| A | B |
| rebates | refunds to the buyer of a part of the prices for purchased products or services |
| consolidation | combining several companies into one large company |
| regulate | to make rules for |
| free enterprise | an economic system in which businesses are free to compete without government rules |
| interstate commerce | business between states |
| capital | money used to produce goods |
| corporation | a type of business that raises money by selling shares of stock to investors |
| stockholders | investors who own stock in corporations |
| dividends | part of the profits of a corporation earned by stockholders |
| trust | a form of business in which a board of trustees or managers control the member corporations |
| collective bargaining | process by which representatives of a union and a business discuss and reach agreement about wages and working conditions |
| arbitration | using a third party to settle a dispute |
| injunction | a court order |
| labor | the work force |
| mail order | to purchase through the postal service |
| mechanization | the process of making something machine-like |
| national market | sales market that extends throughout the country |
| prosperity | thriving; experiencing success usually in the area of finances |
| industrialization | the process of changing from an economic system based on farming and trade to one based on large-scale production and mechanization |
| socialism | the belief that government, not individuals, should own the nation’s major industries |
| steerage | cramped compartment below deck where immigrants stayed on their ocean journey |
| anti-Semitism | hatred and persecution of Jews |
| ethnic neighborhoods | areas where people share the same languages and culture |
| assimilate | to be absorbed into the main cultural group |
| urbanization | the movement of people into cities |
| tenements | apartment houses where large families shared 1 or 2 rooms |
| vaudeville | stage show that combine song, dance, opera and comedy |
| Chinese Exclusion Act | an 1882 law which banned Chinese laborers from coming to the United States |
| political machine | an organization of a political party that granted favors in return for votes |
| political corruption | dishonest use of political power and position |
| settlement house | a community center that provided services from serving hot meals to teaching English language to poor people |
| leisure | free time |
| urban | having to do with the city |
| rural | having to do with the countryside |
| ghetto | inner city slums where poor, even homeless people, lived |
| Hull House | a settlement house in Chicago, started by Jane Addams and Ellen Starr |