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group 1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
abolition   the act of doing away with something such as Slavery; Alchol  
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absolute advantage   ability of one country or company, using the same quantity of resources as another country or company, to produce a particular product at a lower asolute cost  
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absolute monarchy   a hereditary ruler controls all of the functions of government; ex. tsars of Russia  
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absolutism   a system of governement in which a monarch is the only source of power  
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agrarian society   a society in which people make a living from farming  
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alliances   formal agreement between nations to cooperate and provide for their mutual defenses  
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amendments   changes in or additions to a constitution or law  
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antitrust legislation   laws passed by federal and state governments to break-up monopolies and prevent new ones from forming  
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apartheid   a policy that keeps races seperate from one another; ex. South Africa policy from 1948-1994  
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appeasement   a policy of giving in to the demands of an agressor in order to keep the peace; Neville Chamberlain prior to WWI  
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assimilation   when one absorbs and or adopts the characteristics of another culture; Immigrants in America's early days  
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bias   the perspective one has for a whole group of people rather than judging each individual of the group; impartial judgment  
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blacklist   list of individuals or organizations that have incurred disapproval or suspicion or are boycotted and or penalized; ex. communists in America during the 1950's MCarthy  
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buying on margin   paying a fraction of the cost for an item; ex. stock market purchasing during the 1920's  
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capitalism   an economy in which private individuals own the means of production, ex. market economy U.S. is still somewhat of a captilist nation but with many areas being run by teh government (education, welfare, social security, health care)  
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Created by: dyaden92
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