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Unit 5 Vocabulary

Empire and Ethnicity: Russian and the Eurasia Republics

Cold War This was a period of economic, political and military tension between the United States and Soviet Union from 1945 to 1991.
Command Economy An economic system in which the government (unlimited) controls a country's economy. Government controls the factors of production (land, labor, and capitol), no private ownership, no private enterprise, and no profit.
Communism A political and economic system where factors of production (land, labor, and capitol) are collectively owned and directed by the state. This is a command economy.
Ecological Disaster A disaster to the natural environment due to human activity. It should no be confused with natural disaster. The Aral Sea is an example of an ecological disaster.
Ethnicity A social division based on national origin, religion. language, and often race.
Exploitation The action of making use of and benefiting from natural resources.
Export A good produced in the home country and sold in another country.
Extract To remove or take out.
Factors of production Land, labor, and capitol: the three groups of resources that are used to make all goods and services.
Federation A union of self-governing states or provinces.
Free Market Capitalism An economic system where economic decisions are based on supply and demand. There is private ownership, private enterprise, and profit.
Imperialism A policy of extending the rule or authority of an empire or nation over foreign countries so that it might increase its size, either by force or politics.
Import Bringing goods into a country from another country for sale.
Limited Government Everyone, including all authority figures, must obey the laws. Rule by many.
Migration The movement of people from one place to live in another.
Modify To change.
Multicultural society A society that includes a variety of cultures in the same area.
Nomadic The act of moving from one place to another frequently.
Permafrost permanently frozen layers of soil.
Propaganda Ideas spread to influence public opinion for or against a cause.
Republic A form of government in which a state is ruled by representatives of the citizen body.
Siberia A region of central and eastern Russia stretching from the Ural Mountains to the Pacific Ocean.
Socialist Economy This is a market economy in which government owns factors of production, yet private ownership of small scale business is allowed. Socialism is considered the middle step between capitalism and communism.
Subsistence Farming When farmers grow food crops and raise animals that is needed by the family to feed and clothe themselves during the year.
Superpower A state powerful enough to influence events throughout the world.
Tariffs A fee that a country charges on imports and exports.
Totalitarian Government A system government that exercises dictatorial control over all aspects of society.
Traditional Economy Custom and tradition determines what is to be produced. Products are owned by families or the entire village. Distribution of goods are kept local.
Transition To change from one thing to another.
Unlimited Government Control of government is placed solely with the ruler. Their are no limits imposed on his/her authority. Rule by one or few.
Created by: knutsonp
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