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Industrialization

TermDefinition
Anti-Trust Legislation Government-created laws to prevent a single company from controlling an entire industry.
Laissez-Faire A policy of letting business owners make their own decisions, without government interference. Businesses did not want the government interfering with the free market.
Emigration When a person leaves a country.
Monopoly When many small businesses merge to form one large corporation. A single company has control over an entire industry.
Manufacture When a large-scale number of items are made using machinery
Immigration When a person settles in a new country
Populism Reform movement that wanted to improve the lives of farmers and improve the economy.
Labor Unions Organization of workers grouped together to negotiate with their employer for better working and living conditions
Progressivism Reform movement that wanted to improve living and working conditions in the cities with particular focus on social reform
Created by: JenBeckler