Term
Why were corporations invented? |
|
Definition
Corporations were invented to raise money by selling off percentages of the corporation, or they want a bigger company and need money to do so |
|
|
Term
Monopolies and competition; why is competition good for consumers? |
|
Definition
A monopoly is a company that controls all or nearly all of the business of an industry. Competition is good because companies will raise or lower their price and quality to get customers. |
|
|
Term
Stock markets, researching stocks, and investing |
|
Definition
Stock market is a place to buy stocks (percentage of a company). |
|
|
Term
|
Definition
WHATEVER SOMEONE IS WILLING TO SELL YOU FOR ONE |
|
|
Term
What is imperialism, and is it justifiable? |
|
Definition
Imperialism a. economic b. competitive c. religious/cultural Imperialism is the policy for powerful countries seeking to control weaker countries. It is not justifiable |
|
|
Term
Historical examples of U.S. and European imperialism |
|
Definition
Samoa-Fine harbor that could serve as naval base and commercial port. Germany and America fought over Samoa, US and Germany split it. Hawaii-Rich soil, warm climate, rainfall (able to grow crops all times of years)On the American's way to china to sell goods they stopped in Hawaii (some settled there) Guam-Territory/bases. US fought Spain in the same war with Cuba. Puerto Rico-Territory. US troops landed in Puerto Rico and claimed it. Cuba-Territory. We fought Spain in a war and won The Philippines-More naval bases and territory power.The Spanish-American war would lead there |
|
|
Term
What were the causes of WWI |
|
Definition
Militarism Alliances Imperialism Nationalism Significant individuals and events |
|
|
Term
How did the US get into the war |
|
Definition
First US policy: Neutrality, but than German Uboats attacked neutral shipping, lusitania sunk, zimmerman telegram sent to mexico telling them to attack the US |
|
|
Term
The brutality of WWI, trench warfare |
|
Definition
MILLIONS UPON MILLIONS DIED. Trench warfare was when they built trenches, hid in them, and would shoot each other. |
|
|
Term
Impact of the war on the U.S. during and afterwards |
|
Definition
US army more literate and educated, many died,allies |
|
|
Term
Treaty of Versailles and Wilson’s 14 Points |
|
Definition
Treaty of Versailles- a. surrender of all German colonies b. demilitarization and a 15 year occupation of the Rhineland c. German reparations over 300 billion dollars d. ban on the union of Germany and Austria e. Germany accepts guilt for causing WWI
14 points 1. end secret agreements 2. freedom seas 3. free trade 4. limit on arms production 5.redraw borders 6.redistribute worlds colonies 7.league of nations |
|
|