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World Geog. - Isms.
Stack #11994
Question | Answer |
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Capitalism | An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market. |
Socialism | Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. |
Communism | A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people. |
Fascism | A system of government marked by centralization of authority under a dictator, stringent socioeconomic controls, suppression of the opposition through terror and censorship, and typically a policy of belligerent nationalism and racism. |
Imperialism | The policy of extending a nation's authority by territorial acquisition or by the establishment of economic and political hegemony over other nations. |
Colonialism | A policy by which a nation maintains or extends its control over foreign dependencies. |
Terrorism | The unlawful use or threatened use of force or violence by a person or an organized group against people or property with the intention of intimidating or coercing societies or governments, often for ideological or political reasons. |
Nationalism | The belief that people should be loyal to their nation, the people with whom they share land, culture, and history. |
Mercantilism | The practice, methods, or spirit of merchants; commercialism. |
Isolationism | A national policy of abstaining from political or economic relations with other countries. |