Fast & Furious Vocab Unit 1 January 31 editionj

What is Lassiz Faire Economics?

• Government does not intervene in business practices

• Government sets up regulations for businesses

• Company controls all the competitors

• Government works with governments and gives them money to support them

What is a business practice in which a company takes over all of its competitors called?

• Laissez Faire

• Horizontal Integration

• Vertical Integration

• Money Hording

What is a business practice in which a single manufacturer controls all the steps used to change raw materials into finished products?

• Laissez Faire

• Horizontal Integration

• Vertical Integration

• Money Hording

What theory claims that the best people in society are the ones who rise to the top?

• Horizontal Integration

• Lassiz Faire Economics

• Social Darwinism

• Robber Barons

What article did Andrew Carnegie write that discussed philanthropy?

• Pullman Strike

• Gospel of Wealth

• Philanthropy News Digest

• Populist News

Organization of workers that tries to improve working conditions, wages and benefits for its members

• Labor Union

• Strike

• Lockout

• Blacklist

An organized work stoppage intended to force an employer to address union demands is called what?

• Labor Union

• Lockout

• Blacklist

• Strike

What is a company tool used to fight union demands by refusing to allow employees to enter its facilities to work?

• Strike

• Lockout

• Blacklist

• Yellow Dog Contract

What is a list privately exchanged among employers containing the names of persons to be barred from employment because of untrustworthiness?

• Lockout

• Blacklist

• Black book

• Yellow Dog Contract

Preview ? --> What is a factor that causes people to leave their homelands and migrate to another region?

• Push factor

• Immigration

• Pull Factor

• Movement