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13 Cards in this Set

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official ideology of the soviet union, characterzied there by complete govnt ownership of land and property
communism
an economy that depends on a large amount of spending by consumers
consumer economy
intense fear of communism and other politically radical ideas
Red scare
policy of avoiding political or economic alliances with foreign countries
Isolationism
a payment plan that allows customers to make payments at set intervals
installment plan
program in which the nations of the world voluntarily give up their weapons
disarment
scandel during the harding administration involving the granting of oil drilling rights
teapot dome scandel
agreement signed in 1928 in which nations agreed not to pose the threat of war
kellogg braind pact
total annual value of goods and services a country provides
gross national product
manufactoring process in which each worker does on specialized task
assembly line
an option that allowed investors to purchase a stock
buying on margin
the practice of making high risk investments
speculation
an approach to labor relations in which companies meet some of thir workers needs
welfare capitalism