Things To Still Review (pt 1)

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5 Terms

1
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socialism in one country

Stalin’s arguement that socialism could be built and consolidated within the USSR even without immediate successful revoltuionary movements

2
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permanent revolution

Leon Trotsky’s arguement that a successful socialist revolution ultimately depended on supporting international revolutionary movements.

3
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lebensraum

Nazi concept of territorial expansion for German “living spaces”

4
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stagflation

High inflation combined with economic stagnation/high unemployment

5
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monetarism

The economic approach of controling money suppy and inflation through monetary policy