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The Inter-War Years
Term | Definition |
---|---|
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. |