US 2

Question 0

businesses formed by investors whose purchase of stocks in the company provide the capital money for the company’s operation and growth

Answer 0

corporation

Question 1

an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations

Answer 1

capitalism

Question 2

“allow to do”

French term that refers to an economy in which government does not make rules for businesses

Answer 2

laissez-faire

Question 3

a mixture of people from different cultures and races who blend together by abandoning their native languages and cultures

Answer 3

melting pot

Question 4

a tax on imported goods that is intended to protect a nations businesses from foreign competition

Answer 4

protective tariff

Question 5

a government issued document that protects an investors exclusive right to profit from his/her invention for a set period of time

Answer 5

patent

Question 6

exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices

Answer 6

monopoly

Question 7

an active effort to improve society through donations of wealth

Answer 7

philanthropy

Question 8

an economic and social philosophy holding that a system of unrestricted competition will ensure the survival of the fittest

Answer 8

social Darwinism

Question 9

Andrew carnegies idea (book) that wealthy people should use some of their wealth to improve society

Answer 9

gospel of wealth

Question 10

favoring the interests of native-born people over foreign-born people (prejudiced against newcomers)

Answer 10

nativism

Question 11

and economic system by which the means of production and distribution of goods are owned, managed, or controlled by the government

Answer 11

socialism