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Unit 7 vocab
| Term | Definition |
|---|---|
| Post WW1 | After ww1 |
| Economic Decisions | Choices about money and resources |
| Reperations | Payments for war damage |
| Immigration | Moving to a new place |
| Laid-off workers | People who've lost their jobs and have trouble finding a new job |
| Protective Tariffs | taxes on imported goods |
| Foreign | from another country |
| Demographic Shifts | When the population changes |
| National Origins Formula | to set quotas |
| Quotas | Limits on how many immigrants could enter |
| Capitalism | Private businesses control it |
| Communism | Where the government controls all property |
| Fascism | A dictatorship with extreme nationalism |
| Interdependency | countries relying on each other for goods and resources |
| Domestic Policies | laws within the country |
| Foreign Policies | laws on how the country interacts with another country |
| Tax barriers | Tax limiting trade |