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Unit 2 Vocab
| Term | Definition |
|---|---|
| Graft | Illegal use of political influence for personal gain. |
| Melting Pot | Mixing together of all cultures by assimilation. |
| Monopoly | Complete control over its industry's production, wages and prices |
| Nativism | Favoring native-born Americans over immigrants. |
| Horizontal Integration | Attempting to buy out competing producers; companies producing similar products merge |
| Urbanization | The growth of a city in population and consumerism. |
| Social Darwinism | Philosophy that the fittest will survive in life and competition. |
| Patronage | The power to appoint people to positions in gov’t regardless of experience. |
| Vertical Integration | Business owners buy out their suppliers in order to control raw materials and transportation systems |
| Philanthropy | Using your power, money or privilege to do good for the greater good without expecting anything in return. |