Ch 10 Flashcards
vigilante
a self-appointed enforcer of the law
transcontinental railroad
crossing or spanning the Atlantic Ocean
subsidy
a land grant or other financial help from the government
consilidate
to combine
cattle drive
the herding and moving of cattle, usually to railroad lines
cow town
a settlement that grew up at the end of a cattle trail
morril acts
the acts passed in 1862 and 1890 that provided public land for agricultural colleges
sodbuster
a farmer on the Great Plains in the late 1800s
whole sale
the buying or selling of something in large quantities at lower prices
inflation
a rise in prices and a decrease in the value of money
tepee
a tent made by stretching buffalo skins on tall poles
reservation
a limited area of land set aside for Native Americans
allotment
the amount of something such as land distributed to someone
stock
a share of ownership in a corporation
corperation
business that is owned by investors whose risk of loss is limited
dividend
share of a corporation’s profit
trust
group of corporations run by a single board of directors
monopoly
a company or group having control of all or nearly all of the business of an industry
capitalism
an economic system based on private ownership of property, a market economy, and the goal of making a profit, or income, from the use of one’s property
sweatshop
workplace where people labor long hours in poor conditions for low pay
strikebreaker
replacement for a striking worker
collective bargaining
a process by which a union representing a group of workers negotiates with management for a contract
patent
license for a new invention
trade union
association of workers in a specific trade, or line of work, formed to gain higher wages and better working conditions
transatlantic
crossing or spanning the Atlantic Ocean
