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35 Cards in this Set

  • Front
  • Back
WORD
Gross national product
DEFINITION
The total value of all good and services produced in a country
WORD
Entrepeneur
DEFINITION
people who risk their capital in organizing and running a buisness
WORD
Laissez-faire
DEFINITION
Means "let do"
WORD
Corporation
DEFINITION
An organization owned by many people but treated by as though it is owned by a single person
WORD
Vertical Intergition
DEFINITION
The combining of companies that supply services needed for a particular industry
WORD
Horizontal Integration
DEFINITION
Combining of companies engaged in the same type of business into one large corporation
WORD
Monopoly
DEFINITION
When a single company achieves control of an entire market
WORD
Marxism
DEFINITION
Creating a class society
WORD
Industrial Union
DEFINITION
United all craft workers and common laborers in a particular industry
WORD
Closed Shop
DEFINITION
Companies could only hire union members
WORD
Collective Barganing
DEFINITION
Unions bargan better working contitons for al workers together
WORD
Craft Union
DEFINITION
Skilled workers in one profession carpentors, elections and plumbers
WORD
Strike
DEFINITION
Workers refuse to work to get more pay or better working conditions
WORD
"Scab"
DEFINITION
Strike breaker-person who will work hen a strike is going on
WORD
Nationalism
DEFINITION
Loyalty and devotion to a nation
WORD
Sectionalism
DEFINITION
When your country is fighting and not loyal
WORD
nullification
DEFINITION
Theory taht states have the right to declre a federal law invaild
WORD
Abolition
DEFINITION
The immediate end of slavery
WORD
Emancipate
DEFINITION
Set free
WORD
Conscription
DEFINITION
Draft for military service
WORD
Insurrection
DEFINITION
Revolution
WORD
Adjacent
DEFINITION
Situated near or next to
WORD
Undrground Railroad
DEFINITION
An inforaml network of secret route and safe houses
WORD
Confederacy
DEFINITION
League
WORD
Manifest dynasty
DEFINITION
The U.S. was suppose to go from the Atlantic ocean to the Pacific
WORD
Agriculture
DEFINITION
Farming
WORD
Industrilization
DEFINITION
Having to do with industry
WORD
Freedmen
DEFINITION
Freed African Americans
WORD
Black Codes
DEFINITION
Laws limiting the rights of African Americans in the south
WORD
Amnesty
DEFINITION
The act of granting a pardon to a large group of people
WORD
Thirteenth Amendment
DEFINITION
Banned slavery
WORD
Fourteenth Amendment
DEFINITION
Granted citzenship to all Americans
WORD
Fifteenth Amendment
DEFINITION
Declared that everyone had a right to vote
WORD
Social Darwsom
DEFINITION
Survial of the fittest, rich people live
WORD
Anachism
DEFINITION
Workers shown own everthing