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social studies vocab
ss
| Question | Answer |
|---|---|
| Boom | A time of fast economic growth |
| Refinery | A factory where metals, fuels, and other materials are cleaned and made into usable products. |
| Prospecter | Those searching for gold, silver and other materials |
| Bust | A time of fast economic decline |
| Long Drive | A trip made by ranchers to lead cattle to market or to the railroads |
| Homesteader | Person living on land granted by the government |
| Open Range | Land on which animals can graze freely |
| Reservation | An area of land set aside by the government for use only by Native Americans |
| Free Enterprise | economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation |
| Transcontinental Railroad | a railroad that goes across North America |
| Entrepreneur | person who organizes a business |
| Petroleum | oily liquid found underground |
| Capital | money available for business use |
| Human Resource | a person who has great knowledge about something |
| New Immigration | immigrants from southern and western Europe and the rest of the world |
| Old Immigration | immigrants from eastern and northern Europe |
| Advertisement | something that pursuades people to do something or buy something |
| Tenement | a beat up old apartment |
| Prejudice | people being treated bad because of their race or religion |
| Regulation | a rule |