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barbis-Key Ideas

Barbis-Key Terms whole year (Nole)

QuestionAnswer
capitalism economic system based on private ownership and investment of money in business to make a profit
nationalism belief that people should be loyal to their nation; group of people with common culture, beliefs
socialism economic system where the general public owns factors of production and operates it for welfare of all
communism economic system where all means of production are owned and controlled by the people; shared equally
facism political movement promoting extreme form of nationalism, denial of human rights, and dictorial one-party rule
totalitarianism complete government control over every aspect of public and private life
democracy government controlled by citizens where they vote for elected officals and have a say in government
Social Darwinism application of Darwin's theory of evolution saying the "survival of the fittest" will show which group of people will survive
utilitarianism Jeremy Bentham's theory that the government is only useful if it promotes the greatest good for the greatest number of people
isolationism policy were a nation avoids political, cultural, or military involvement with other nations
appeasement making deals or concessions with an aggressive nation in attempt to avoid going to war (giving in to demands)
Created by: vbarbis2
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