Like this study set? Create a free account to save it.

Sign up for an account

Already have a Quizlet account? .

Create an account


official idealogy of the Soviet Union, characterised there by complete government owenership of land and property, single-party control of the government, the lack of individual rights, and the call for worldwide revolution.

Red Scare

Intense fear of communism and other politically radical ideas


policy of avoiding political or economic alliances with foreign countries.


program in which the nations of the world voluntarily give up their weapons


a numerical limit

Teapot Dome scandal

Scandal during the Harding administration involving the granting of oil drilling rights on government land in return for money

Kellogg-Briand Pact

Agreement signed in 1928 in which nations agreed not to pose the threat of war against one another

consumer economy

an economy that depends on a large amount of spending by consumers

installment plan

a payment plan that allows consumers to make payments at set intervals over a period of time until the total debt is paid

Gross National Product (GNP)

Total annual value of goods and services a country produces

assembly line

Manufacturing process in which each worker does one specialized task in the construction of the final product

welfare capitalism

an approach to labor relations in which companies meet some of their workers' needs without prompting by unions, thus preventing strikes and keeping productivity high.


The practise of making high-risk investments in hopes of getting a huge return.

buying on margin

An option that allows investors to purchase a stock for only a fraction of its price and borrow the rest.

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions and try again


Reload the page to try again!


Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

Voice Recording