latin america

oligarchies

 a form of government in which a small group holds all the power to rule

elite

a group of persons who occupy a privileged position in society, often due to birth and/or education and who have power and influence

General Porfirio Díaz

mexican general and president

strike

a form of protest in which workers refuse to work

unemployment insurance

money paid by governments to workers who cannot find jobs

nationalized

to transfer something from private ownership to ownership by the government

great depression

Economic downturn that impacted the entire world

costoms

taxes that must be paid to the government on goods brought in from other countries

creditor

 a person or company to whom money is owed