Chapter 11 Lessons 1, 2, & 3

Front

A variety within a group

Back

diversity

Front

A large business owned by investors

Back

corporation

Front

A factory system in which a product is put together as it moves past a line of workers, each of whom does one part of the whole job.

Back

assembly line

Front

Someone who buys or uses good and service

Back

consumer

Front

A building that has been divided into many small apartments

Back

tenement

Front

The growth or spreading of cities

Back

urbanization

Front

Someone who takes a risk to start a business

Back

entrepreneur

Front

A person who risk money in a business, hoping to earn a profit

Back

investor

Front

An economic system in which people are free to start their own businesses or to do whatever work they want; also called capitalism or free market system

Back

free enterprise system

Front

A group of workers, usually in the same type of job, who have united to demand better wages and working conditions.

Back

labor union