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20 Cards in this Set
- Front
- Back
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Industrial Revolution
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started in mid-18th Century, during which machines replaced hand tools, and steam and electricity took the place of human and animal power.
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Infant Mortality
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The probability of death during the first year of life, usually stated as a number per 1000 births.
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Interdependence
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depending on each other
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Nationalism
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pride and loyalty to one's country
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Migration
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movement of people
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Free Trade
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exchange of goods across political borders without restrictions such as tariffs and quotas
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Stereotype
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an idea that many people have about a thing or group and that may often be untrue or only partly true.
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Birthrate
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Number of births per 1000 people
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Urbanization
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The process by which cities grow or by which societies become more urban.
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Market Economy
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economic system in which decisions on production and consumption are made by individuals acting as buyers and sellers.
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Mixed Economy
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An economic system in which decisions on production and consumption are made by individuals acting as buyers and sellers.
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Westernization
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to influence or make familiar with the customs, practices, etc, of the West
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Cold War
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Following WWII, a period of political and economic struggle between the democratic nations of the West, led by the U.S. and the the communist bloc, led by the Soviet Union.
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Imperialism
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A policy used by strong countries to gain social, political, and economic control over foreign territories.
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Protectionism
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Government policies that favor domestic products over imported goods.
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Tariff
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A government tax on imports, to help protect domestic businesses from foreign competition
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Discrimination
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unfair treatment of a person or group based on a variety of prejudices
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Death rate
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Number of deaths per 1000 people
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Traditional Economy
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economic system in which decisions on production and consumption are based upon customs, beliefs, rituals and habits
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Command Economy
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economic system in which all decisions on production and consumption are made by a central government.
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