| A | B |
|---|
| Holding Company | A company which owns stock and controlling interest in other companies. |
| Judicial Activism | Courts playing an active role in effrts at transforming society. |
| Lebensraum | A German word meaning living space. |
| Liquidity | In economics, to hold a cash position. |
| Mass Transit | A system for transporting people in large numbers, usually within cities. |
| Monetary Inflation | The increase of the money supply. |
| New Reconstruction | The extensive effort to reconstruct American society in the 1960s. |
| Parity | Means equality and usually refers to prices or income. |
| Planned Economy | Shorthand language for a Government Planned Economy. |
| Private Sector | Refers to the privately-owned portion of the economy. |
| Puppet Government | A government controlled by a foreign government. |
| Purchasing Power | The means to purchasing goods. |
| Pyramid scheme | A scheme that usually results in those that are first in line at the top of the pyramid getting the lion's share of the proceeds. |
| Reciprocal Trade Agreements | Negotiated trade restrictions betwen countries. |
| Soil Bank Plan | A government program in operation in the 1950s, for withdrawing farmland from cultivation. |
| Speculation | The buying of a commodity or share of stock in the hope that the price will rise. |
| Subversion | The acts involved in undermining institutions and governments. |
| Terrorism | The practice of using terror to subject or intimidate a people. |
| Acreage Alotment | A device by which gov't. prescribes how much land a farmer may plant to particular crops. |
| Acronym | A pseudo-word ade from the initals o other words such as AAA from Agricultural Adjustment Administration. |
| Antiutopias | Usually novels which depict the unpleasant consequences of the use of gov't power to try to bring about utopia. |
| Appeasement | To seek peace by yielding to the outspoken emands of a country, usually for territory from some other country. |
| Austrian School of Economics | A theory of economics which was developed by Carl Menger and Eugen von Bohm-Bawerk, an brought to the U.S. by Ludwig von Mises and others. |
| Axis | An alliance o two or more countries to coordinate their foreign and military policy. |
| Black Market | The exchange of goods nder conditions prohibited by law. |
| Brainwashing | Being subjected to intensive training aimed t discrediting the belefs of a person and indoctrination with a new outlook. |
| Broker Loan | Loans made by a broker (salesman) of stocks to buyers of stocks. |
| Cartel | A combination of producers of some good for the purpose of determining terms under which that good willbe sold. |
| Coexistence | Te idea tat Communist and other countries can both exist at peace with one another. |
| Commodity Riots | Those riots in which rioters plunder stores and take commodities. |
| Common Stocks | Ownership shares in a corporation. These are the stocksmost commonly quoted on stock exchanges. |
| Confrontation | To stand before those with whom you differ and insist on the rightness of yur position. |
| Conscious Conservatism | A discriminating and thought out conservatism, even somewhat of an ideology. |
| Containment | A policy of confining communism to countries where it was already in power. |
| Controversialist | One who deliberately engges in controversy by making provocative statements and denying the validity of widely or deeply held views. |
| Cooperative | Also called a "coop," an undertaking owned and operated by thoe who use its services. |
| Counter-Revolution | The attempt to undermine or overthrow a revolutionary governmnt. Marxists tend to interpret all opposition to their rules as being counter-revolutionary and act to suppress it. |
| Credit Contraction | A reduction of avialable credit. |
| De Facto Gov't. | The actual gov't of a country when it is different from the one generally recognized by other countries. |
| Deficit Spending | Occurs when governments spend more than they take in from taxes and other revenues. |
| Detente | A relaxation of tensions, as between nation. |
| Devaluation | An official reduction in the value of the currency in relation to others. |
| Disinformation | Falsified information presented as fact. |
| Elective Abortion | An abortion performed by or for the mother without any compelling medical reason. |
| Environmentalism | An emphasis on the impact of land use and pollution on the environment. |
| Espionage | The act of spying or, more precisely, systematic efforts of a gov't to get the secrets of another. |
| Eurasia | Refes to the great land mass of Europe and Asia. |
| Fifth Column | People residing in a country who so sympathize with its enemies that they will aid them when the occasion arises. |
| General Welfre | The well-being of everyone. |
| Conspiracy | At law, a combination of two or moe persons to commit a crime. |
