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Unit 6 Vocab
Term | Definition |
---|---|
Natural Resources | land or raw materials that occur naturally in the environment |
Manifest Destiny | a 19th century idea that the United States was destined to expand from sea to sea. |
Nationalism | loyalty to one’s nation characterized by a belief in the superiority of the nation |
Patriotism | strong feelings of pride in one’s country |
Impressment | forcing someone into government or military services. |
Industrial Revolution | the transformation from an agricultural to an industrial nation. |
Cotton Gin | a machine that separates cotton seeds from raw cotton fibers. |
Plantation | a large farm area on which crops are raised. |
Supply | the total amount of a good or service available for purchase. |
Demand | the amount of a particular economic good or service that a consumer or group of consumers wants to purchase at a given time. |
Manufacturing | the act of making a product from raw materials. |
Share | any of the equal portions into which the capital stock of a corporation is divided and ownership of which is shown by a stock certificate. |
Free Enterprise | also called a market economy; economy that relies mostly on market forces to distribute goods and resources and determine prices. |
Annex | to add, or join together |
Capitalism | an economic and social system in which capital, land and non-labor factors of production are privately owned. |
Forty-Niner | a miner who took part in the California gold rush in 1849. |
Cede | to give over; surrender to give up control of. |
Port | a place with access to water, where goods are imported and exported. |
Merchant Ships | ships that carry cargo for market (sale) |
National Identity | the shared character of a country as a whole, encompassing its beliefs, culture, traditions, language, and politics |
Interchangeable Parts | using standard parts in the manufacturing process of a product |