B words
balance of power
The distribution of power among nations so that no single can dominate or interfere with another
bankruptcy
The condition of being unable to pay one’s debts; one’s property is managed or sold to pay those whom one owes money 
black codes

          Laws passed in the south just after the civil war aimed at controlling freedmen and enabling plantation owners to exploit African American workers

black list
List of persons who are disapproved of and are punished, such as being refused jobs 
blitzkrieg
Name given to the sudden, violent offensive attacks the Germans used during World War 2
blockade
Cut off an area by means of troops or warships to stop supplies or people from coming in or going out; to close off a country’s ports 
boycott
To refuse in order to show disapproval or force acceptance of one’s terms 
budget deficit
The amount by which government spending exceeds revenue 
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