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ushistory
Question | Answer |
---|---|
1. enterpuner | people who invest there money to make money |
2. protective tariff | taxes that make imported goods cost more than goods made localy |
3. laissez-faire | allowed companys to work under less gov. standers |
4. patent | the right givin to an inventor or developer to sell his inention |
5. bessemer process | the purification of iron |
6. suspension bridges | bridges in which suspensions are held up by steel cabels |
7. time zones | sections of the globe that were seperated into 24 diffrent hours |
8. mass production | making a large ammount of one product to satisfy the needs of consumeres |
9. monoply | bord game.(: a company or that has complet controll of any product |
10. corporation | people who first ivested into opening a company |
11. cartel | a loop whole to monoply |
12. horizontal integration | giant compony with low producton cost |
13. trust | companies combining together and splitting profit |
14. vertical intergration | reduce price and charge higher prices to competitors |
15. social drawnism | the human word for natural selection |
16. interstat commerce commision(icc) | first federal body to make expections |
17. sherman anti trust act | closed the trust loop hole :D |
18. sweat shop | factories that have very poor working conditions and low pay |
19.company towns | companies made towns for the workers to keep close to their working areas at the low price of your soul |
20. socialisim | a belief that a nation distribute the nations wealth through out the nation and not just to certin people |
21. knights of labor | a labor union |
22. american federation of labor (AFL) | a labor union that aimed at helping workers in need |
23. haymarket riot | knights of labor formed a riot |
24. homestead strike | a strike against the mineres employers who kindly took there souls |
25. pullman strike | nation wide strike against rail road companies |
26.collective bargin | a group of workers that negotiated with there employers to gain raises |