OGT 2
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Created by:
JennaJacobs716 on October 2, 2011
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33 terms
Terms | Definitions |
|---|---|
 critique | critical review / commentory |
| credit | the purchase of goods and services in the present with the promise to pay them in the future. |
| containment | the post World War II policy of the US to limit communism expansion to areas already controlled the Soviet Union. |
| cultural diversity | having people of various cultural backgrounds in an area. |
| data | factural info organized for analysis |
| democracy | political control is exercised by all people, either directly or thru representatives |
| depression | economic slowdown - high unemployment, business failures, economy operating below its capacity. |
| dictator | a leader who has absolute power n authority |
| disarmament | reduction of armed troops n weapons |
| enlightenment | a period of the 18th century where science n reason were applied to question traditional thinking about the world; provided new thinking about govt n people's rights |
| environment | the totality of external physical conditions that affect n influence the growth, developmt, n survival of organisms |
| equality | a situation in which people have the same priviledges, status, or rights. |
| exploitation | taking advantage of other people for selfish purposes |
| exports | goods sold to other countries |
| fascism | a form of totalitarianism in which a nation is ruled as a dictator |
| Federal Reserve System | a national banking system created in 1913 that controls the US money supply and the availibility of credit |
| free enterprise | individuals make economic decisions in market economy |
| genocide | the attempt to destroy a religious or ethnic group |
| geographic movement | movement of people, products, or ideas from one part of the world to another. |
| Global economy | interconnections of the market that go beyond natural boundaries |
| Globalization | the act, process, or policy of making something worldwide in scope or application |
| Great Depression | the worldwide economic slowdown during the 1930's |
| Gross Domestic Product | the value of all goods n services produced within a country's borders in a year |
| holocaust | when the nazis of Germany killed 6 million jews |
| immigration | the movement of people from one country or region to another |
| imperialism | when stronger countries take economic, political, and social control of weaker countries |
| imports | goods purchased from other countries |
| indigenous people | people who are native to the area |
| indigenous language | language that is native to the area |
| industrial society | a society in which people make their living from the production of goods |
| industrialization | the transformation of society from farming to production of goods |
| informational society | a society when people make their living from communications n provided related service |
| infrastructure | an underlying base of structure for an organization or system |
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