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These flashcards cover key terms and concepts discussed in the lecture about the end of the Cold War and the rise of neoliberalism.
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Neoliberalism
An economic and political ideology that emphasizes free markets, individualism, and limited government intervention in the economy.
Theocracy
A form of government in which a deity is recognized as the supreme civil ruler, and religious leaders govern in the name of that deity.
Velayat-e Faqih
Guardianship of the Islamic Jurist; a concept in Iran where a religious leader has supreme power in political and social affairs.
Clash of Civilizations
A theory proposing that future conflicts will be between cultural and religious identities rather than ideological or economic lines.
Dialogue of Civilizations
A political and cultural initiative aimed at improving relations and understanding among different nations and cultures, notably promoted by Iranian President Mohammad Khatami.
Perestroika
An economic restructuring in the Soviet Union introduced by Mikhail Gorbachev aiming to reform the Soviet economic system.
Capitalist Perestroika
A term describing the shift towards neoliberal economic policies and reduction of government intervention in capitalist economies.
Democratization
The transition to a more democratic political regime, encompassing liberalization, political pluralism, and the rule of law.
Stagflation
An economic condition characterized by slow economic growth, high unemployment, and high inflation.
Golden Age
A period after World War II characterized by economic expansion, stability, and a rise in living standards in many Western countries.