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Chapter 21Vocab
| 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 Power | 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 |