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SS - Unit 3
Industry and Big Business Vocabulary
| Term | Definition |
|---|---|
| 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. |
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stephanie_erickson
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