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official idealogy of the Soviet Union, chararcterized there by complete government ownership of land and property, single-party control of the government, the lack of individual rights, and the call for worldwide revolution |
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intense fear of communism and other politically radical ideas |
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policy of avoiding political or economic alliances with foreign countries |
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program in which countries of the world voluntarily give up their weapons |
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a scandal during the Harding administration involving the granting of oil-drilling rights on government land in return for money |
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agreement signed in 1928 in which nations agreed not to pose the threat of war against one another |
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an economy that depends on a large amount of spending by consumers |
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a payment plan that allows consumers to make payments on set intervals over a period of time until the total debt is paid |
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Gross National Product (GNP) |
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total annual value of goods and services a country produces |
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a manufacturing process in which each worker does one specialized task in the construction of the final product |
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an approach to labor relations in which companies meet some of their workers' needs without prompting by unions, thus preventing strikes and keeping productivity high |
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the practice of making high-risk investments in hopes of getting a huge return |
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an option that allowed investors the option of buying a stock for only a fraction of its price and borrow the rest |
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