History vocab 1 Flashcards
0
Q
Autonomy
A
Independent control over one’s own affairs
1
Q
Assimilate
A
To be absorbed in the main culture of society
2
Q
Blockade
A
Military tactic in which a navy prevents vessels from leaving and entering the enemy’s ports
3
Q
Business cycle
A
Periodic growth and contraction of the economy
4
Q
Capital
A
Money or wealth said to invest in business atmosphere
5
Q
Consumerism
A
Large scale buying, most of it on credit card
6
Q
Deficit spending
A
Practice of a nation paying out more money than it is receiving in revenues
7
Q
Federalism
A
Political system n which power is given to both national and state gov
8
Q
Globalization
A
Process by which national economies, cultures, and societies mix with those of other nations around the world
