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Chptr 21 Vocab
Question | Answer |
---|---|
Assembly Line | a series of stations of workers, machines, & equipment at which people & machines add to, or assemble, the parts of a product. |
Installment plan | a purchase plan that allows consumers to make regular payments for the item purchased over a period of time |
boll weevil | a small, grayish, long-snouted beetle that attacked the cotton plant. |
Stock Market | a place where shares of ownership in corporations (Stock) are bought and sold. |
Great Depression | a severe economic downturn that began with the stock market crash of 1929 & lasted until WW II |
Purchasing Powet | the ability to buy goods & services |
Surplus | a quantity much larger than is needed |
Entrepreneur | one who organizes, operates, & assumes the risk for a business venture |
Suburbanization | the construction of homes & movement of people away from cities |
Flappers | young women of the 1920s |
Lindbergh | first man to fly solo across the Atlantic Ocean |