Shared Flashcard Set

Details

Ch 21
Politics and Prosperity
14
History
11th Grade
11/07/2011

Additional History Flashcards

 


 

Cards

Term
communism
Definition
official idealogy of the Soviet Union, chararcterized there by complete government ownership of land and property, single-party control of the government, the lack of individual rights, and the call for worldwide revolution
Term
Red Scare
Definition
intense fear of communism and other politically  radical ideas
Term
isolationism
Definition
policy of avoiding political or economic alliances with foreign countries
Term
disarmament
Definition
program in which countries of the world voluntarily give up their weapons
Term
quota
Definition
a numerical limit
Term
Teapot Dome Scandal
Definition
a scandal during the Harding administration involving the granting of oil-drilling rights on government land in return for money
Term
Kellogg-Briand Pact
Definition
agreement signed in 1928 in which nations agreed not to pose the threat of war against one another
Term
consumer economy
Definition
an economy that depends on a large amount of spending by consumers
Term
installment plan
Definition
a payment plan that allows consumers to make payments on set intervals over a period of time until the total debt is paid
Term
Gross National Product (GNP)
Definition
total annual value of goods and services a country produces
Term
assembly line
Definition
a manufacturing process in which each worker does one specialized task in the construction of the final product
Term
welfare capitalism
Definition
an approach to labor relations in which companies meet some of their workers' needs without prompting by unions, thus preventing strikes and keeping productivity high
Term
speculation
Definition
the practice of making high-risk investments in hopes of getting a huge return
Term
buying on margin
Definition
an option that allowed investors the option of buying a stock for only a fraction of its price and borrow the rest
Supporting users have an ad free experience!