Download Glossary of Key Terms in Economics and International Relations and more Quizzes Local Government Studies in PDF only on Docsity!
Isolationism
the U.S. policy of avoiding estranging alliances with European powers. TERM 2
Protectionism
DEFINITION 2 A trade policy wherein a country takes steps to limit the import of foreign goods through tariffs and subsidies to domestic films. TERM 3
World Bank
DEFINITION 3 International governmental organization created to provide loans for large economic development projects. TERM 4
Taliban
DEFINITION 4 A fundamentalist Islamic group that controlled Afghanistan from 1996 until U.S. military intervention in 2001. TERM 5
Human
Rights
DEFINITION 5 The protection of people's basic freedoms and needs.
Collective Security
The idea that an a attack on one country is an attack on all countries. TERM 7
Berlin
Wall
DEFINITION 7 A barrier built by East Germany by 1961 to cut off democratic West Berlin from communist East Berlin. TERM 8
Recession
DEFINITION 8 A decline in the economy that occurs as investment sags production falls off, and unemployment increases. TERM 9
Laissez Faire
DEFINITION 9 French term meaning "to allow to do, to leave alone." It holds that active governmental involvement in the economy iswrong. TERM 10
Inflation
DEFINITION 10 A rise in the general price levels of an economy.
Medicaid
A government program that subsidizes medical care for the poor. TERM 17
Global Warming
DEFINITION 17 The increase in global temperatures due to carbon emissions from burning fossil fuels such ascoal and oil. TERM 18
Domestic Policy
DEFINITION 18 A category of public policy that includes a broad and varied range of government programs affecting the lives of citizens within a country. TERM 19
Agenda Setting
DEFINITION 19 The process of formingthe list of issues to be addressed by government.
