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SS - Unit 3

Industry and Big Business Vocabulary

TermDefinition
advertising any form of communication intended to persuade someone to buy a product or service
agriculture farming/having to do with farms
assembly line manufacturing products by dividing the jobs into many small steps, each done by one person in a line with many other workers
Captains of Industry a term for business leaders who built up large scale industries in the U.S. during the late 1800's and early 1900's
consumers all people who buy and consume (use) products for themselves or other family members
consumer goods products made for people to buy, such as clothes, furniture, cooking stoves, etc.
financial resources money, especially in the form of bank loans, savings, or investments
immigration the movement of people from other countries into your country (INmigration)
emigration movement of people from your country to other countries (OUT)
industrialization the change from small scale hand production of goods to large scale factory methods of manufacturing
iron ore a rocky material containing iron that is dug from mines and then heated to a high temperature to release the metal
mail order catalogs printed booklets listing products that a customer could buy from a company in a distant city for delivery by mail
mechanization the shift to a greater use of machines instead of just human labor, to produce products or grow crops
national markets a market is a place where a product is sold "National markets" refers to the selling of a product in markets all over the country, not just in one city or area
natural resources naturally occurring materials like coal, iron ore, and copper that can by used in the making of products
raw materials the basic materials that are used in the manufacturing of products. Usually, raw materials are natural resources.
reaper a machine for harvesting wheat, invented by Cyrus McCormick in Virginia in the 1830's
textile industry the cloth making industry. It was the first industry to convert to factory and machine production methods. In America, the textile industry first developed in the New England states.