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vocab for history
| Question | Answer |
|---|---|
| markets | places where buyers and sellers come together |
| industry | name given to all businesses involved in the same productive activity |
| product | a manufactured or agricultural good ready for sale |
| mechanization | the process of using machines to make products for efficiently |
| labor strike | a refusal to work by a group of laborers trying to force business owners to make their work conditions more acceptable |
| monopoly | control of the majority of the business transactions in an industry by one large company |
| patent | legal recognition of an inventor's right to profit from selling his invention to a production company |
| urbanization | The movement of large numbers of citizens from rural areas to cities |
| ghetto | a neighborhood where poor city dwellers live in crowded, dirty, and dangerous conditions |
| tenement | a poorly constructed and maintained apartment building located in a ghetto |
| political machine | A group of city leaders who take advantage of poor, uneducated city residents by doing favors for individuals while stealing tax dollars and failing to provide city services required of them |