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18 Cards in this Set
- Front
- Back
SUBSIDY
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Grants of money to assist a company.
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BOOMTOWN
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Towns that sprang up wherever people found gold or silver. Very rapid growth.
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GHOST TOWN
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Empty towns where no one lived after miners exhausted the veins of ore and moved on.
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OPEN RANGE
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The broad grassland of the West.
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COW TOWN
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Kansas railroad centers named this because their main business was to ship cattle.
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HOMESTEADER
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Persons granted land under the Homestead Act. They had to improve the land on which they lived and live on it for five years.
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RESERVATION
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Special lands set aside just for Native Americans.
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HEAVY INDUSTRY
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An industry that produces materials such as coal, iron or steel.
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PATENT
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Licenses protecting people's rights to make, sell or use their inventions.
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ENTREPRENEUR
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The leaders of "big business" who took risks to start new businesses.
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CORPORATION
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A business in which investors own shares.
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CAPITAL
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The money needed to start and run a business.
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MONOPOLY
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This is when one company gains control over an industry. (Rockefeller's Standard Oil)
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LAISSEZ-FAIRE
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A "hands-off" policy. In this chapter it means that government had a hands off attitude toward big business.
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TENEMENT
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Overcrowded apartment buildings.
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NATIONALIZE
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When government takes over certain areas of life, like public transportation or communication.
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GRADUATED INCOME TAX
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A federal tax pushed for by the Populists that required wealthy people to pay a higher percentage of their income than poorer people.
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GOLD STANDARD
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The government did not print paper dollars unless it had enough gold to back each paper bill. This limited the amount of paper money that there was.
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