| A | B |
|---|
| Industrialization | The transformation from producing goods by hand to producing goods by machines in factories. |
| Working Class | Peoplel who work in manual labor jobs for low wages. |
| Laissez-faire | Hands off government "leave business alone" because supply and demand will regulate the market itself. |
| Factors of Production | Three basic factors needed for production are land, labor and capital. |
| Monopoly | A company that completely dominates a particular industry. |
| Capitalism | Economic system which relies on private ownership and competition. |
| Socialism | An economic system where the government owns the means of production instead of private citizens. |
| Sweatshop | Small cramped factories where employees worked long hours for low wages. |
| Strike | Weapon used by labor unions when negotiations with business owners fail. |
| Immigrants | People who came here from another country. |
| Tenements | Small,cramped apartments in cities where many people in one family would live. |
| Pull-factor | Something pulling someone to want to live in the US such as availability of jos or religious freedom. |
| Push-factor | Something pushing someone to want to leave their home country, such as famine or religious persecution. |
| Ethnic Enclave | An area where people lived with people from the same ethnic background. |
| Americanization | The assimilation of immigrants to be more "American." |
| Nativism | The idea of favoring the interest of native-born Americans over immigrants |
