Europe Vocabulary Definitions 1. Capitalism economic system that allows private ownership and open competition of businesses 2. Cold War conflict between the United States and the Soviet Union dating from the late 1940s to the late 1980s, when the two super powers competed for world influence without declared military action at each other. 3. Communism elimination of private property. economic, social, and political system based in the teaching of Karl Marx, which advocated the 4. Constitutional Monarchy government. government in which a king or queen is the official head of state, but elected officials run the 5. Democracy form of government in which citizens choose the nation’s leaders by voting for them. 6. Dictator all-powerful government leader 7. European Union trade alliance among many European countries, formerly called the Common Market. 8. Fascism a governmental system led by a dictator having complete power, forcibly suppressing opposition and criticism, regimenting all industry, commerce, etc., and emphasizing an aggressive nationalism and often racism. 9. Free Enterprise System limited government intervention. economic system that operates on free competition, in which people start and own businesses with 10. Genocide mass murder of a people because of their race, religion, ethnicity, politics, or culture. 11. Holocaust systematic murder by Adolf Hitler and his followers of more than 12 million people, including 6 million European Jews, during World War II 12. Industrialization changing an economy to rely more on manufacturing than on farming. 13. Injustice violation of the rights of others; unjust or unfair action or treatment 14. Oligarchy government by the few. a form of government in which all power is vested in a few persons or in a dominant class or clique; 15. Oppression the exercise of authority or power in a burdensome, cruel, or unjust manner. 16. Philosophy term derived from Greek, meaning “love of wisdom”. 17. Refugee person who flees to another country to avoid persecution or disaster. 18. Republic nation with a strong national government headed by elected leaders. 19. Rights of Citizens benefits and protections that are guaranteed by law 20. Socialism economic system in which many businesses are owned and run by the government 21. Unlimited Government government in which leaders rule without any restrictions 22. Limited Government type of government where, through law, some control is placed on leadership’s powers 23. Urbanization movement to cities 24. Empire group of lands under one ruler 25. Alliance political agreement between countries to support each other in disputes with other countries.