S.S 11\25\24 Flashcards
Relating to a town or city
urban
provided that any adult citizen, or intended citizen, who had never borne arms against the U.S. government could claim 160 acres of surveyed government land
homestead act
a rapid movement of people to a newly discovered goldfield. The first major gold rush, to California in 1848–49, was followed by others in the US, Australia (1851–53), South Africa (1884), and Canada (Klondike, 1897–98)
Gold rush
A faster way to make steel
bessemer process
A faster and more industreal way to travel
Transcontinental railroad
Making technology to speed something up
industrialization
A place around no other building
Rural
a suspension of production while workers and their employer argue about how to divide the surplus from their relationship
Strike
an organization of workers in a trade, industry, or company that is created to represent the workers in negotiations with management over issues of pay, benefits, and working conditions.
Labor union
negotiating working conditions with your employer
collective bargaining
the case of one person holding the title of property, whether land or chattels, for the benefit of another, termed a beneficiary
Trust
a market structure that consists of a single seller or producer and no close substitutes
Monopoly
an economic and political system in which a country’s trade and industry are controlled by private owners for profit.
Capitalism