Topic 12 Part 1 Vocabulary - Zurawski

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14 Terms

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Communism

an economic system in which the production of goods is controlled by the state

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Capitalism

an economic system characterized by the private or corporate ownership of goods with the distribution of goods determined by competition in a free market

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Marshall Plan

a U.S. program of financing to help European nations rebuild after World War II

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Cold War

conflict over ideological differences that does not involve warfare or overt military action

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Satellite Nations

nations politically and economically dominated or controlled by another more powerful country

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Iron Curtain

the political and military barrier that isolated Soviet-controlled countries after World War II

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Containment

the policy or process of preventing the expansion of a hostile power

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Limited War

a war fought with limited commitment of resources to achieve a limited objective, such as containing communism

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Massive Retaliation

a policy that involves threatening the use of nuclear weapons to avoid a potential war

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Brinkmanship

the willingness to go to the brink of war to force an opponent to back down

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Covert

not openly shown or engaged in; secret

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Developing Nation

a nation whose economy is mainly agricultural and is creating a basis for industrial development

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Military-Industrial Complex

an informal relationship that some people believe exists between the military and the defense industry to promote greater military spending and influence government policy

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Flexible Response

a military approach that relies more heavily on conventional means than it does on nuclear weapons