Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
104 Cards in this Set
- Front
- Back
- 3rd side (hint)
|
Characteristics of lassiez-faire economics |
-one of the guiding principles of capitalism |
Adam Smith
|
|
|
Socialism
|
A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
(left-wing) |
|
|
|
Marxists believe
|
-opposite of capitalism
-some believe have created a mentality of society that is very much a "them and us" one |
|
|
|
Classical Conservatism is
|
-mixed view of human nature
-self-interest eventually harmful -society is organic whole -equality is not important -society is hierarchy of layers -customs and traditions are important |
|
|
|
Welfare State
|
a state which is capitalist but the government uses policies to ensure economics stability
is a system whereby the government undertakes to protect the health and well-being of its citizens, especially those in financial or social need, by means of grants, pensions, and other benefits -the foundations for the modern state in the US were laid by the New Deal programs of President FDR |
|
|
|
Keynesian economics
|
The view that in the short run, especially during recession, economic output is strongly influenced by the demand (total spending in the economy)
-economic theory of total spending in the economy and its effects on output and inflation Keynes's theory became known as demand-side economics -Governments should spend more money & reduce taxes during a recession -During a boom governments should spend less money and increase taxes |
|
|
|
Hegemony
|
the political control exerted by one group over another
|
|
|
|
Canadian charter of rights and freedoms
|
ANS: individual rights and freedoms
|
|
|
|
***
|
Agricultural revolution comes 1st leads to industrial revolution
|
|
|
|
Enclosure Act
|
Creating mega farms (or movement)
|
|
|
|
Mercantilism
|
-primary goal of the economy is to strengthen the power and wealth of the state
|
|
|
|
Deregulation
|
-laws are taken away
|
|
|
|
Recession
|
government should spend money to reduce severity, and also should reduce taxes |
|
|
|
BOOM
|
government should spend less money to soften boom also raise taxes (people won't spend and have disposable income) |
|
|
|
Enabling Act
|
1933 |
|
|
|
Charles's Darwin
|
survival of the fittest
|
|
|
|
Social Darwinism
|
thought that applied to societies, cultures, and races
|
|
|
|
Eugenics
|
the improvement of a human species though selective breeding or genocide |
|
|
|
What does Nazi stand for
|
The National Socialist German Workers Party |
|
|
|
Who were the big four?
|
Wilson, USA |
|
|
|
Picture of Bulldog with no teeth
|
ANS: LEAGUE OF NATIONS |
|
|
|
Demilitarize
|
The Rhineland of Alsace-Lorraine |
|
|
|
What was the territorial losses imposed on Germany by the treaty of Versailles?
|
Alsace-lorraine |
|
|
|
Perspectives
|
US wanted peace rest of the world wanted money $$
|
|
|
|
League of Nations
|
AIMS: similar to United Nations |
|
|
|
League of Nations weakness'
|
-did not have military forces to halt aggression
-the United States refused to join the league of nations |
|
|
|
Isolationism - WW1
|
USA adopted policy of Isolationism |
|
|
|
Appeasement
|
WW2- appeasement=Chamberland. Britain
giving into Hitlers demand |
|
|
|
Anschluss
|
Joining with Austria
|
|
|
|
Sudelenland
|
Czech
|
|
|
|
Lebensraum
|
Living space
|
|
|
|
*EVENTS*
|
Attack on poland-Battle of Stalingrad- War with Soviet Union-Invasion of Normandy D-day- War ends Europe V-E Day |
|
|
|
Welmar Republic
|
Political parties in Germany
|
|
|
|
Russian Revolution WW1
|
Tsar Nicholas the 2nd (Team White)
Vs. Valdimir Llyich Lenin (Team red) -Bolsheviks party -Leader = Lenin -Civil war -WINS |
|
|
|
One-Party State
|
Cuba,North Korea, |
|
|
|
Techniques of Dictatorship
|
-Propaganda
-Controlled Participation -Directing Public Discontent -Terror |
|
|
|
Collectivization
|
Mega Farms
|
|
|
|
Kulaks
|
Rich land owners that opposed Stalin
|
|
|
|
Diplomacy
|
UN Speech
Cuba Missile Crisis |
|
|
|
Yalta Conference
|
Churchill,Stalin,Roosevelt
|
|
|
|
Results of Yalta
|
Germany divided into four zones |
|
|
|
Iron Curtain
|
Church hill
-divide, no info goes in or out |
|
|
|
Trueman Doctrine
|
containment policy |
|
|
|
Marshall Plan
|
"European recovery program"
(giving money to Europe) |
|
|
|
President Kennedy says
|
"we will help you" (to the west)
|
|
|
|
NATO stands for
|
North Atlantic Treaty Organization
|
|
|
|
Warsaw Pact
|
-Bronze broach, looks like a star
|
|
|
|
Espionage
|
Spying |
|
|
|
Picture of ground from U2 spy plane
|
-Brinkmanship
|
|
|
|
Detente
|
Cooling off period
-Reluction of nuclear weapons |
|
|
|
Neo-Conservatism
|
an ideology that emerged in the United States during the 1950s and 1960s as a reaction against modern liberal principles.
|
|
|
|
Brinkmanship
|
Is a policy or action which pushes a dangerous situation to its limit before stopping in hoping the opposing party will back down
|
|
|
|
SALT I and SALT II
|
Strategic Arms Limitation Talks
|
|
|
|
Assimilation
|
the act or process if assimilating or of absorbing information
-to make white |
|
|
|
Enfranchisement *SOURCE*
|
is a legal process for terminating a person's Indian status and conferring a full Canadain citizenship
|
|
|
|
White Paper
|
abolished treaties, the department of Indian affairs, and everything else that had kept the First Nations and Inuit people distinct from the rest of Canada
|
|
|
|
Red Paper
|
the name given to the National Indian Brotherhoods "Citizen Plus" which outlined their objections to the policy changes recommended in the Trudeau governments White Paper
|
|
|
|
Haudenosaunee
|
called the Iroquois confederacy by the French,and the league of Five Nations by the English, the confederacy is properally called the Haudenosaunee |
|
|
|
Realpolitik
|
refers to politics or diplomacy based primarily on practical considerations rather than ideological notions or moralistic premises. Int this respect, it shares aspects of it philosophical approach with those of realism
|
|
|
|
Welfare Capitalism
|
system tries to maintain the best of both worlds by maintaining the values of classical liberalism/capitalism while promoting government involvement in the economy to alleviate property employment insurance, social security, family allowances
|
|
|
|
Postmodernism
|
is another ideological school of thought that challenges liberalism, and is the period that follows modernism in the fields of art, literature, and philosophy, in Western societies
|
|
|
|
Extremism
|
is usually only used in a pejorative sense, and commonly refers to a belief system that is outside of the mainstream spectrum of beliefs
ex. environmental groups placing metal spikes in trees (Eco-terrorists) |
|
|
|
Credit Crunch
|
bad credit rating
|
|
|
|
Foreclosure
|
bank takes house because you cant pay mortgage
|
|
|
|
GDP
|
Gross Domestic Product |
|
|
|
Consumer Sovereignty
|
consumer knows best
|
|
|
|
Citizens and Government during times of conflict (SOURCE)
|
ANSWER: Canada War Measures Act
|
|
|
|
Principles of Collectivism
|
-economic equality
-cooperation -public property -collective interest -collective responsibility -adherence to collective norm |
|
|
|
What are the basic beliefs and principles of liberal democracy?
|
-rule of law
-free press -persuasion (process aimed at changing a persons or groups attitude or behavior) not force will be used -tolerate individual differences -political choices must be available -courts must be independent |
|
|
|
Who were the most influential proponents of liberal democracy?
|
John Locke
Thomas Jefferson John Stuart Mills |
|
|
|
(Source) Robots, steel
|
ANSWER: Fixed Capital
|
|
|
|
(Source) Of percentage of foreign investment in Canada
|
Graph, Where is equilibrium |
|
|
|
Cold War
|
the political, economic,and social struggle between the Soviet Union and its allies, and the United States and its allies, and the conducted using propaganda, economic measures, and espionage rather than military means
|
|
|
|
Potsdam Conference
|
The Potsdam Conference, 1945. The Big Three—Soviet leader Joseph Stalin, British Prime Minister Winston Churchill (replaced on July 26 by Prime Minister Clement Attlee), and U.S. President Harry Truman—met in Potsdam, Germany, from July 17 to August 2, 1945, to negotiate terms for the end of World War II.
|
|
|
|
Expansionism
|
Superpowers -arms race,propaganda war
Cold war Spheres of Influence Buffer States Satellites |
|
|
|
Nazi Fascism
|
propaganda, youth movements, terror and force, SS, scapegoats, racial superiority
|
|
|
|
McCarthyism
|
a campaign against alleged communists in the US government and other institutions carried out under Senator Joseph McCarthy in the period 1950–54. Many of the accused were blacklisted or lost their jobs, although most did not in fact belong to the Communist Party. |
|
|
|
(SOURCE) Of Canadian and US military badge
|
ANSWER: NORAD
|
|
|
|
START stands for
|
Strategic arms race territory
|
|
|
|
Helsinki Accord
|
Bring Quebec into the institution of 1982 |
|
|
|
The values of neo-conservatism include
|
Deregulation, privitization, foreign policy, morality, Milton Friedman, Ronald Reagan, Margaret Thatcher, Ralph Klein
|
|
|
|
Postmodernism extremism
|
Neo-nazi groups
Anarchists Anti-establishment/government groups FLQ Al Qaeda Red Army Faction Other contemporary events |
|
|
|
Direct Democracy
|
Direct democracy (also known as pure democracy) is a form of democracy in which people decide (e.g. vote on, form consensus on) policy initiatives directly. |
|
|
|
Representative Democracies
|
Representative democracy (also indirect democracy) is a variety of democracy founded on the principle of elected officials representing a group of people, as opposed to direct democracy.
|
|
|
|
Executive branches
|
The branch of federal and state government that is broadly responsible for implementing, supporting, and enforcing the laws made by the legislative branch and interpreted by the judicial branch.
|
|
|
|
Legislative branches
|
The legislative branch is the part of the United States government that creates laws. Whenever you read about congresspeople in the Senate or House debating a law, you're reading about the legislative branch: thebranch of the government that writes, debates, and passes laws. Making laws can be called legislating. |
|
|
|
Judicial Branches
|
The judicial branch is the part of the U.S. government that interprets the law and administers justice
|
|
|
|
Multiparty system
|
A multi-party system is a system in which multiple political parties have the capacity to gain control of government offices, separately or in coalition. |
|
|
|
Tariff
|
-Tax on imported goods |
|
|
|
Principles of Liberalism
|
Self-interest
Competition Economic Freedom Rule of Law Private Propety |
|
|
|
Principles of Collectivism
|
Collective Interest
Cooperation Collective responsibility Economic equality Adherence to collective norms |
|
|
|
*Spectrums* |
COLLECTIVISM (LEFT-WING) |
|
|
|
John Stuart Mills |
was a British philosopher, political economist and civil servant. He was an influential contributor to social theory, political theory and political economy. He has been called "the most influential English-speaking philosopher of the nineteenth century". Mill's conception of liberty justified the freedom of the individual in opposition to unlimited state control. |
|
|
|
Fiscal Policy |
is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
It is the sister strategy to monetary policy through which a central bank influences a nation's money supply. |
|
|
|
Anarchists |
is a political philosophy that advocates stateless societies often defined as self-governed voluntary institutions, but that several authors have defined as more specific institutions based on non-hierarchical free associations. Anarchism holds the state to be undesirable, unnecessary, or harmful. |
No government involvement |
|
|
Edmund Burke |
Mainly, he is remembered for his support of the cause of the American Revolutionaries, and for his later opposition to the French Revolution. |
opposition to ________ ____________. |
|
|
Jean-Jacques Rousseau |
The people should make laws directly rather than have laws imposed upon them by high authorities. In order to ensure stability and security, people must, however, accept the role of government to enforce the general will of society. |
|
|
|
Thomas Hobbes |
Government by a strong ruler is necessary in order to prevent people from violently pursuing their own self-interest. Therefore, people must give up their natural right to liberty in exchange for protection from harm. |
|
|
|
Supply-side economics |
Supply-side economics is a school of macroeconomics that argues that economic growth can be most effectively created by lowering barriers for people to produce (supply) goods and services as well as invest in capital. |
|
|
|
The Great Purge
|
Lasted from 1936 to 1938 When Stalin realized that even members of the politburo dared to oppose him, he initiated a period of political repression now know as the Great Purge The most widely publicized aspects of the purge were three group trials of senior party members and high-ranking members of the armed forces. Most of the surviving "Old Bolsheviks"-members who had joined the Communist party before the revolution in 1917- were convicted and executed or sent into exile. By 1939 there were at least 1.3 million people in the camps.
|
|
|
|
Sherman Anti-Trust Act
|
to prevent collusion and monopolies between competing companies in an industry
|
|
|
|
Stock Market Crash of 1929
|
-People began borrowing money to invest in the stock market on the assumption that prices would contunie to rise
-When prices on the New York Stock Exchange finally stopped rising people began selling their stocks to take profits before prices dropped further. This profit-taking led prices to drop further and more investors began selling their stocks. - Panic selling caused prices to fall. |
|
|
|
Roosevelt's New Deal
|
was a series of programs that focused on relief,reform, and recovery- specifically relief to the unemployed, reform to the economy, and the recovery from the Depression.
|
|
|
|
Monetarism: Friedman and Hayek
|
It can be argued that the shift toward classical liberal laissez-fair economics in the form of monetarism
-Economic pendulum which alternates between interventionism and the free-market economy |
|
