Final Review Flashcards
Corporation
a business that is owned by investors.
Stock
shares in the business, corporations sell shares to investors who are know as stockholders.
Dividends
shares of a corporation’s profit.
Board of Directors
stockholders elect a board of directors to run the corporation.
Trust
a group of corporations run by a single board of directors.
Monopoly
controls all or nearly all the business of an industry.
Sherman Antitrust Act
passed by Congress, banned the formation of trusts and monopolies.
Free Enterprise System
Economic system in which businesses are owned by private citizens who decide what to produce, how much to produce, and what price to charge.
Immigration
Push Factors
Scarce land, Farm jobs lost to new machines, Political and religious persecution, revolution, poverty and hard lives.
Pull Factors
Promise of freedom, family or friends already settled in the United States, factory jobs were available.
Nativists
people who sought to limit immigration and preserve the country for native-born white protestants.
Chinese Exclusion Act
Barred Chinese laborers form entering the country. No Chinese person who left the U.S. could return.
Assembly line
workers stay in one place as products edge along on a moving belt.
Mass production
making large quantities of a product quickly and cheaply.
Bessemer Process
method developed to produce stronger steel at a lower cost.
Primary Election
voters select their party’s candidate.
Initiative
Voters can propose bills to the legislature.
Referendum
Voters can vote on bills directly.
Recall
Voters can remove elected officials from office.
How the other half lives
Jacob Riis showed true life in photographs in the slums.
1848
Seneca Falls Convention was the start of the organized women’s rights movement.
National Women Suffrage Association
A group that worked for a constitutional amendment to give women the right to vote. Formed by Elizabeth Cady Stanton and Susan B. Anthony.
W.E.B. Du Bois
urged African Americans to fight actively.
(NAACP) National Association for the Advancement of colored people
worked for equal rights for African Americans.
