Vocabulary Global II Flashcards
Tariff
Tax on imports
Superpower
Term given to the USA and USSR during the Cold War
Imperialism
A policy of economic, political, and social control of a country by a stronger country
Mass Production
the manufacturing of products on a large scale - usually with machines
Interdependence
Mutual assistance or reliance between two or more parties
Communism
government in which a single ruler/party holds power - state control of the economy, and restrictions on personal freedom
Capitalism
economic system based private ownership of the means of production and distribution of goods - promotes a free market based on supply and demand
spheres of influence
territory where an imperialist country has control in another country
Enlightenment
movement that stressed the importance of reason - looking to reform government
Cold War
War of tension and diplomacy - no actual fighting
Ethnocentrism
a belief in the superiority of a certain ethnic group or race