Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove Ads
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards




share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Chapter 3 Vocab

Rise of Industry

TermDefinition
gross national product the total value of goods and services produced by a country during a year
laissez-faire a policy that government should interfere as little as possible in the nations economy
entrepreneur one who organizes, manages, and assumes the risks of a business or enterprise
time zone a geographic region in which the same standard time is kept
land grant a grant of land by the federal government, especially for roads, railroads, or agricultural colleges
corporation a organization that is authorized by law to carry on an activity but treated as one person
economies of scale the lowering of cost for goods brought in especially for high production at given factory
monopoly total control of an industry by one person/company
trust a combo of firms formed by a legal agreement, mostly to reduce competition
holding companies a company whose primary business is owning a controlling share of stock in other companies
deflation a rise in the value of money due to the decline of availability to it
industrial union an organization that joined laborers and craft workers in a particular industry together
lockout a company tool to fight union demands by refusing to allow employees to enter its work facilities
arbitration settling a dispute by agreeing to accept the decision of an impartial outsider
injunction a court order that refrains someone from doing a certain act
closed shop an agreement in which companies agree to only hire union members
Created by: amkemp