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Economic decisions are shared by the govt & the people
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Mixed Economy Economic decisions are shared by the govt & the people.

Dec 15, 2015

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Nikki Arthur
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Page 1: Mixed Economy Economic decisions are shared by the govt & the people.

Mixed Economy Economic decisions are shared by the govt & the people

Page 2: Mixed Economy Economic decisions are shared by the govt & the people.

Market EconomyEconomic decisions

are made by individuals or the

open market.

Page 3: Mixed Economy Economic decisions are shared by the govt & the people.

Laissez-faireHands off—no govt

intervention in business

Page 4: Mixed Economy Economic decisions are shared by the govt & the people.

Tariff

Tax on imports

Page 5: Mixed Economy Economic decisions are shared by the govt & the people.

Traditional economyEcon. decisions made

by customs, religion, & other ideas handed down generation to

generation.

Page 6: Mixed Economy Economic decisions are shared by the govt & the people.

Command economyEconomic decisions

are made by the government

Page 7: Mixed Economy Economic decisions are shared by the govt & the people.

tradeA purchase or sale

made with or without money

Page 8: Mixed Economy Economic decisions are shared by the govt & the people.

importGoods coming into a

country(In=Import)

Page 9: Mixed Economy Economic decisions are shared by the govt & the people.

ExportGoods going out of a

country(Exit=Export)

Page 10: Mixed Economy Economic decisions are shared by the govt & the people.

Embargo/BlockadeGovt restiction of

business/trade

Page 11: Mixed Economy Economic decisions are shared by the govt & the people.

ConstitutionThe United States’

Supreme Law of the Land

Page 12: Mixed Economy Economic decisions are shared by the govt & the people.

Legislative BranchBranch that makes

the laws (Congress= Senate +

House of Rep)

Page 13: Mixed Economy Economic decisions are shared by the govt & the people.

Executive BranchBranch that enforces

the law(Pres, military, law

enforcement)

Page 14: Mixed Economy Economic decisions are shared by the govt & the people.

Judicial branch Branch that interprets

the laws, makes sure they abide by the Constitution

(Supreme Court)

Page 15: Mixed Economy Economic decisions are shared by the govt & the people.

Checks & BalancesSystem put into place

to make sure the 3 branches of govt do no become too powerful

Page 16: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 1Freedom of press, speech, petition,

assembly, & religion

Page 17: Mixed Economy Economic decisions are shared by the govt & the people.

libelPrinting things that

are lies is not freedom of the

presss

Page 18: Mixed Economy Economic decisions are shared by the govt & the people.

slanderSaying things that

you know are lies is not freedom of

speech

Page 19: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 13Abolishing

slavery

Page 20: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 14Everyone born in the US or naturalized are citizens; due process

of law

Page 21: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 15African Amer. men

are given the right to vote

Page 22: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 16Congress can

order/collect income tax

Page 23: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 17Direct election of

senators

Page 24: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 18Prohibition

Page 25: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 19Women’s right to

vote

Page 26: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 24Poll taxes

are banned

Page 27: Mixed Economy Economic decisions are shared by the govt & the people.

Amend 26Lowered the voting age to 18 (from 21)

Page 28: Mixed Economy Economic decisions are shared by the govt & the people.

Enlightenment17th century intellectual movement that worked to limit the power of the

govt & church

Page 29: Mixed Economy Economic decisions are shared by the govt & the people.

John LockeBeliever in natural rights: life, liberty,

property (now pursuit of happiness in our

constitution)

Page 30: Mixed Economy Economic decisions are shared by the govt & the people.

MontesquieuBelieved in the

separation of powers (3 branches of govt)

Page 31: Mixed Economy Economic decisions are shared by the govt & the people.

VoltaireFreedom

of speech

Page 32: Mixed Economy Economic decisions are shared by the govt & the people.

Absolute MonarchyForm of govt in

which the king/queen has all of

the power

Page 33: Mixed Economy Economic decisions are shared by the govt & the people.

Presidential Democracy

Form of govt in which people vote for most things, including the

leader

Page 34: Mixed Economy Economic decisions are shared by the govt & the people.

DictatorshipForm of govt in which

the leader usually takes over by military force &

has all the power

Page 35: Mixed Economy Economic decisions are shared by the govt & the people.

Parliamentary Democracy

Form of govt in which people vote for the leg.

body, which in turn selects the prime minister

Page 36: Mixed Economy Economic decisions are shared by the govt & the people.

Constitutional Monarchy

Form of govt in which the king/queen’s power is limited by written law

Page 37: Mixed Economy Economic decisions are shared by the govt & the people.

TheocracyForm of govt ruled by

religious leaders

Page 38: Mixed Economy Economic decisions are shared by the govt & the people.

AbsolutismHaving complete &

unrestricted power in govt (monarch)

Page 39: Mixed Economy Economic decisions are shared by the govt & the people.

Divine RightA ruler’s belief that God gave them the right to have power

over a country

Page 40: Mixed Economy Economic decisions are shared by the govt & the people.

OligarchyGovt in which a few

people have all of the power

Page 41: Mixed Economy Economic decisions are shared by the govt & the people.

PopulistsReform group that

represented the farmers

Page 42: Mixed Economy Economic decisions are shared by the govt & the people.

ProgressivesReform group that tried to end child

labor & limit power of big businesses

Page 43: Mixed Economy Economic decisions are shared by the govt & the people.

ImmigrationMoving into a new a new country to settle

(i=in)

Page 44: Mixed Economy Economic decisions are shared by the govt & the people.

EmigrationMoving out of a

country to settle in another(e=exit)

Page 45: Mixed Economy Economic decisions are shared by the govt & the people.

Industrial RevolutionChange in the way things were made; made in factories

instead of by hand

Page 46: Mixed Economy Economic decisions are shared by the govt & the people.

Assembly LineAllows mass

production, and prices to fall as

supply increases

Page 47: Mixed Economy Economic decisions are shared by the govt & the people.

slumsTenements; extreme poor living conditions

caused by rapid urbanization

Page 48: Mixed Economy Economic decisions are shared by the govt & the people.

MonopolyWhen one company

completely dominates an

industry

Page 49: Mixed Economy Economic decisions are shared by the govt & the people.

urbanizationPeople moved from

rural areas to cities in order to be closer to

factories

Page 50: Mixed Economy Economic decisions are shared by the govt & the people.

Labor UnionsCreated in response to

horrible working conditions; fought for better pay & working

conditions

Page 51: Mixed Economy Economic decisions are shared by the govt & the people.

NAACPGroup fighting for African American

rights

Page 52: Mixed Economy Economic decisions are shared by the govt & the people.

suffrageThe right to vote

Page 53: Mixed Economy Economic decisions are shared by the govt & the people.

cooperativeGroup that pools

members resources to sell products directly to

markets & buy goods at wholesale prices

Page 54: Mixed Economy Economic decisions are shared by the govt & the people.

subsidyGovt payment made

to farmers

Page 55: Mixed Economy Economic decisions are shared by the govt & the people.

KickbackPayments of part of the earnings of a job

(not always legal!)

Page 56: Mixed Economy Economic decisions are shared by the govt & the people.

graftAcquisition of money or political power through

illegal/dishonest methods

Page 57: Mixed Economy Economic decisions are shared by the govt & the people.

reparationsHigh payments

Germany had to make bc it lost WWI

Page 58: Mixed Economy Economic decisions are shared by the govt & the people.

League of NationsPeace keeping

organization after WWI that was unsuccessful

Page 59: Mixed Economy Economic decisions are shared by the govt & the people.

imperialismOne country taking

over another to gain power

Page 60: Mixed Economy Economic decisions are shared by the govt & the people.

White Man’s BurdenIdea that white man

must “civilize” undeveloped nations

Page 61: Mixed Economy Economic decisions are shared by the govt & the people.

Open Door PolicyPolicy of equal trading rights for all countries

within China; proposed by US, not China

Page 62: Mixed Economy Economic decisions are shared by the govt & the people.

nationalismStrong love &

devotion for ones country

Page 63: Mixed Economy Economic decisions are shared by the govt & the people.

militarismCompetition of

creating the most powerful combat

group

Page 64: Mixed Economy Economic decisions are shared by the govt & the people.

alliancesCountries making

agreements to assist each other in times

of need

Page 65: Mixed Economy Economic decisions are shared by the govt & the people.

isolationismThe US stance on foreign

policy after WWI—if a conflict didn’t involve us, we were staying out of it

Page 66: Mixed Economy Economic decisions are shared by the govt & the people.

4 Causes of WWIMilitarismAlliances

ImperialismNationalism

Page 67: Mixed Economy Economic decisions are shared by the govt & the people.

Fourteen PointsWilson’s plan for

peace following WWI

Page 68: Mixed Economy Economic decisions are shared by the govt & the people.

Treaty of VersaillesTreaty to end WWI—very harsh towards

Germany

Page 69: Mixed Economy Economic decisions are shared by the govt & the people.

Harlem RenaissanceA literary & artistic

movement in the 1920s in which African Amer.

Brought their culture to the north

Page 70: Mixed Economy Economic decisions are shared by the govt & the people.

Great MigrationMovement of African American from South

to north for jobs

Page 71: Mixed Economy Economic decisions are shared by the govt & the people.

Red Scare Fear of communism in the US during the

1920s

Page 72: Mixed Economy Economic decisions are shared by the govt & the people.

Great Depression*Stock market crash

*bank failure*overproduction

*overspending/debt*High unemployment

Page 73: Mixed Economy Economic decisions are shared by the govt & the people.

New DealPrograms/policies set

up in 1930s by FDR to help social reform & economic recovery

Page 74: Mixed Economy Economic decisions are shared by the govt & the people.

NATOAlliance of

democratic nations following WWII

Page 75: Mixed Economy Economic decisions are shared by the govt & the people.

Warsaw PactAlliance of communist

dictatorships following WWII

Page 76: Mixed Economy Economic decisions are shared by the govt & the people.

IsraelNew nation created

for Jews fleeing Europe during WWII

Page 77: Mixed Economy Economic decisions are shared by the govt & the people.

Pearl HarborUS naval base that was attacked which

led to the US involvement in WWII

Page 78: Mixed Economy Economic decisions are shared by the govt & the people.

United NationsPeace keeping

organization created after WWII. The US

joined this organization.

Page 79: Mixed Economy Economic decisions are shared by the govt & the people.

HolocaustHitler’s mass

extermination of Jews & other undesirables

Page 80: Mixed Economy Economic decisions are shared by the govt & the people.

AppeasementGiving into Hitler’s

demands in hopes that he would be satisfied

& prevent a war

Page 81: Mixed Economy Economic decisions are shared by the govt & the people.

SocialismEconomic system where the govt or workers own

most of the factories, utilitites, transportation,

& communication systems

Page 82: Mixed Economy Economic decisions are shared by the govt & the people.

Axis/Central PowersMilitary alliance

between Germany & Italy during WWII,

later joined by Japan

Page 83: Mixed Economy Economic decisions are shared by the govt & the people.

Allied PowersAlliance between

Great Britain & France in WWII, later joined by US & Soviet Union

Page 84: Mixed Economy Economic decisions are shared by the govt & the people.

Internment CampCamps where

Japanese-Americans were relocated

forcibly during WWII

Page 85: Mixed Economy Economic decisions are shared by the govt & the people.

Atomic bombsMassive bomb created by

the Manhattan Project, dropped on Hiroshima &

Nagasaki, Japan that led to the end of WWII

Page 86: Mixed Economy Economic decisions are shared by the govt & the people.

Baby BoomersLarge increase in

birthrate following WWII (as many soldiers come home from war)

Page 87: Mixed Economy Economic decisions are shared by the govt & the people.

Marshall PlanThe US plan to offer European countries

financial assistance to set up democracies

Page 88: Mixed Economy Economic decisions are shared by the govt & the people.

Korean/Vietnam Wars2 Cold War wars in which

the North was Communist, and the US helped the democratic

south

Page 89: Mixed Economy Economic decisions are shared by the govt & the people.

Truman DoctrineThe US pledge to

fight the spread of communism at all

cost

Page 90: Mixed Economy Economic decisions are shared by the govt & the people.

Cold WarBattle between the

US & the USSR between democracy

& communism

Page 91: Mixed Economy Economic decisions are shared by the govt & the people.

CommunismDuring the Cold War, the Soviet

Union wanted new countries to set up this type of govt.—govt that collectively owns

property & runs industry (no individual ownership)

Page 92: Mixed Economy Economic decisions are shared by the govt & the people.

Space RaceBattle between the

US & the Soviet Union to put a man in space;

sign of superiority

Page 93: Mixed Economy Economic decisions are shared by the govt & the people.

Domino EffectThe fear that if Vietnam fell to communism, so would all surrounding

countries

Page 94: Mixed Economy Economic decisions are shared by the govt & the people.

containmentThe US policy of preventing the

spread of communism

Page 95: Mixed Economy Economic decisions are shared by the govt & the people.

McCarthyismFear of communism in the US

following WWII—Senator Joseph McCarthy caused hysteria by

proclaiming to know of MANY govt officials with communist ties, but

never offered any evidence (ruined many people’s lives!)

Page 96: Mixed Economy Economic decisions are shared by the govt & the people.

Berlin WallA guarded concrete wall put up by the Soviet Union in 1961, to separate communist East Berlin from democratically controlled (US/GB/Fr) West Berlin—was

brought down in 1989

Page 97: Mixed Economy Economic decisions are shared by the govt & the people.

Berlin AirliftThe US response to the Soviet blockade of West Berlin—airlifted TONS of supplies into the region

Page 98: Mixed Economy Economic decisions are shared by the govt & the people.

Iron CurtainBarrier established

between Soviet Union and Western Europe

from 1945-1990

Page 99: Mixed Economy Economic decisions are shared by the govt & the people.

Cuban Missile CrisisSoviet Union installed

nuclear missiles on Cuba, aimed at the US—war is

avoided when the Soviets finally back down & remove

them

Page 100: Mixed Economy Economic decisions are shared by the govt & the people.

Plessy Vs. FergusonSeparate but equal is

OK

Page 101: Mixed Economy Economic decisions are shared by the govt & the people.

Brown vs Bd of EducSeparate but equal

isn’t equal-- integrated the

schools

Page 102: Mixed Economy Economic decisions are shared by the govt & the people.

Jim Crow LawsState law in the

south that legalized segregation

Page 103: Mixed Economy Economic decisions are shared by the govt & the people.

Univ. of Cal vs BakkeDiversity in schools is

good but racial quotas may not be

used

Page 104: Mixed Economy Economic decisions are shared by the govt & the people.

Civil DisobedienceLegal form of protest to bring about govt

change(example: boycott)

Page 105: Mixed Economy Economic decisions are shared by the govt & the people.

Conscientious Objector

Refusal to serve in military for

religious/moral reasons

Page 106: Mixed Economy Economic decisions are shared by the govt & the people.

Primary sourcedocument written by sources that were present during an

experience or time period and offer an inside view of a

particular event(ex: diary, letter, autobiography)

Page 107: Mixed Economy Economic decisions are shared by the govt & the people.

Secondary SourcesInterpreted & analyzed sources--one or more steps removed from the event. Secondary sources may have pictures, quotes or graphics

of primary sources in them(ex: biography, text book)