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The Inter-War Years

TermDefinition
Annex To add territory into a city, country, or state (ex. Germany annexed or added Austria to its territories).
Anti-semitism Hostility toward or discrimination against Jews as a religious, ethic, or racial group (ex. Hitler's hostility towards the Jews. He killed many).
Semitism The ways, ideas, influence, etc., of the Jewish people.
Appeasement Agreeing to the demands of a hostile nation to keep the peace and prevent fighting (ex. Great Britain appeased Hitler).
Hostile Not friendly and antagonistic
Command Economy An economic system in which government make the decisions about what and how much will be produced (ex. U.S.S.R and other communist countries).
Depression (economic term) A long period of decline in the economy (ex. Great Depression).
Inflation (economic term) A continuous rise in the level of prices of products because of the increase in the volume of money. As a consequence, the purchasing power of currency falls; money does not have much value
Hyperinflation Is an extremely rapid period of inflation, usually caused by a rapid increase in the money supply. Usually due to unlimited printing of fiat currency (ex. Weimar Republic).
Communism A political vision that supports a society in which all property is publicly owned and each person works and is paid according to their abilities and needs (ex. Soviet Russia).
Fascism A political philosophy or totalitarian system marked by strong central authority and that places the nation, and often a race, above individual rights and freedoms (ex. Italy under Mussolini)
Totalitarianism A governing system in which a ruling elite holds all power and controls all aspects of society, allowing no opposition and often maintaining power with use of terror and secret police [ex. Soviet Russia (communist), Italy (fascism).
Stock Market A term we use to talk about a place where stocks (or documents that represent ownership of money or parts of a company) and bonds are "traded" - meaning bought and sold.
Stock Units of ownership in a company.
Created by: apaschal