market economy
An economy based on free trade and supply and demand.
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An economy based on free trade and supply and demand.
(1893-1976) Leader of the Communist Party in China that overthrew Jiang Jieshi and the Nationalists. Established China as the Peopleメs Republic of China and ruled from 1949 until 1976.
A territory that was given to a European nation to administer by the League of Nations following the end of World War I.
In the political sense, this usually means freedom.
A multinational peace keeping organization which began as an idea of United States President Woodrow Wilson following the first World War. The Treaty of Versailles created a League with over 40 different countries joining. The United States was not one of them. The League of Nations was to be an international body that would settle future problems through negotiations instead of warfare. The member nations were to work cooperatively through economic and military means to enforce its decisions. However, since the United States did not join, the League never achieved its intentions.
The Geopolitical designation for Central and South America and the Caribbean Islands which were settled by the Spanish.
(1865-1936) British writer and poet. His poem The White Manメs Burden became a popular justification for European imperialism.
(1835-1909) King of Belgium who began imperialistic trade inside of Africa which resulted in the Scramble for Africa.
A group of communist guerillas in Cambodia during the late 20th century, led by Pol Pot, that gained control of Cambodia after the withdrawal of American troops from the Vietnam War. The initiated a reign of terror, killing over a million people to remove all western influence from the country. This gross violation of human rights ended when Vietnam invaded and occupied the country in 1979. In the 1990s, the United Nations negotiated a peace settlement, and began the democratic process in Cambodia.
A company that sells shares to investors who share in the profits and losses.
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