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antieconomic combined form of economic.
Arab League a confederation of nations sharing a common Arabic language and culture, formed in 1945 to promote economic, military, and political cooperation among its members, and now grown to a total of twenty-one.
autarky a national policy of economic self-sufficiency, involving not relying on economic aid or on imports. [1/2 definitions]
balance of power a sufficient distribution of military or economic power among governments to prevent any one from excessively dominating others. [2 definitions]
black power (sometimes caps.) the political and economic power of American blacks mobilized to force the granting of equal rights.
bust2 a period or condition of economic depression. [1/10 definitions]
capitalism an economic system in which the means of production and distribution are privately owned and prices are chiefly determined by open competition in a free market.
capitalist one who supports an economic system in which the means of production and distribution are privately owned, and prices are chiefly determined by open competition in a free market. [1/3 definitions]
class consciousness awareness of one's social or economic status and the class to which one belongs.
classless of society, without economic or social distinctions.
class struggle in Marxist theory, the constant contention for economic and political power that goes on between the owners of the means of production, or capitalists, and the workers.
collectivism the doctrine or practice of centralized economic control, esp. of the means of production. [1/3 definitions]
collegium an administrative committee of equals, esp. one that formerly performed economic, political, or social management in the Soviet Union.
color line any institutionalized separation of races that is based on skin color and that results in social and economic discrimination and oppression; color bar.
Comecon an international trade association of communist nations (acronym for "Council for Mutual Economic Assistance").
commodities trade the purchase and sale of raw goods, such as agricultural products or materials derived from natural resources, that have uniform value across an economic market, as opposed to the purchase and sale of services or branded products.
Common Market an economic association of major western European countries mainly designed to eliminate tariffs on trade among member nations and establish uniform tariffs on goods from other countries; European Economic Community. [2 definitions]
communize to subject to, convert to, or bring into accord with communist economic or political principles or systems. [1/2 definitions]
containment a government policy, enacted in a variety of ways, that is intended to curb the territorial growth, economic expansion, or ideological influence of a hostile nation. [1/3 definitions]
current affairs events of a political, societal, or economic nature that are occurring in the present time and are often covered in the media.
democratic having or promoting social, economic, and political equality. [1/3 definitions]