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22 Cards in this Set
- Front
- Back
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Urbanization
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The social process whereby cities grow and society's become more city like.
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Philanthropy
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Unselfifish concern for human welfare and advancement
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Reform
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To approve or change to a better state
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Progress
Regress |
The development of an individual or society in a direct. Considered more beneficial. Moving forward
Opposite. Moving backward |
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Industrial revolution
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The gradual process by which machines replace hand tools and inventions occurred.
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Capitalism
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An economic system in which investment in an ownership of....is made by individuals or corporations
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Captains of Industry
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Ex. Cornelius Vanderbuilt
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An Organization of Workers
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Formed for the purpose of serving the members interestss with respect to wages and working conditions
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Monopoly
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A company or group having control of all or nearly all of the business of an industry.
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Working Conditions
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The enviornment in which people work. During Industrial Revolution factories were a dangerous place to work. Many got killed due to heat, exhaustion, dangerous machines, cold, and illness from chemicals
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Assembly Line
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Ex. Building a car
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Mass production
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Process of making large quantities of products quickly and cheaply
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Trust
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A group of corporations run by a single board of directors
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Muckraker
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A person who searches for and exposes corruption, scandal in politics.
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Corporation
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A business that is owned by investors.
A corporation sell stock or shares in the business to investors |
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Regulation
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To control or direct
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Laissez-Faire
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The idea that gov't should play as small a role as possible in economic affairs
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Gilded Age
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The period in American History lasting from 1870's-1890's marked by political corruption and extravagant spending
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Sweatshop
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Workplace where people labor long hours in poor conditions for low pay.
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Sherman Anti-Trust Act
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Approved in1890
This law banned the formation of trusts and monopolies |
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Dividend
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Shares in a corporation
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Vertical Integration
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Gaining control of all the steps used to change raw materials into finished products. EX.
Cow(farmer)-butcher-facotry-shipping-grocery store |
