industrializaton vocabulary Flashcards
tenement
- overcrowded, slum housing
Rural
- Areas where not many people live
- in ¨the country¨
- these areas are always shrinking
Industrialization
- Making stuff with machines in big factorys
- mass production
capitalism
- capital= money
- Businesses competing to take money
- laissez fair, market economy
agrarian
- related to farming
mechanization
- producing stuff with machines
- Automation
industry
- The business of making things
Laissez- faire
- AN enlightenment philosophy
- capitalism, market economy
social Darwinism
- survival of the fittest
- only the strong survive - Everyone is competitive against everyone else.
corporation
-Business that is owned by many people not just one person
Monopoly/trust
- one company is the only place you can get a certain good or service
- No competition
sherman antitrust act
- 1st federal law to attempt to limit monopolies
Efficiency
- Eliminating waste :
- Eliminating waste time, money, energy, resources, etc
productivity
- Measure of inputs vs outputs
- If you produce more with the same amount of resources or less, your productivity goes up
specialization
-Getting really good at production or doing ONE thing.
interdependence
-two or more things that need each other to work.
this is a result of specialization
immigration
-people moving into a country
Emigration
-people leaving a country
migration
-moving within a country
nativism
- showing favoritism towards non-immigrants
(natives) has nothing to do with american indians
urbanization
-cities getting bigger
