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Chapter 19

TermDefinition
National Identity a sense of a nation as a cohesive whole, as represented by distinctive traditions, culture, and language. The image represents the Queen as an emblem of national identity.
Velvet Revolution a nonviolent political revolution, especially the relatively smooth change from Communism to a Western-style democracy in Czechoslovakia at the end of 1989. The Velvet Revolution was November 17, 1989 - December 29, 1989.
Balkanize divide (a region or body) into smaller mutually hostile states or groups. Other regions would take pieces of territory, balkanizing the country.
Annex add (territory) to one's own territory by appropriation. The left bank of the Rhine was annexed by France in 1797.
Ghetto a part of a city, especially a slum area, occupied by a minority group or groups. Severe ghetto laws led many of the Jews to emigrate.
Privatization the transfer of a business, industry, or service from public to private ownership and control. The workers are opposing the privatization of the national rail company.
Entrepreneur a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. Many entrepreneurs believe there is potential in this market.
Holocaust destruction or slaughter on a mass scale, especially caused by fire or nuclear war. Numerous people lost their lives during the Holocaust.
Collective Farm a jointly operated amalgamation of several small farms, especially one owned by the government. The collective farm the workers worked at was owned by the government.
Multiplier Effect the increase in final income arising from any new injection of spending. A tax cut for the wealthy will have a much smaller multiplier effect in the economy than one for the lower economic classes.
Created by: mayciblakemore