A | B |
Open Range | Vast agreas of grassland owned by the federal government |
Long Drive | Driving cattle long distances to a railroad depot for fast transport and great profit |
Chisholm Trail | A cattle drive trail that went from Texas to Kansas |
Barbed Wire | An invention which enabled hundreds of square miles of prairie land to be fenced off cheaply and easily |
Great Plains | an immense sweep of grassland with little moisture located in the middle of the North American continent |
Homestead Act | For a $10 fee settlers could claim up to 160 acres of land in the Great Plains Region |
Gross National Product | The total value of goods and services produced by a country during a year |
Alexander Graham Bell | This man invented the telephone |
Thomas Alva Edison | This man invented the electric light bulb |
Time Zone | A geographical region in which the same standard time is kept |
Corporation | An organization that is authorized by law to carry on an activity but treated as though it were a single person |
Closed Shop | An agreement in which a company agrees to hire only union members |
Lockout | A company tool to fight union demands by refusing to allow employees to enter its facilities to work |
Deflation | A decline in the volume of available money that results in lower prices, and therefore, increases the buying power of money |
Trust | A combination of firms or corporations formed by a legal agreement to reduce competition |
Laissez Faire | Policy that government should interfere as little as possible in the nation's economy |
Andrew Carnegie | 19th century steel tycoon who became one of the 20th century's most famous philanthropist |
Bessemer Process | Industrial process for the manufacture of steel from molten pig iron |
Monopoly | Total control of a type of industry by one person or one company |