APUSH Unit 6 Fast and Curious

What is the term for the following definition? A French term meaning "allow to do." In economics, it refers to a doctrine of minimal government interference in the economy, particularly in business, allowing the "invisible hand" of the market to regulate itself. It was a dominant belief during the Gilded Age.

• Laissez-faire

• Mercantilism

• Protectionism

• Keynesianism

What is the term for the following definition? A political and economic theory advocating that the means of production, distribution, and exchange should be owned or regulated by the community as a whole, often through the state. It aims for greater equality and public welfare than pure capitalism.

• Socialism

• Capitalism

• Feudalism

• Libertarianism

What is the term for the following definition? A list of people (typically workers or labor leaders) who are refused employment due to their union activities, political beliefs, or other objectionable behavior to employers. This was a common tool used by management to suppress labor organizing.

• Blacklist

• Seniority List

• Whistleblower List

• Merit List

What is the term for the following definition? A fee that citizens were required to pay in order to vote. Used primarily in the South after the Reconstruction era to disenfranchise African Americans and poor whites.

• Poll taxes

• Literacy tests

• Grandfather clauses

• Property requirements

What is the term for the following definition? A work stoppage caused by the mass refusal of employees to work. It is a key tactic used by labor unions to pressure management into granting demands such as higher wages, better benefits, or safer working conditions.

• Strike

• Layoff

• Promotion

• Resignation

What is the term for the following definition? An economic system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. It is characterized by private property, free markets, and the pursuit of profit.

• Capitalism

• Socialism

• Feudalism

• Communism

What is the term for the following definition? The process by which large corporations buy out or merge with smaller ones, creating massive companies, often with the goal of eliminating competition and controlling an entire industry.

• Consolidation

• Diversification

• Franchising

• Outsourcing

What is the term for the following definition? A sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive. Railroads, for example, often received large land subsidies from the U.S. government.

• Subsidies

• Tariffs

• Monopolies

• Inflation

What is the term for the following definition? A court order requiring a person or party to do or cease doing a specific action. In the late 19th and early 20th centuries, courts frequently issued labor injunctions to break up strikes, often at the request of business owners.

• Injunction

• Subpoena

• Affidavit

• Deposition

What is the term for the following definition? A business strategy where one company controls every step of the industrial process, from securing raw materials to manufacturing, transporting, and selling the finished product. Andrew Carnegie's steel company is a classic example.

• Vertical Integration

• Horizontal Integration

• Monopoly

• Outsourcing