Chpater 14 Flashcards

1
Q

Nativist

A

One who advocates favoring native-born citizens over aliens or immigrants.

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2
Q

Factory

A

An establishment for the manufacturing of goods, including buildings and substantial machinery.

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3
Q

Trademark

A

A distinguishing symbol or word used by a manufacturer on its goods, usually registered by law to protect against imitators.

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4
Q

patent

A

The legal certification of an original invention, product, or process, guaranteeing its holder sole rights to profits from its use or reproduction for a specified period of time.

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5
Q

liability

A

Legal responsibility for loss or damage

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6
Q

incorporation

A

The formation of individuals into an organized entity with legally defined privileges and responsibilities

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7
Q

labor union

A

An organization of workers–usually wage-earning workers–to promote the interests and welfare of its members, often by collective bargaining with employers.

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8
Q

strike

A

An organized work stoppage by employees in order to obtain better wages, working conditions, and so on.

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9
Q

capitalist

A

An individual or group who uses accumulated funds or private property to produce goods for profit in a market.

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10
Q

turnpike

A

A toll road.

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11
Q

posterity

A

Later descendants or subsequent generations.

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12
Q

productivity

A

In economics, the relative capacity to produce goods and services, measured in terms of the number of workers and machines needed to create goods in a certain length of time.

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13
Q

Caste

A

An exclusive or rigid social distinction based on birth, wealth, occupation, and so forth.

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