Chapter 12-13 Vocab Flashcards

0
Q

Chisholm trail

A

A trail started in 1867 drove longhorns drove San Antonio,TX to Abilene KA

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1
Q

Vaqueros

A

Mexican cowboys that started many Mexican customs

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2
Q

Transcontinental railroad

A

A railroad that span tan entire continent

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3
Q

Lobbyist

A

Someone who pushes for a bill to be passed in congress

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4
Q

Reservation

A

An area of federal land reserved for an Indian tribe

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5
Q

Assimilation

A

Absorption of a type of person into the dominant culture in that area

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6
Q

Dawes act

A

In 1887 congress passed this in which a tribe could no longer resist reservation lands as a group

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7
Q

Homestead act

A

Designed to provide tracts of lands called homesteads to settlers in the west

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8
Q

Exodusters

A

Migrants that organized a postwar migration to Kansas and beyond

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9
Q

Populism

A

A political policy that favors the common persons interests over wealthy business interests

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10
Q

Monetary policy

A

Controlled the supply and value of a country’s currency

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11
Q

Gold standard

A

Every paper dollar was backed up by one dollars worth of gold

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12
Q

Populist party

A

The peoples policy, that put the peoples opinion first

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13
Q

Capitalism

A

An economic system in which factories, equipment, and other means of production are controlled by the government

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14
Q

Bessemer process

A

In 1855 Henry Bessemer patented a new method of making steel

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15
Q

Factors of production

A

Land, labor, and capital

16
Q

Capital

A

An asset that can be used to produce goods

17
Q

Monopoly

A

A company that completely dominates a particular industry

18
Q

Trusts

A

A set of companies that are managed by a small group known as trustees

19
Q

Horizontal integration

A

The joining together as many firms from the same industry as possible

20
Q

Vertical integration

A

Involved taking control of each step in the production and distribution of a product by accruing raw materials to manufacture, package, and ship

21
Q

Laissez-Faire

A

This doctrine held that the market, through supply and demand, would regulate itself if the govt. did not interfere

22
Q

Social Darwinism

A

The idea of survival of he fittest and evolution

23
Q

Sherman antitrust act

A

Outlawed trusts, monopolies, and other forms of business that restricted trade

24
Q

Entrepreneurs

A

Bold risk takers that establish a new business

25
Q

Philanthropist

A

Person who gives large sums of money to support worthy causes