Ch. 12&13 Vocab Flashcards
economic system in which a country’s trade and industry are controlled by private owners rather than by the state
private businesses
capitalism
policy or attitude of letting things take their own course w/o interfering
laizze faire
policy of isolating yourself from foreign affairs, keeping country cut off; it is americas foreign policy post WWI
isolationism
the policy of protecting the interests of native-born or established inhabitants against those of immigrants.
favoring native born people
navitism
a system of limiting by nationality the number of immigrants who may enter the U.S. each year.
sets # of how many immigrants can enter into the U.S.
quota system
economic & political institution based on a single party ; government controls the resources (money, raw materials, production)
communism
agreement for payment over a period of time
installment plan
wants no rules ; no government
every man for themselves
anarchist
a person who is intolerant toward those holding different opinions.
narrow minded, prejudice person
bigot
money paid by the loser to the winner to cover the damages and injuries
reparation
reduction or withdrawal of military forces and weapons
disarmament
an economy driven by consumer spending as a percent of its gross domestic product
(((a butter economy))) ((no longer focused on war productions))
consumer economy
unplanned & uncontrolled spreading out of cities because of over populated cities
urban sprawl
act of prohibiting the manufacturing, storage in barrels or bottles, transportation, sale, possession, and consumption of alcohol including alcoholic beverages
((18th amendment))
prohibition
establishment that sells alcoholic beverages
secret club
speakeasy