Chapter 11 vocab

Front

Capitalism: An economic system where private individuals set prices and own resources.

Back

A way of organizing an economy in which private individuals set prices and own resources and land.

Front

Cold War: A period of political, ideological, and economic rivalry post-WWII between the USSR and its communist allies vs. the US and its democratic allies.

Back

Political, ideological, and economic rivalry post-WWII between the USSR and its allies vs. the US and its allies.

Front

Communism: An economic and political system where the government owns and controls all goods and production, eliminating private property.

Back

Communism

Front

Marshall Plan: Economic recovery program by the US to rebuild Western Europe after winter and chaos.

Back

Economic recovery program by the US to rebuild Western Europe.

Front

Mutually assured destruction:

Back

A Cold War military strategy where two nuclear-armed countries avoid conflict to prevent total annihilation.

Front

NATO

Back

The North Atlantic Treaty Organization; a military alliance between European and North American countries established during the Cold War.

Front

Nuclear refers to:

Back

Energy from splitting or joining atomic nuclei.

Front

Proxy war:

Back

A conflict where powerful nations instigate and support fighting in other territories.

Front

Red Scare: Fear of communism or radical leftism.

Back

Promotion of fear of a potential rise of communism or radical leftism.

Front

Truman Doctrine

Back

Cold War-era US foreign policy (1947) providing aid to countries facing communism.