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57 Cards in this Set

  • Front
  • Back
Citadel
a fortress occupying a commanding height.
Contiguous
joined together by common borders.
Folklore
the common traditions and stories of a people.
Immunity
freedom or exemption from some imposition.
Irrigation
watering land artificially, through canals, pipes, or other means.
loan shark
a person who lends money at an exorbitant or illegal rate of interest.
Nomadic
a way of life characterized by frequent movement from place to place for economic sustenance.
Probationary
concerning a period of testing or trial, after which a decision is made based on performance.
Prophet
a person believed to speak with divine power or special gifts, sometimes including predicting the future.
Reservation
public lands designated for use by Indians.
safety valve
anything, such as the American frontier, that allegedly serves as a necessary outlet for built-up pressure, energy, and so on.
Serfdom
the feudal condition of being permanently bound to land owned by someone else.
Ward
someone considered incompetent to manage his or her own affairs and therefore placed under the legal guardianship of another person or group.
war of attrition
form of warfare based on deprivation of food, shelter, and other necessities; if successful, it drives opponents to surrender out of hunger or exposure.
Censure
an official statement of condemnation passed by a legislative body against one of its members or some other official of government. While severe, a censure itself stops short of penalties or expulsion, which is removal from office.
civil service
referring to regular employment by government according to a standardized system of job descriptions, merit qualifications, pay, and promotion, as distinct from political appointees who receive positions based on affiliation and party loyalty.
Coalition
a temporary alliance of political factions or parties for some specific purpose.
Consensus
common or unanimous opinion.
Contraction
in finance, reducing the available supply of money, thus tending to raise interest rates and lower prices.
Deflation
an increase in the value of money in relation to available goods, causing prices to fall.
fraternal organization
a society of men drawn together for social purposes and sometimes to pursue other common goals.
Kickback
the return of a portion of the money received in a sale or contract, often secretly or illegally, in exchange for favors.
laissez-faire
the doctrine of noninterference, especially by the government, in matters of economics or business (literally, "leave alone.")
lien
a legal claim by a lender or another party on a borrower's property as a guarantee against repayment, and prohibiting any sale of the property.
pork barrel
in American politics, government appropriations for political purposes, especially projects designed to please a legislator's local constituency.
unsecured loans
money loaned without identification of collateral (existing assets) to be forfeited in case the borrower defaults on the loan.
Anarchist
political belief that all organized, coercive government is wrong in principle, and that society should be organized solely on the basis of free cooperation.
Cooperative
an organization for producing, marketing, or consuming goods in which the members share the benefits.
free enterprise
an economic system that permits unrestricted entrepreneurial business activity; capitalism.
Lockout
the refusal by an employer to allow employees to work unless they agree to his or terms.
Plutocracy
government by the wealthy.
Pool
in business, an agreement to divide a given market in order to avoid competition.
Rebate
a return of a portion of the amount paid for goods or services.
regulatory commission
in American government, any of the agencies established to control a special sphere of business or other activity; members are usually appointed by the president and confirmed by Congress.
Social Darwinism
philosophical argument, inspired by Charles Darwin's theory of evolution, that competition in a human society produced the "survival of the fittest" and therefore benefited society as a whole. Social Darwinism opposes efforts to regulate competitive practices.
Socialist
political belief in promoting social and economic equality through the ownership and control of the major means of production by the whole community rather than by individuals or corporations.
Syndicate
an association of financiers organized to carry out projects requiring very large amounts of capital.
Trust
a combination of corporations, usually in the same industry, in which stockholders trade their stock to a central board in exchange for trust certificates.
vertical integration
a single company's control of the activities in the process of creating a manufactured product--from raw materials to the selling of the final product.
yellow dog contract
a labor contract in which an employee must agree not to join a union as a condition of holding the job.
Agnostic
one who believes that there can be no human knowledge of any God or gods.
Assimilation
among immigrants, the process of adapting to the new society in which they found themselves.
behavioral psychology
the branch of psychology that examines human action, often considering it more important than mental or inward states.
Feminist
one who promotes complete political, social, and economic equality of opportunity for women.
Fundamentalism
a conservative Protestant who rejects religious modernism and adheres to a strict and literal interpretation of Christian doctrine and Scriptures.
holding company
company that exists to own other companies, usually through controlling interest in their stocks.
Megalopolis
an extensive, heavily populated area, containing several dense urban centers.
Parochial
concerning a religious parish or small district. (By extension, the term is used, often negatively, to refer to narrow or local perspectives as distinct from broad or cosmopolitan outlooks.)
Pauper
a poor person, often one who lives on tax-supported charity.
Prohibition
forbidding by law the manufacture, sale, or consumption of liquor.
Sweatshop
a factory where employees are forced to work long hours under difficult conditions for meager wages.
Syndicated
in journalism, material that is sold by an organization for publication in several newspapers.
Tenement
a multidwelling building, often poor or overcrowded.
Tycoon
a wealthy businessperson, especially one who openly displays power and position.