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8TH GRADE FINAL EXAM
Notecards for final exam monday and tuesday
11
History
8th Grade
05/16/2010

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Cards

Term
Why were corporations invented?
Definition
Corporations were invented to raise money by selling off percentages of the corporation, or they want a bigger company and need money to do so
Term
Monopolies and competition; why is competition good for consumers?
Definition
A monopoly is a company that controls all or nearly all of the business of an industry. Competition is good because companies will raise or lower their price and quality to get customers.
Term
Stock markets, researching stocks, and investing
Definition
Stock market is a place to buy stocks (percentage of a company).
Term
What is a dollar worth?
Definition
WHATEVER SOMEONE IS WILLING TO SELL YOU FOR ONE
Term
What is imperialism, and is it justifiable?
Definition
Imperialism
a. economic
b. competitive
c. religious/cultural
Imperialism is the policy for powerful countries seeking to control weaker countries.
It is not justifiable
Term
Historical examples of U.S. and European imperialism
Definition
Samoa-Fine harbor that could serve as naval base and commercial port. Germany and America fought over Samoa, US and Germany split it.
Hawaii-Rich soil, warm climate, rainfall (able to grow crops all times of years)On the American's way to china to sell goods they stopped in Hawaii (some settled there)
Guam-Territory/bases. US fought Spain in the same war with Cuba.
Puerto Rico-Territory. US troops landed in Puerto Rico and claimed it.
Cuba-Territory. We fought Spain in a war and won
The Philippines-More naval bases and territory power.The Spanish-American war would lead there
Term
What were the causes of WWI
Definition
Militarism
Alliances
Imperialism
Nationalism
Significant individuals and events
Term
How did the US get into the war
Definition
First US policy: Neutrality, but than German Uboats attacked neutral shipping, lusitania sunk, zimmerman telegram sent to mexico telling them to attack the US
Term
The brutality of WWI, trench warfare
Definition
MILLIONS UPON MILLIONS DIED. Trench warfare was when they built trenches, hid in them, and would shoot each other.
Term
Impact of the war on the U.S. during and afterwards
Definition
US army more literate and educated, many died,allies
Term
Treaty of Versailles and Wilson’s 14 Points
Definition
Treaty of Versailles-
a. surrender of all German colonies
b. demilitarization and a 15 year occupation of the Rhineland
c. German reparations over 300 billion dollars
d. ban on the union of Germany and Austria
e. Germany accepts guilt for causing WWI

14 points
1. end secret agreements
2. freedom seas
3. free trade
4. limit on arms production
5.redraw borders
6.redistribute worlds colonies
7.league of nations
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