1950's Flashcard 1
Flashcard
•
History
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
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27 questions
Show all answers
1.
FLASHCARD QUESTION
Front
In which economic system are INDIVIDUALS in charge of owning land, resources, and factories?
Back
Capitalism
2.
FLASHCARD QUESTION
Front
This economic system is based on competition, profits, and self-interest.
Back
Capitalism
3.
FLASHCARD QUESTION
Front
What does communism believe in?
Back
Economic equality through elimination of private property.
4.
FLASHCARD QUESTION
Front
In a communist society...
Back
there is no wealth or private property
5.
FLASHCARD QUESTION
Front
Why was NATO created?
Back
To create a unified military defense with the US and western European countries to protect themselves from another world war and the nuclear threat.
6.
FLASHCARD QUESTION
Front
NATO stands for
Back
North Atlantic Treaty Organization
7.
FLASHCARD QUESTION
Front
Phrase coined by Churchill that explained that Europe had been divided into western Europe and communist eastern Europe
Back
Iron Curtain
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