A | B |
Anti-trust Legislation | A government regulation/law against forming trusts and monopolies, protecting the consumer by preventing a single company from controlling the entire industry. |
industrialization | The process that transforms a country from an agricultural country to a country based on manufacturing. |
Industrialization Effects | Industrialization caused changed in social (people and their communities, political (politics and government), and economic (money or wealth-jobs and goods/services produced) aspects of society |
Labor Union | An organization of workers in a particular industry or trade, created to defend the interests of members through strikes or negotiations. |
Laissez-Faire | A policy where the government stays out of the economy. A French term meaning to let the people do as they choose. Businesses did not want the government interfering with the free market. |
monopoly | A monopoly (or trust) occurs when one company or person effectively controls an entire industry. |
Populism | Reform movement organized by farmers in the 1890s to improve their lives. |
Populist Party | A group formed to represent the interests of farmers in the 1890s; they advocated issues such as public ownership of railroads and a graduated federal income tax. |
Progressivism | A movement to change bad aspects of society, especially a desire to improve living conditions in the country. |
Pull Factor | The good conditions which cause a person to enter another country to live (pull them in) such as wealth, employment, freedom and peace. |
Push Factor | The poor conditions which cause a person to leave their country (push them out) such as unemployment, oppressive government, and war. |
urbanization | The process that occurred in this country after the Industrial Revolution when new industrial cities emerged and more Americans lived in cities to get jobs. |