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SS Terms 61-85
| Question | Answer |
|---|---|
| Informational society | a society in which people make their living from communications and providing related service. |
| Infrastructure | and underlying base or structure for an organization or system. |
| Interdependence | being mutually dependent; for example, countries trading with each other become dependent on the products of goods from the other country. |
| Interest rates | the percentage of a loan that must be repaid in addition to paying the principal. |
| International trade | the exchange of good between countries. |
| Laissez faire | an economy in which government minimizes its interference. |
| Libel | false and malicious use of printed words that damage a person's reputation. |
| Logical fallacies | statements or arguments based on a false of invalid inference |
| Market economy | an economy in which decisions on production and consumption are made by individuals acting as buyers and sellers. |
| McCarthyism | the attacks, often unsubstantiated, by Senator Joseph McCarthy and others on people suspected of being communists during the early 1950's. |
| Migration | the movement of people or animals from one country or region to another. |
| Minorities | cultural subgroups in a larger culture. |
| Mixed economy | and economy that combines features of more that one of the traditional, command, and market systems. |
| Monarchy | a system of government headed by a monarch (such as king, queen, shah, or sultan) whose position is usually inherited. |
| Monetary policy | a policy that involves changing the rate of growth of the supply of money in circulation in order to affect the cost and availability of credit; the rates are established by the Federal Reserve System. |
| Money | anything used as a medium of exchange. |
| Multiple perspectives | being able to examine things form different points of view. |
| Natural rights | a belief that individuals are naturally endowed with basic human rights that cannot be taken away of given up. |
| Nazism | the fascist regime of Adolph Hitler in Germany. |
| Opportunity cost | the value of the next best alternative given up when a choice is made. |
| Parliamentary democracy | a system of government in which the executive leaders (usually a prime minister and a cabinet)are chosen by and responsible to the legislature (parliament), as well as being members of the legislature, as in Great Britain. |
| Perspective | how one views something. |
| Philosophes | the Enlightenment thinkers. |
| Political action group | a special interest group that organizes to impact public policy. |
| Post-industrialization | the period after the industrial period in which service, information, and research grew important; generally considered to have begun in the latter part of the twentieth century. |