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Vocabulary

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Term
Definition
Abundant   To have plenty or ample supply. Synonym: Sufficient. Antonym: Depleted.  
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Acid Rain   Precipitation polluted by gases released into the air by the burning of fossil fuels. Synonym: Haze. Antonym: Clean Rain.  
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Ally   A country or person that has joined with another country or person for special purposes. Synonym: Colleague. Antonym: Foe  
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Autocracy   A type of government where one leader hold's complete power. Synonym: tyranny. Antonym: Democracy.  
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Capital Goods   Goods that are used in producing other goods than being bought by consumers. Synonym: Assets. Antonym: Human Capital.  
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Centralize   To bring together under one authority. Synonym: Unify. Antonym: Disperse.  
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Contaminated   Impure or unclean. Synonym: Corrupt. Antonym: Clean.  
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Currency   Form of money. Synonym: Cash.  
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Democracy   Type government system where the people of the country hold the supreme court. Synonym: Liberal. Antonym: Autocracy.  
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Dictator   Typical leader of an autocratic government. Synonym: Czar. Antonym: President.  
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Distribute   To give out; to pass out. Synonym: Donate. Antonym: Collect.  
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Diversity   Being Different. Synonym: Range. Antonym: Uniformity.  
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Domestic   Something or someone from another country, having to do with home. Synonym: Private. Antonym: Alien.  
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Efficient   Achieving maximum productivity with minimum wasted effort. Synonym: Able. Antonym: Lazy.  
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Embargo   Ban on trade with a particular country. Synonym: Restraint. Antonym: Aid.  
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Empire   Extensive group of states or countries under a single supreme authority. Synonym: Domain. Antonym: Weakness.  
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Ethnic Group   A group of people who have the same language, culture, religion, or other common characteristics. Synonym: Origin.  
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Fascism   A political idea in which total power is given to a dictator and freedoms are denied. Synonym: Nazism. Antonym: Democracy.  
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Foreign   Someone or something from outside our country. Synonym: Alien. Antonym: Domestic.  
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GDP   The total market value of the goods and services produced bye a country during a specific year.  
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Globalization   Linking of nations through trade, information, technology, etc. Synonym: Growth. Antonym: Nationalization.  
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Holocaust   An act of mass destruction and loss of life. Synonym: Genocide.  
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Human Capital   The skill, knowledge, and experience possessed by an individual. Synonym: Human Resource. Antonym: Capital Goods.  
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Imperialism   Policy of obtaining and occupying land to form and empire. Synonym: Colonialism.  
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Inflation   The rate at which the general level of prices for goods and services is rising. Synonym: Rise. Antonym: Deflation.  
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Intervene   To come between people or groups. Synonym: Involve  
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Liberate   Free form a situation. Synonym: Save. Antonym: Harm  
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Literacy   Ability to read and write. Synonym: Articulacy. Antonym: Illiteracy.  
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Monarchy   Type of government headed by a king or queen. Synonym: Throne. Antonym: Democracy.  
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Nationalize   To bring under the ownership of a country's government. Synonym: Mix. Antonym: Dived.  
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Natural Resources   Materials that occur in nature and can be used for economic gain. Synonym: Raw Material. Antonym: Manufactured Goods.  
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Outsource   Paying to have of your company's work done by someone else (not employee of company). Synonym: Utilize.  
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Parliamentary Democracy   Form of government in which the party with the best image in the legislature branch forms the government. S: Enacting.  
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Population Density   Number of people per square mile of land. Synonym: Anthropology.  
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Poverty   Not having enough money to meet basic needs. Synonym: Famine. Antonym: Surplus.  
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Privatize   To move an industry from public (government) to ownership to individual ownership. Synonym: Adverse.  
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Quota   A trade barrier that places a limit on the number of goods that can be imported. Synonym: Allotment. Antonym: Juncture.  
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Reform   To make something better; as opposed to revolution which means a complete radical change. S: Amend. A: Break.  
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Regulations   Rules or laws. Synonym: Control. Antonym: Deregulations.  
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Republic   Government system in which decisions are made by elected officials who represent the people. Synonym: Constitutional.  
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