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15 Cards in this Set
- Front
- Back
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Monopoly |
A total ownership of a product or service |
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Social Darwinism |
A view of society based on scientist Charles Darwin's theory of natural selection |
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Trust |
A legal arrangement grouping together a number of companies under a single board of directions |
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Vertical integration |
Ownership of a business involved in each step of a manufacturing process |
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Horizontal integration |
Owning all business in a certain field |
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Corporation |
Businesses that sell portions of ownership called stock shares |
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Labor union |
an organized association of workers, often in a trade or profession, formed to protect and further their rights and interests. |
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Strike |
The refusal of workers to preform their jobs until employers meet their demands |
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Hay market riot |
Some one threw a bomb that wounded that wounded many police offices and killed 8. The police fired into the crowd, killing several people and wounding 100 others |
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Collective bargaining |
All workers acting collectively, or together — workers had a much greater chance of success in negotiating with management |
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Tenements |
Poorly built, over crowded apartment buildings |
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New immigrants |
Immigrants from Northern Europe in the late 1800s |
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Old immigrants |
Southern and Eastern Europe |
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Sweatshops |
Workplaces with long hours and hot, unhealthy working conditions |
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Nativities |
U.s. Citizens who opposed immigration because they were suspicious of immigrants and feared loosing their jobs. |
