capitalism | An economic system in which the means of production and distribution are for the most part privately owned and operated for private profit
|
|
|
|
communism | Marx's theory of a classless society, developed by his successors into control of society by the Communist Party and the attempted worldwide spread of communism
|
|
|
|
confiscation | Government seizure of the property within its borders owned by foreigners without payment to them
|
|
|
|
conservative | A person, group, or party that wishes to minimize government activities and maximize private ownership and business
|
|
|
|
country risk assessment (CRA) | An evaluation, conducted by a bank or business having an asset in or payable from a foreign country or considering a loan or an investment there, that assesses the country's economic situation and policies and its politics to determine how much risk exists of losing the asset or not being paid
|
|
|
|
expropriation | Government seizure of the property within its borders owned by foreigners, followed by prompt, adequate, and effective compensation paid to the former owners
|
|
|
|
instability | Characteristic of a government that cannot maintain itself in power or that makes sudden, unpredictable, or radical policy changes
|
|
|
|
left wing | A more extreme liberal position
|
|
|
|
liberal | In the contemporary United States, a person, group, or party that urges greater government involvement in business and other aspects of human activities
|
|
|
|
privatization | The transfer of public sector assets to the private sector, the transfer of management of state activities through contracts and leases, and the contracting out of activities previously conducted by the state
|
|
|
|
right wing | A more extreme conservative position
|
|
|
|
socialism | Public, collective ownership of the basic means of production and distribution, operating for use rather than profit
|
|
|
|
stability | Characteristic of a government that maintains itself in power and whose fiscal, monetary, and political policies are predictable and not subject to sudden, radical changes
|
|
|
|
terrorism | Unlawful acts of violence committed for a wide variety of reasons, including for ransom, to overthrow a government, to gain release of imprisoned colleagues, to exact revenge for real or imagined wrongs, and to punish nonbelievers of the terrorists' religion
|
|
|
|
traditional hostilities | Long-standing enmities between tribes, races, religions, ideologies, or countries
|