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Unit 8 Vocabulary
Term | Definition |
---|---|
Labor Unions | groups formed by workers to advance their interests |
suburbs | residential communities of a city |
communism | an economic system in which the state owns land and the means of production |
free enterprise | an economic system characterized by private or corporate ownership of capital goods investments that are determined by private decisions rather than by state control, and determined in a free market |
Cold war | the struggle of power between the United States and the Soviet Union from the end of WWII through the 1980's |
Dwight D Eisenhower | commonly known as Ike he was the 34th president of the U.S. (republican) he was a 5 star army general before becoming president |
Lyndon B Johnson | vice president after the JFK assassination LBJ was from Texas and the 36th president of the U.S. |
Civil Rights | the rights due to all U.S. citizens under the constitution |
Primary Election | an election in which voters choose the candidates for the general election |
satellite | a human made object sent into space to orbit the Earth |
National Aeronautics and Space Administration | commonly known as NASA located in Houston Texas the world leader in space exploration |
International Space Station | a flying laboratory that orbits Earth and is home to astronauts from all around the world |
petrochemical | a substance made from oil or natural gases |
carbon black | a fine black powder made by heating oil at high temperatures |
boom dust cycle | a prolonged period of great profits followed by a sharp decline |
OPEC | the organization of petroleum exporting countries a group of nations banded together to control the oil industry |
embargo | an order to stop trade with a certain nation |
hydraulic fracturing (fracking) | water and chemicals pumped under high pressure deep into the ground in order to break the earth and release oil & gas |
maquiladoras | factories in Mexico owned by foreign investors |
agrilbusiness | large corporations whose business is farming |
hybrid | something that is made of two different types of components |
NAFTA | the north american free trade agreement it removed most of the trade barriers between the U.S., Mexico and Canada |
infrastructure | a system of public works such as roads and bridges |
diversify | to become more varied |
retail | the sale of goods directly to the public |
research and development | an activity that leads to the creating of new products and procedures |
Michael Dell | texas leader in science & technology Dell began selling computers when he was a student at UT at Austin in the 1980's and now is one of the largest computer companies in the world |
Fraud | something illegal that is said or done to trick a person for unfair gain |
Limited Convention | a convention in which only two parts of the constitution may be changed |
George W Bush | son of George H W Bush and former governor of Texas George W Bush was elected 43rd president of the U.S. in 2000 and re-elected in 2004 |