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Chapter 21
Vocab & Key Terms
22
History
10th Grade
01/15/2007

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Term
zaibatsu
Definition
large businesses in Japan
Term
Gross Domestic Product
Definition
Gross national product excluding payments on foreign investments
Term
Trade Deficit
Definition
An excess of imports over exports
Term
collectivization
Definition
pooling of peasant land and labor in an attempt to increase efficiency
Term
commune
Definition
a community organized for the protection and promotion of local interests
Term
Joint Venture
Definition
a business enterprise in which two or more companies enter a temporary partnership
Term
Special Enterprise Zone
Definition
Area in China where foreigners can own and operate industries
Term
Asian Tigers
Definition
Territories with high growth rates and industrialization
Term
free-market economy
Definition
an economy where buyers and sellers agree on a price
Term
DMZ-Korea
Definition
The demilitarized zone of Korea
Term
domino theory
Definition
If one land falls under communism, others will follow in effect
Term
cease-fire
Definition
A temporary stoppage of war
Term
embargo
Definition
prohibition of commerce and trade with a certain country
Term
guerrilla war
Definition
small groups of combatants using stradegy and surprise attacks
Term
separatist
Definition
those seeking to be independent from governing country
Term
Pacific Rim
Definition
Countries on the edge of the Pacific Ocean
Term
Diet
Definition
Japanese parliament
Term
Gross National Product
Definition
The total value of all goods and services produced in a country over a year
Term
PRC
Definition
Peoples Republic of China
Term
The Great Leap Forward
Definition
Mao's program between 1959 and 1961 to increase farm and industrial output at an unreasonable rate - was a big failure and 30 million starved to death from famine
Term
Cultural Revolution
Definition
To purge the bourgeois, targeting authority, party leaders, teachers, writers, artists, etc. to be humiliated or killed
Term
Deng Xiaoping
Definition
Chinese ruler after Mao, set up to modernize agriculture, industry, science, and defense
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