- 8.1: Vocabulary Define: ethnic, conscription, alter, anticipate, behalf,...
- 8.2: People and Events Identify: Triple Alliance, Triple Entente, Archdu...
- 8.3: Places Locate: Serbia, Bosnia.
- 8.4: List the ethnic groups that were left without nations after the nat...
- 8.5: Connecting Events How did the creation of military plans help draw ...
- 8.6: Sequencing Information Using a diagram like the one below, identify...
- 8.7: Examine the photo on this page of the German officer on the streets...
- 8.8: Expository Writing Some historians believe that the desire to suppr...
Solutions for Chapter 8: War and Revolution
Full solutions for World History: Modern Times | 3rd Edition
average variable cost
variable cost divided by the quantity of output
goods that are excludable but not rival in consumption
the study of how society manages its scarce resources economies of scale the property whereby long-run average total cost falls as the quantity of output increases
the uncompensated impact of one person’s actions on the well-being of a bystander
the setting of the level of government spending and taxation by government policymakers
the study of how people behave in strategic situations
internalizing the externality
altering incentives so that people take account of the external effects of their actions
a small incremental adjustment to a plan of action
the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior
net capital outflow
the purchase of foreign assets by domestic residents minus the purchase of domestic assets by foreigners
a good for which, other things being equal, an increase in income leads to an increase in demand
claims that attempt to prescribe how the world should be
the purchase and sale of U.S. government bonds by the Fed
claims that attempt to describe the world as it is
the percentage of the population whose family income falls below an absolute level called the poverty line
the amount of a good that sellers are willing and able to sell
a period of falling output and rising prices
the organized withdrawal of labor from a firm by a union
tax on goods produced abroad and sold domestically
a worker association that bargains with employers over wages, benefits, and working conditions