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AChangingState
My World: Ohio Chapter 5
Term | Definition |
---|---|
goods | products that people make, use, or share |
entrepreneur | someone who takes risks to start a new business |
refinery | a factory that turns a raw material, such as oil, into a more useful product |
competition | the act of trying to win business from the same group of customers |
monopoly | complete control by one company over goods and business in a certain market |
boom | a period of rapid economic growth |
trolley | a streetcar that runs on tracks |
sanitation | the act of cleaning; in cities it includes sewage systems, trash collection, and street cleaning |
settlement house | groups that provided services to immigrants and others living in cities, taught immigrants English, business skills, gave free meals, and medical care |
innovation | a new idea, method, or device |
patent | an official document that gives an inventor the only right to make, sell, or use his or her invention |
laboratory | a room or building where experiments take place |