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15 Cards in this Set
- Front
- Back
Reservation
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An area of land set aside ("reserveed") by the goverment for Native Americans. Reservations generally were on poor land that settlers didn't want.
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Homesteader
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A farmer who is given a plot of public land (called a homesteader) in return for cultivating it.
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transcontinental railroad
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a railroad that crosses a continent (trans means "across")
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subsidy/subsidies
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money or other things of vaule(such as land) that a goverment contributes to an enterprise
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Battle of Little Big Horn
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The wars between settlers, soldiers and Plain Indians came to a head. The Indians won the battle, but soon afterward the Sioux and Cheyenne were forced onto reservations.
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industrialization
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the birth and growth of businesses that make and distribute products through the use of machinery
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Entrepreneur
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someone who starts a business and is good at making money
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laissez-faire
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the theory that econmies work best when governments do not interfere with them. (laissez-faire is French for "leave alone")
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mass production
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the use of interchangeable parts and assembly lines to make large quantities of identical goods
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corporation
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a business that is owned by many investors
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trust
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a group of corporations that unite in order to reduce competition and control
rices in a business or an industry |
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monopoly
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a company that controls all producrion and sales of a particular product or service
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urbanization
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the growth of cities
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trade unions
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early labor organizations that brought together workers in the same trade, or job,to fight for better wages and working conditions
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collective bragaining
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a method for negotiaing labor issues in which union representatives bargain with employers on behalf of the union's members
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