Vocab Flashcards
(21 cards)
Railroad Baron
A powerful individual who owned railroads and could control rail traffic
Patent
A license issued by the government that gives someone the right to make use and sell an invention without others copying it
Phonograph
A machine for reproducing sounds from a recording
Assembly Line
A manufacturing system in which each worker performs an assigned task again and again
Mass Production
Using a mechanized proceeds to make a lot of one product
Monopoly
Total control of an industry by a single producer
Entrepreneur
A person who starts a business
Corporation
A type of business organization that can have many leaders
Stock
Part ownership of a corporation
Labor Union
A group of workers organized to demand better pay and working conditions.
Collective Bargaining
Talks between a labor union and management over wages and other matters
Emigrate
To leave one’s homeland
Ethnic Group
People who share common culture of heritage
Assimilate
To become part of a larger culture
Nativist
A person who opposes immigration
Tenements
An apartment building in a slum
Yellow Journalism
A journalistic writing style exaggerating the dramatic or shocking aspects of stories
Oligopoly
A group of business that agree to limit competition and raise of price to increase profit
Muckraker
An reporter who exposed corruption in business
Suffragist
An active supporter of women’s rights to vote
Conservation
The protection and preservation of natural resources
