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Studying and making connections is the key to succes!

Terms to Know-

See if the highlighted connections help you remember!

Abolition- The act of doing away with something, such as the abolitionist movement to eliminate slavery.

Absolute AdvantageThe ability of one country or company, using the same quantity of resources as another country or company, to produce a particular product at a lower absolute cost.

Absolute Monarchy- A hereditary ruler controls all of the functions of government, for example, the tsars of Russia.

AbsolutismA system of government in which a monarch is the only source of power. 

Agrarian SocietyA society in which people make a living from farming. 

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Alliances- Formal agreements among nations to cooperate and provide for mutual defense. 

AmendmentsChanges or an addition to a constitution or law. 

Antitrust Legislation- Laws passed by federal and state governments to prevent new monoplies and break up existing ones. 

Apartheid- A policy that keeps races seperate, such as South Africa until 1989. 

Appeasement- A policy of giving into an agressor's demands in order to keep the peace. 

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Assimilation- Being absorbed into or adopting characteristics of another culture.

BiasA perspective, preference, or inclination that inhibits impartial judgement. 

BlacklistA list of individuals or organizations that have incurred disapproval or suspicion or are to be boycotted or otherwise penalized. 

Buying on Margin- Paying a fraction of the cost for an item. 

Capitalism- An economy in which private individuals own the means of production; a market economy. 

UNLIMITED PRACTICE 

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