2.  Popular Sovereignty  Popular = many  Sovereignty = power  The people give the government all of its power  Sources of Government’s Power  Consent of governed; will of the majority

3.  Government and the Economy  Laissez-faire  Free market  Goal of Government  Material well-being  Social justice  Purpose of Government  To protect natural rights

4.  When Government Fails  People have right to overthrow the government  Power of Government  Debate: absolute or limited power?  Structure of Government  Separation of powers  Checks and balances