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16 Cards in this Set
- Front
- Back
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abuses of power |
efforts by officials to use their offices in corrupt ways |
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capitalism |
an economic system based on private ownership of property |
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consumer debt |
money people owe to banks or stores for goods they have purchased |
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cost of living |
the average cost of the basic necessities of life |
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czar |
Emperor of Russia |
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disarm |
to reduce weapons |
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interest rate |
the charge for a loan |
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living wage |
wage needed to keep a person or family out of poverty |
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national debt |
the money the government owes from borrowing or issuing bonds |
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national income |
the total amount of money earned by individuals and businesses in one nation |
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psychology |
study of the way people think |
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radicals |
people in favor of revolutionary change |
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reparations |
payment to make up for damages |
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socialists |
people who believe in an economic based on government control over the economy and on equal distribution of wealth |
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status symbol |
something that shows that its owner is a person of high rank |
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suburbs |
the residential area around a major city |
