Unit 8 Test Part 1 Flashcards
International Monetary Fund
An international organization established in 1945 to promote international trade and monetary cooperation and the stabilization of exchange rates. Member countries contribute in gold and in their own currencies to provide a reserve on which they may draw to meet foreign obligations during periods of deficit in their international balance of payments
World Bank
an international bank established in 1944 to help member nations reconstruct and develop, especially by guaranteeing loans: a specialized agency of the United Nations
Cold War
A constant nonviolent state of hostility between the Soviet Union and the US that began shortly after WWII
Truman Doctrine
the principle that the US should give support to countries or peoples threatened by Soviet forces or communists. First expressed in 1947 by Pres. Truman in a speech to Congress seeking aid for Greece and Turkey. The doctrine was seen by the communists as an open declaration of the Cold War
Marshall Plan
US program to give large amounts of economic aid to European countries to help them rebuild after WWII. It was proposed by the United States secretary of state, General George C. Marshall.
Berlin blockade
one of the first major international crises of the Cold War. During the multinational occupation of post–WWII Germany, the Soviet Union blocked the Western Allies’ railway, road, and canal access to the sectors of Berlin under allied control.
NATO
an organization formed in Washington, D.C. (1949), comprising the 12 nations of the Atlantic Pact together with Greece, Turkey, and the Federal Republic of Germany, for the purpose of collective defense against aggression.
Military Industrial complex
comprises the policy and monetary relationships which exist between legislators, national armed forces, and the arms industry that supports them, 1st use by Pres Eisenhower in his Farewell address
Taft-Hartley Act
an act of the U.S. Congress (1947) that supersedes but continues most of the provisions of the National Labor Relations Act and restricts the activities and power of labor unions.
Dixiecrat
former political party in the United States; formed in 1948 by Democrats from southern states in order to oppose to the candidacy of Harry S Truman; they supported states rights and were anti civil rights
National Security Council
(NSC) is the President’s principal forum for considering national security and foreign policy matters with his senior national security advisors and cabinet officials.
CIA
Central Intelligence Agency: the U.S. federal agency that coordinates governmental intelligence activities outside the United States, created in 1947 to coordinate and conduct espionage and intelligence
House Un-American Activities Committee
a committee (1938–75) of the U.S. House of Representatives, created to investigate disloyalty and subversive organizations. Its first chairman, Martin Dies, set the pattern for its anti-Communist investigations.
McCarthyism
campaign against alleged communists in the US government and other institutions carried out under Senator Joseph McCarthy in the period 1950–54
G.I. Bill,
law passed in 1944 that provided educational and other benefits for people who had served in the armed forces in World War II. Benefits are still available to persons honorably discharged from the armed forces.