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U2 L2 Vocab

Concepts

TermDefinition
Urbanization The growth of cities
Industrial The change from hand made goods to machine made goods
Federal Trade Commission Also known as FTC; regulated trade in the United States
Monopoly Control over a certain good or industry by one company
Trust Group of companies controlled by one management team.
Child Labor People under the age of 16 working.
Wages Money paid to workers
New Freedom President Wilson's domestic program
Federal Reserve System Created a national banking system to issue and regulate US currency.
Created by: kellyemo