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26 Cards in this Set
- Front
- Back
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anti-trust legislation
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laws that protect the consumer from artificially high prices.
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cartel
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loose association of business that make the same product.
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collective bargaining
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Process in which workers negotiate as a group with employers.
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entrepreneur
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the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits.
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gilded
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to cover with a thin layer of gold.
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polarization
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tending to extremes.
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laissez fare
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hands off government
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political machine
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disciplined political group that has power over a political group run by a boss
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tenements
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small low cost apartments.
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social Darwinism
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Survival of the fittest.
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yellow journalism
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encouraging people to buy a product because of an outrageous tag line
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gold standard
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monetary unit where the base unit is a fixed amount of gold
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initiative
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taking the first step. leadership.
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megalopolis
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chain of roughly adjacent urban developments
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municipal
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pertaining to a town or city or its local government
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NAACP
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organization for ethnic minorities in the united states
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nativism
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favors the interests of certain established inhabitants of an area
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nepotism
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is favoritism granted to relatives or friends
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populism
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a political philosophy
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progressivism
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is a political attitude favoring or advocating changes or reform
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referendum
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is a direct vote in which an entire electorate is asked to either accept or reject a particular proposal
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slums
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a run-down area of a city characterized by substandard housing
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tariff
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the economic policy of restraining trade between nations
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temperance
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social movement against the use of alcoholic beverages
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urban sprawl
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multifaceted concept, which includes the spreading outwards of a city and its suburbs
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economies of scale
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refers to the cost advantages that a business obtains due to expansion
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