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Unit 8 Vocab
| Term | Definition |
|---|---|
| Labor Unions | groups formed by workers to advance their interests |
| Suburbs | residential communities outside of a city |
| Communism | an economic system in which the state owns the land and the means of production |
| Free Enterprise | an economic system characterized by private or corporate ownership of capital goods; investments that are determined by private decisions rather than by state control, and determined in a free market. |
| Cold War | The struggle of power between the United States and the Soviet Union from the end of WWII through the 1980's. |
| Dwight D. Eisenhower | Commonly known as Ike, he was the 34th president of the U.S. (Republican) He was a 5 star army general before becoming president. |
| Lyndon B. Johnson | Vice president to JFK, became the president after the JFK assassination. LBJ was from Texas and the 36th president of the U.S. |
| Civil Rights | the rights due to all U.S. citizens under the constitution |
| Primary Election | an election in which voters choose the candidates for the general election |
| Satellite | a human made object sent into space to orbit the Earth. |
| National Aeronautics and Space Administration | commonly known as NASA. Located in Houston Texas, the world leader in space exploration |
| International Space Station | a flying laboratory that orbits Earth and is home to astronauts from all around the world |
| Petrochemical | a substance made from oil or natural gases. |
| Carbon Black | a fine, black powder made by heating oil at high temperatures |
| Boom-bust-cycle | a prolonged period of great profits, followed by a sharp decline |
| OPEC | The Organization of Petroleum Exporting Countries, a group of nations banded together to control the oil industry |
| Embargo | an order to stop trade with a certain nation |
| Hydraulic fracturing (Fracking) | water and chemicals pumped under high pressure deep into the ground in order to break the Earth and release oil & gas. |
| Maquiladoras | factories in Mexico owned by foreign investors |
| Agribusiness | large corporations whose business is farming |
| Hybrid | something that is made of two different types of components |
| NAFTA | The North American Free Trade Agreement - it removed most of the trade barriers between the U.S., Mexico, and Canada. |
| Infrastructure | a system of public works such as roads and bridges |
| Diversify | to become more varied |
| Retail | the sale of goods directly to the public |
| Research & development | an activity that leads to the creating of new products and procedures |
| Michael Dell | Texas leader in science & technology, Dell began selling computers when he was a student at UT at Austin in the 1980's and now is one of the largest computer companies in the world. |
| Fraud | something illegal that is said or done to trick a person for unfair gain |
| Limited Convention | a convention in which only two parts of the constitution may be changed |
| George W. Bush | Son of George H.W. Bush and former governor of Texas, George W. Bush was elected 43rd president of the U.S. in 2000 and re-elected in 2004. |
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