Chapter 10 Flashcards
A self-appointed enforcer of the law
Vigilante
A railroad that stretches across a continent from coast to coast
Transcontinental Railroad
A land grant or other financial help from the government
Subsidy
To combine
Consolidate
The herding and moving of cattle, usually to railroad lines
Cattle Drive
A settlement that grew up at the end of a cattle trail
Cowtown
The acts passed in 1862 and 1890 that provided public land for agricultural colleges
Morrill Acts
A farmer on the Great Plains in the late 1800s
Sodbuster
The buying or selling of something in large quantities at lower prices
Wholesale
A rise in prices and a decrease in the value of money
Inflation
A limited area of land set aside for Native Americans
Reservation
A tent made by stretching buffalo skins on tall poles
Tepee
An amount of something, such as land, distributed to a person
Allotment
A share of ownership in a corporation
Stock
Business that is owned by investors whose risk of loss is limited
Corporation
Share of a corporation’s profit
Dividend
Group of corporations run by a single board of directors
Trust
A company or group having control of all or nearly all of the business of an industry
Monopoly
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
Capitalism
Workplace where people labor long hours in poor conditions for low pay
Sweatshop
Replacement for a striking worker
Strikebreaker
A process by which a union representing a group of workers negotiates with management for a contract
Collective Bargaining
License for a new invention
Patent
Association of workers in a specific trade, or line of work, formed to gain higher wages and better working conditions
Trade Union
Crossing or spanning the Atlantic Ocean
Transatlantic