Topic 10 Vocab Flashcards
a self-appointed enforcer of the law
Vigilante
a railroad that stretches across a continent from coast to coast
Transcontinental railroad
a land grant or other financial help from the government
Subsidy
to combine
Consolidate
the herding and moving of cattle, usually to railroad lines
Cattle Drive
a settlement that grew up at the end of a cattle trail
Cowtown
the acts passed in 1862 and 1890 that provided public land for agricultural colleges
Morrill Acts
a farmer on the Great Plains in the late 1800s
Sodbuster
the buying or selling of something in large quantities at lower prices
Wholesale
a rise in prices and a decrease in the value of money
Inflation
a tent made by stretching buffalo skins on tall poles
Tepee
a limited area of land set aside for Native Americans
Reservation
an amount of something, such as land, distributed to a person
Allotment
a share of ownership in a corporation
Stock
business that is owned by investors whose risk of loss is limited
Corporation
share of a corporation’s profit
Dividend
group of corporations run by a single board of directors
Trust
a company or group having control of all or nearly all of the business of an industry
Monopoly
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
Capitalism
workplace where people labor long hours in poor conditions for low pay
Sweatshop
replacement for a striking worker
Strikebreaker
a process by which a union representing a group of workers negotiates with management for a contract
Collective Bargaining
license for a new invention
Patent
association of workers in a specific trade, or line of work, formed to gain higher wages and better working conditions
Trade Union
crossing or spanning the Atlantic Ocean
Transatlantic