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Questions and Answers
What does 'buying on margin' refer to?
What does 'buying on margin' refer to?
- Buying stocks at full price
- Purchasing stocks by paying a small percentage and borrowing the rest (correct)
- Selling stocks to minimize losses
- Investing solely in government bonds
What is a cabinet in the context of U.S. government?
What is a cabinet in the context of U.S. government?
The group of department heads who serve as the president's chief advisers.
What were the Camp David Accords?
What were the Camp David Accords?
Historic agreements between Israel and Egypt reached in 1978.
What defines capitalism?
What defines capitalism?
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Who is a carpetbagger?
Who is a carpetbagger?
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What is a cash crop?
What is a cash crop?
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Who were the Central Powers in World War I?
Who were the Central Powers in World War I?
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What are checks and balances?
What are checks and balances?
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What is the Chinese Exclusion Act?
What is the Chinese Exclusion Act?
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What does the CIA stand for?
What does the CIA stand for?
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What was the Civilian Conservation Corps?
What was the Civilian Conservation Corps?
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Study Notes
Buying on Margin
- Involves purchasing stocks by paying a small percentage upfront while borrowing the rest, which contributed to the economic boom of the Roaring 20s.
Cabinet
- Consists of department heads serving as chief advisers to the president, first established by George Washington.
Camp David Accords
- Historic peace agreements made in 1978 between Israel and Egypt during negotiations facilitated by President Jimmy Carter at Camp David.
Capitalism
- Economic system where private individuals and corporations own and control production means (farms, mines, factories) with the objective of earning profits.
Carpetbagger
- Term used to describe Northerners who moved to the South post-Civil War, often with the intent to profit from the region's rebuilding.
Cash Crop
- Refers to crops cultivated primarily for sale rather than personal consumption, with common examples including tobacco and cotton.
Central Powers
- Alliance of nations during World War I, primarily led by Germany, Austria-Hungary, and the Ottoman Empire, opposing the Allies.
Checks and Balances
- Constitutional provisions designed to maintain the balance of power among the three branches of the U.S. government, preventing any one branch from becoming dominant.
Chinese Exclusion Act
- Enacted in 1882, this law restricted Chinese immigration to the U.S., allowing only certain categories such as students and merchants to enter, reflecting racial discrimination.
CIA
- The Central Intelligence Agency established to collect secret intelligence on foreign governments, particularly active during the Cold War era.
Civilian Conservation Corps
- A New Deal initiative created to provide jobs for young unemployed men, focusing on public works like road construction, park development, and environmental conservation projects.
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