Age of oil Vocabulary Flashcards
Boom and Bust Cycle-
Boom and Bust Cycle- an economic pattern characterized by periods of economic growth and periods of economic decline
Innovation -
Innovation - a new idea or method. The introduction of something new.
Technology -
Technology - a new idea, method, or device.
Industrialization -
Industrialization - the economic development of manufacturing products from natural resources
Petroleum -
Petroleum - a thick, oily substance found deep in the Earth, use as a fuel
Refinery -
Refinery - an establishment for refining something, as metal, sugar, or petroleum
Urbanization -
Urbanization - the process of increasing human settlement in cities
Rural-
Rural- living in the country
Urban -
Urban - living, located, or taking place in a city
Standard of Living -
Standard of Living - a grade or level of subsistence and comfort in everyday life enjoyed by a community, class, or individual
Reform -
Reform - the improvement or amendment of what is wrong, corrupt, unsatisfactory, etc.
Progressives -
Progressives - those who advocate social reforms and legislative programs to improve society
Suffrage -
Suffrage - the right to vote
Temperance -
Temperance - habitual moderation in the indulgence of a natural appetite or passion, especially in the use of alcoholic liquors.
Prohibition -
Prohibition - to ban something, generally refers to the movement to ban manufacture, sale, transportation and use of alcoholic beverages