Chaper 24- The Gilded Age Flashcards
1
Q
Trust
A
A relationship in which one person holds title to property.
2
Q
Syndicate
A
A group of individuals or organizations combine to promote a common interest.
3
Q
Patrician
A
An aristocrat or nobleman.
4
Q
Social Darwinism
A
The theory that individuals, groups and peoples are to subject to the same Darwinian laws such as “survival of the fittest.”
5
Q
Socialists
A
A person who advocates or practices socialism.
6
Q
Lock out
A
A temporary work stoppage or denial of employment initiated by the management of a company during a labor dispute.
7
Q
Free enterprise
A
An economic system in which private business in competition and largely free of state control.
