Units 12 And 13 Vocabulary Question Preview (ID: 45871)


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a time of economic slowdown
a) recession
b) inflation
c) credit
d) on margin

long period of very low economic activity combined with very high unemployment that lasted more than 10 years
a) recession
b) depression
c) protectionism
d) expansionism

a general increase in price and fall in purchasing value of money
a) communism
b) recession
c) inflation
d) on margin

a piece (or share) of a company sold to the public to help finance a company
a) credit
b) stock
c) on margin
d) inflation

a “place” that stocks can be sold or purchased
a) communism
b) recession
c) New Deal
d) stock market

Ability of a customer to get goods or services before payment (think credit card or a loan)
a) credit (on margin)
b) inflation
c) expansionism
d) protectionism

Sudden decline of stock prices in the stock market; usually resulting in significant loss in value of money
a) protectionism
b) stock market crash
c) New Deal
d) recession

October 29, 1929 the stock prices on the New York Stock Exchange collapsed
a) Black Friday
b) Black Thursday
c) Black Monday
d) Black Tuesday

created by President Franklin D. Roosevelt designed to help America during the Great Depression
a) protectionism
b) New Deal
c) protectionism
d) expansionism

an economic policy of preventing trade between nations
a) protectionism
b) New Deal
c) expansionism
d) totalitarian governments

system in which leaders have total control over the way citizens think and live
a) New Deal
b) totalitarian governments
c) collectivization
d) expansionism

no class structure; everyone works to support everyone
a) democracy
b) capitalism
c) Nazism
d) socialism

political movement that emphasized an extreme form of nationalism and power to the state
a) collectivization
b) fascism
c) expansionism
d) protectionism

type of socialism; society where industry, production, and business must be controlled by the whole society (usually government)
a) communism
b) protectionism
c) expansionism
d) totalitarian government

government took control of all farms and combined them into huge government-controlled farms to increase food production in the Soviet Union
a) collectivatization
b) communism
c) nazism
d) expansionism

the “removal” of anyone that did not support Joseph Stalin, or the Communist Party in the Soviet Union
a) collectivization
b) Great Purge
c) Anti-Semitism
d) expansionism

discrimination against people of the Jewish faith
a) Great Purge
b) collectivization
c) Anti-Semitism
d) Nazism

the policy of territorial or economic expansion that Japan used to become a world power prior to WWII
a) expansionism
b) protectionism
c) collectivization
d) fascism

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