Honors world Final vocab

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42 Terms

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Capital

Goods that are used to further production and reflect the wealth or financial strength of an individual or company

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Urbanization

The process through which cities grow

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Factory

buildings or group of buildings where goods are manufactured or assembled chiefy by machine

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Vertical Integration

an expansion strategy where one company takes control over one or more stages in the production or distribution of a product

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Horizontal Integration

a growth strategy of acquiring as many business in the same industry and integrating them into one company

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Monopoly

the exclusive possession or control of the supply of our trade in a commodity or service

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Corporate Trust

A set of companies that are managed by a small group and control production and distribution of products/services

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Capitalism

An economic system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state

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Socialism

An economic and political system in which the means of productionand distribution are owned or regulate by the public or the government

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Labor Union

An organized association of workers often in a trade or profession, formed to protect and further their rights and interests

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Suffage

the right to vote in political elections

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Communism

an economic and political system in which all property is publicy own and each person works and paid according to their abilities and needs

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Imperialism

a policy of extending the rule of authority of a country’s power and influence through diplomacy or military force

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Colony

a country or area under the full of partial political control of another country and occupied by settlers from that country

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sphere of influence

a country or area in which another country has exclusive investments or trading practices

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Militarism

The belief or desire of a government or people that a country should maintain a strong military capability and be prepared to use it aggressively to defend or promote national interests; a policy of glorifying military power and values.

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Alliance

a union or association formed for mutual benefit

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Total war

warfare that includes any and all civilian associated resources and infrastructure as legitimate military target, mobilizes all of the resource of society to fight the war, and give priority to warfare over non-combatant work

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Mobilization

the action a country or its government preparing and organizing troops and resources for active service

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Conscription

Compulsy enlistment for state service, typically into the armed force

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Propaganda

Information, especially of a biased ormisleading nature, used to promote or publicize a particular political cause or point of view

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Armistice

An agreement made by opposing sides in a war to stop fighting for a certain time

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Disillusion

disappointment resulting from the discovery or realization that a belief, ideal, or expectation is false

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Partison

a firm adhevent to a party, faction, cause, or person

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proletariat

The laboring class, the class of industrial workers who lack their own means of production and and hense sell their labor to live

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Bourgeoise

the capitalist class who own most of society’s wealth and means of production

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Hacienda

a large estate espcially in a spanish-speaking country

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Peonage

The use of laborers bound in serritude because of debt

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Economic Depression

Aa sustained period of significant economic decline

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Populism

A political approach that strives to appeal to ordinary people who feel that their concernsare disregarded by etsabilishing elite group

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Fascism

a miliant political movement that emphasizes loyalty to the state and abedience to a leader

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Totalilarism

A system of government in which a dictator has total control over every aspect of its citizen lives

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Authoritarianism

A system of government that uses institution to control its citizen lives

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Eugenics

A set of beliefs and practices that aim to improve the genetic by permitting only people with characteristics judged desirable to reproduce

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Antsemitism

Hostility towards or prejustice discrimination against Jewish people as a religious or racial group

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Appeasement

A stradegy or pilicy of making political, material, or territorial consessions to an aggresive power to aviod conflict

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Blitzkrieg

An intense military compaign intended to bring about a swift victory (Lightning war)

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Genocide

The deliberate and systematic destruction of a group of people because of their ethincity, nationality, religion, and race

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Concentration Camp

A place where large number of people (Such as prisoners of war, political prisoners, refugee, or the members of an ethnic or religious minority) are detained or confined under armed guard

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War crimes

Serious violation of the laws or customs of war as defined by international customary law and international treaties

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Crimes against humanity

A deliberate act, typically as part of a systematic compaign that cause civilian suffering or death on a huge scale

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Crimes against peace

Planning, initiation, or exuction of a large-scale and serious act of aggression using state military force