Topic 10 Flashcards
Lode
A lode is a rich vein of gold or silver.
Vigilante
A self appointed law enforcer.
Gauge
The width of a train track.
Transcontinental Railroad
A railroad that stretches across a continent from coast to coast.
Network
A system of connected line.
Subsidy
Financial aid or a land grant from the government.
Gauge
Width of a train track
Consolidate
To combine
Pool
Railroad companies divided up the business in the area.
Rebate
Discounts.
Cattle drive
The herding and moving of cattle usually to railroad lines.
Vaquero
Skilled riders who herded cattle.
Cow Town
Where cattle drivers ended that sprung up around railroad lines.
Morrill Acts
The Acts passed in 1862 & 1890 that provided public land for agricultural colleges.
Sodbuster
A farmer in the Great plains in the late 1800’ s :-)
Cooperative
A group of people who pool their money to buy pf sell goods whole-sale.
Inflation
A rise in prices and a decrease in the value of money.
Wholesale
The buying of selling of something at large quantities for low prices.
Tepee
A tent made by stretching buffalo skins on tall poles
Reservation
A limited area of land set aside for American Indians
Allotment
An amount of something, such as land, distributed to a person
Stock
A share of ownership in a corporation
Corporation
Business that is owned by investors whose risk of loss is limited
Dividend
Share of a corporation’s profit
Trust
Group of corporations run by a single board of directors
Monopoly
A company or group having control of all or nearly all of the business of an industry
Capitalism
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
Sweatshop
Workplace where people labor long hours in poor conditions for low pay
Strikebreaker
replacement for a striking worker
Collective Bargaining
A process by which a union representing a group of workers negotiates with management for a contract
Patent
Licence for a new invention
Trade Union
Association of workers in a specific trade, or line of work, formed to gain higher wages and better working conditions
Transatlantic
Crossing or spanning the Atlantic Ocean
Inflation
A rise in prices and a decrease in the value of money
