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52 Cards in this Set
- Front
- Back
Communism |
a social and economic theory that property, production and distribution of goods and services should be owned by the public; and the about force organized for the benefit for all members of society |
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Winnipeg General Strike |
a massive strike by miners in Winnipeg in 1919 |
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Inflation |
the rise in prices for goods and services that increase the cost for living and causing people to demand for higher wages |
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Branch plants |
factories, offices, or other operations set up in Canada but owned or controlled by US or other foreign companies |
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Tariffs |
Taxes on imported goods |
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Red Scare |
The fear that communism would spread to Canada |
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Bloody Saturday |
June 21 1919 when the royal northwest mounted police charged a crowd of protesters during the winnipeg general strike |
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Collective Bargaining |
negotiation of a contract between two biome and management regarding such things as wages and working conditions |
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Plebiscite |
a direct vote by electors on an issue of public importance; the outcome of the vote may not be binding on the government |
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Persons Case |
a court case in which the Famous Five successfully fought to have women declared “persons” under Canadian law in 1929 |
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Famous Five |
five Alberta women who fight for the political status of women |
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Group of Seven |
group of Canadian landscape painters in the 1920’s |
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Canadian Constitution |
the documents that describe the powers and responsibilities of the government and its parts, and the rights of citizens |
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Regionalism |
a concern for the affairs of one’s own region over those of one’s country |
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Status |
the specific legal identity of an aboriginal person in Canada, accompanied by rights and benefits; loss of status refers to the absence of status, rights and benefits |
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Enfranchisement |
historically the process by which an aboriginal person lost his or indian status and became a canadian citizen |
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Self-determination |
the freedom for a group to form its own government |
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Minority Government |
a government in which the ruling party has less than half the total number of seats in the legislature |
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Supply and demand |
the quantity of a product that is available and the market’s desire for that product; the price of the product varies based on supply and demand |
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Market economy |
an economic system in which individuals produce goods and prices are determined by supply and demand |
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Mixed economy |
an economic system in which both individuals and government produce and sell goods |
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Old Age Pension Act |
an act passed in 1927 to provide social assistance to people over 70 |
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Chanak Crisis |
the canadian government's refusal in 1922, led by king, to support british troops in defending the turkish port of chanak; the ottoman empire, and the kingdom of bulgaria |
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Halibut Crisis |
a 1932 treaty between Canada and the US to protect halibut along the Pacific Coast; the first treaty negotiated and signed independently by the Canadian government |
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King-Byng Crisis |
a situation that occurred in 1929 when Governor General Byng refused Prime Minister King’s request to dissolve Parliament and call an election. This redefined the GG’s role throughout Dominions |
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Imperial Conference |
a meeting between the leaders of the countries in the British Empire |
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Balfour Report |
the conclusions of the 1926 Imperial Conference that acknowledged Canada as an independent community within the British Empire |
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Statute of Westminster |
Law that made all countries of British Empire equal to Britain and able to make their own laws |
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Great Depression |
a severe economic downturn in the global economy in the 1930s |
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Transients |
an unemployed person who moves from place to place in search of work |
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anti-Semitism |
discrimination or hostility towards jews |
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Deflation |
the opposite of inflation, deflation occurs when the price of goods and services falls |
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On-to-Ottawa Trek |
a 1935 rail trip from Vancouver to Ottawa (stopped at regina) by unemployed men to protest conditions at employment reliefs camps |
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Regina Riot |
a riot that occurred when police attempted to clear on-to-ottawa-trekkers from a stadium in regina |
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New Deal |
a series of programs such as social assistance for the aged and unemployed, introduced by US president Roosevelt in the 1930s to deal with the depression |
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Laissez-faire |
an economic conditioning in which industry is free of government intervention |
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Welfare state |
a state in which the government actively looks after the well-being of its citizens |
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Market economy |
an economic system in which individuals produce goods and prices are determined by supply and demand |
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Cooperative Commonwealth Federation |
Canada’s first socialist party, founded in the prairies in 1932; advocated government control of the economy |
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Capitalism |
an economic system in which the production and distribution of goods are owned by privately or by shareholders in corporations who have invested their money in the hope of making profits |
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Regina Manifesto |
platform of the cooperative commonwealth federation party; it supported public ownership of industry and social programs to assist those in need |
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Social Credit Party |
political party founded in western canada opposed to capitalism |
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Union nationale |
nationalist french canadian political party led by maurice duplessis |
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Equalization Payments |
a federal transfer of funds from richer to poorer provinces |
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Mixed economy |
an economic system in which both individuals and government produce and sell goods |
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Prosperity |
in the economic cycle, the period of economic growth and expansion |
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Recovery |
in the economic cycle, the period following a recession during which the value could of goods and services rises |
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Credit |
the ability or power to obtain goods before paying for them |
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Overproduction |
more goods being produced than being sold; leads to a decrease in production, which leads to increased unemployment |
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Protectionism |
a system of using tariffs to raise the price of imported goods in order to protect domestic producers |
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Reparations |
compensation from a defeated enemy for damages caused by war |
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Speculation |
buying shares “on margin” with the expectation that the value of the shares will increase enough to pay back the loan and make a profit |