2025 Final Exam Review: U.S. History 8 Vocab List 2

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Assimilation

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Assimilation is adopting another group's culture, often losing original cultural aspects.

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Dawes Act

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The Dawes Act was a U.S. law passed in 1887 that aimed to assimilate Native Americans by dividing tribal lands into individual plots.

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Big Business

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"Big Business" refers to large-scale or powerful corporations that dominate an industry or sector, especially during the late 19th and early 20th centuries in the U.S.

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Corporations

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Corporations are large companies or groups authorized to act as a single entity in law.

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What are Stocks?

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Stocks are shares of ownership in a corporation.

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Trusts

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Trusts are combinations of companies formed to control production and prices, often reducing competition.

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Monopoly

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A monopoly is the exclusive control of a commodity or service in a market, allowing price manipulation.

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Standard Oil

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Standard Oil was a large American oil company established by John D. Rockefeller that became a monopoly before being broken up by antitrust laws.

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Knights of Labor

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The Knights of Labor was an early labor organization in the United States that sought to organize all workers and advocated for broad social reforms.

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What is the American Federation of Labor?

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The American Federation of Labor (AFL) was a national federation of labor unions in the United States founded in 1886, focusing on skilled workers and practical economic goals.