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104 Cards in this Set

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Characteristics of lassiez-faire economics

-one of the guiding principles of capitalism
-economic system should be free from government intervention, only should be driven by the market forces
-Adam smith believed in it

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
(elimination of opposition)

-Hitler used communist threat and the ensuing panic it caused in the population to call new elections to pass enabling act.
made it possible for government to:
-restrict personal freedom, freedom of opinion, freedom of the press, and freedom of organization of assembly
-eliminate the privacy of mail, telegrams, and telephone conversations
-eliminate the need for warrants to conduct searches
-pass legislation through the office of the chancellor without the approval of the Reichstag
-ban all political parties except the Nazi party


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
Lloyd George, Great Britain
Orlando, Italy
Clemenceau, France


Picture of Bulldog with no teeth

ANS: LEAGUE OF NATIONS
has no teeth nothing to back it up


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
-Promote world health
-resolve refugee problem
-prevent war and promote disarmament
-protect independance


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,
-Only one party forms the government, no other parties permitted to run candidates for election


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
-British,American,Soviet, and French


Iron Curtain
Church hill
-divide, no info goes in or out

Trueman Doctrine

containment policy
(gave $400 million to Greece and Turkey)
GREASY TURKEY


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
amount of money a government makes


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
ANSWER: where it meets


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
-protects industries to Canada


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)
INDIVIDUALISM (RIGHT-WING)

ADAM SMITH (RIGHT-WING)
KARL MARX (LEFT-WING)
ROBERT OWEN (Almost 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