Comparative Politics Exam Questions (152 Terms) With Verified Definitions Updated 2024

Russia {Ans: power lies with president, corruption, economy is somewhat free, federal state with regional governors}import-substitution industrialization: (ISI) {Ans: Development policy popular in the 1950s-1970s that uses trade policy, monetary policy, and currency rates to encourage the creation of new industries to produce goods domestically that the country imported in the past}open-list proportional representation {Ans: Electoral system in which multiple candidates run in each district, voters vote for the individual candidate of their choice, and the candidates with the most votes in the party get the seats the party wins}Monopoly {Ans: The control of the entire supply of a valued good or service by one economic actor}"first-past-the-post" (FPTP) {Ans: An SMD system in which the candidate with a plurality of votes wins}proportional representation (PR) {Ans: Electoral system in which seats in a legislature are apportioned on a purely proportional basis, giving each party the share of seats that matches its share of the total vote}relative deprivation {Ans: A group's or individual's belief that they are not getting their share of something of value relative to their own expectations or to what others have}A "nation" is {Ans: a group of people who perceive