Industrialization Vocabulary

all the people and activities involved in producing a good or service

• industry

• immigration

• urbanization

• capitalism

• monopoly

the growth of cities

• industry

• immigration

• urbanization

• capitalism

• monopoly

moving to a foreign country permanently

• industry

• immigration

• urbanization

• capitalism

• monopoly

economic system in which businesses are privately owned

• industry

• immigration

• urbanization

• capitalism

• monopoly

one business controls the entire market of a particular good

• industry

• immigration

• urbanization

• capitalism

• monopoly

means "gold covered"

The time period from late 1800s to early 1900s when America became very wealthy

• Gilded Age

• Laissez Faire Policies

• Socialism

• trust

• Robber Barons

means "let it be" in French

The USA's government policy toward business during the Gilded Age

• Gilded Age

• Laissez Faire Policies

• Socialism

• trust

• Robber Barons

type of economy in which the government tries to make everyone economically equal

• Gilded Age

• Laissez Faire Policies

• Socialism

• trust

• Robber Barons

a group that worked in the interest of the monopolies often using corruption and illegal activities to make decisions that only benefited the monopoly owners

• Gilded Age

• Laissez Faire Policies

• Socialism

• trust

• Robber Barons

a person who became rich through corrupt and/or illegal ways

Ex: Rockefeller, Carnegie, Vanderbilt, Morgan

• Gilded Age

• Laissez Faire Policies

• Socialism

• trust

• Robber Barons