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U2L2Notes2
Unit 2 Lesson 2 Notes 2 Vocabulary
Term | Definition |
---|---|
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 |