Chapter 16 Vocabulary Flashcards

1
Q

jobs lost as the result of machines doing the jobs formerly accomplished by humans

A

technological unemployment

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2
Q

employment practice in which eligibility is not determined by union membership

A

open shop

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3
Q

system of benefit programs offered to workers by employers intended to reduce the appeal of unions

A

welfare capitalism

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4
Q

market composed of buyers and sellers within a nation

A

domestic market

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5
Q

period after a war in which the populace is disenchanted

A

postwar disillusionment

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6
Q

payments paid by nations defeated in war as a penalty for damages caused to other countries

A

reparation

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