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