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12 Cards in this Set

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an economy in which the setting of prices and allocating of resources are determined largely by the forces of supply and demand and that permits an open exchange of goods and services between producers and consumers. Also know as the free market
market economy
an invisible wall that separate the capitalist west nations from the communist east
iron curtain
the reduction of armed forces and weapons
disarmament
a system of government marked by centralization of authority under a dictator, stringent socioeconomic controls, suppression of the opposition through terror and censorship, and usually a policy of belligerent nationalism and racism.
fascism
a condition in which production of goods exceeds the demand for them.
overproduction
deliberate murder of an entire race or ethnic group
genocide
business or industry in which goods are unique because they are produced primarily at home by family members using their own equipment
cottage industry
sudden attacks where airfields, factories, towns, and cities are bombed
blitzkriegs
U.S. foreign policy which limited communism to the areas already under Soviet control
containment
hatred of all Jews
ant-semitism
penalties for violating international law
sanctions
giving into the demands of an aggressor to keep the peace
appeasement