Chapter 19—

• National identity: A people’s sense of what makes them a nation.

• Ghetto: A section of a city in which a particular minority group is forced to live.
• Holocaust: The execution of 6 million Jews in Nazi concentration camps during WW2.
• Velvet revolution: A revolution without bloodshed, which took place in Czechoslovakia during the late
1980s.
• Collective farm: A government-owned farm managed by workers who share the profits from their
produce.
• Privatization: The process of selling government-owned industries and businesses to private owners.
• Balkanize: To break up into small, mutually hostile political units, as occurred in the Balkans after WW1.
• Entrepreneur: A go-getter individual who starts and builds a business.
• Multiplier effect: The effect an investment has in multiplying related jobs throughout the economy.
• Annex: To formally incorporate into a country or state the territory of another.
• Diversify: To increase the variety of.

1. W
• The first of a series of inv