploma, and people receiving public assistance generally do not face legal barriers to voting.

Question 11

Which of the following statements is correct?

Accepted Answer

Both conservatives and liberals believe in using the power of government, but for different purposes. Conservatives generally believe in limited government intervention and more individual freedom, while liberals advocate for government intervention in issues such as social welfare, healthcare, and education to promote equality and social justice. Therefore, option C is the correct statement.

Question 12

Which of the following would be considered a part of the power elite?

Accepted Answer

The power elite refers to a small group of people who hold significant influence in society, comprising top military officials, business leaders, and political figures. Owners of small, family businesses, all taxpayers, and all registered voters do not necessarily hold the same level of power and influence as the power elite.

Question 13

In the 2012 presidential election,

Accepted Answer

Women were slightly more likely to vote than men were, according to data from the U.S. Census Bureau. However, the data does not support the other answer choices.

Question 14

Which political position claims that U.S. society is largely democratic?

Accepted Answer

Conservatives generally believe in the principles of democracy and that the United States is a democratic society.

Question 15

According to which political position does the capitalist economy concentrate wealth in the hands of the few and the government serve the interests of the capitalist elite?

Accepted Answer

The radical left position argues that the capitalist economy concentrates wealth and power in the hands of a wealthy elite and that the government serves their interests at the expense of the working class and marginalized groups. This is often linked to Marxist and socialist ideologies that advocate for the redistribution of wealth and power to create a more equal society.

Quiz 10: Economy and Politics