Industry Terms Flashcards
1
Q
Someone who starts a new business.
A
Entrepreneur
2
Q
A license confirming the right to making, selling, or using an invention
A
Patent
3
Q
A system in economics where businesses operate and compete freely
A
Free Enterprise
4
Q
A tax that is paid on certain imports and goods
A
Tariff
5
Q
A characteristic of a city or town
A
Urban
6
Q
A characteristic of the countryside or a remote place
A
Rural
7
Q
Fully understanding a topic or idea
A
Assimilation
8
Q
The act of protecting the main interests of the native-born more than the interests of immigrants
A
Nativism
9
Q
Process of moving to or becoming a citizen of another country
A
Immigration
10
Q
The making of industries in a country on a big scale
A
Industrialization
11
Q
The process of changing a region to be more urban
A
Urbanization
