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unit two
| Term | Definition |
|---|---|
| free enterprise system | an economy in which private citizens own business |
| mass production | produce large amounts of goods quickly and cheaply |
| corporation | a business that is owned by investors who buy shares of stocks |
| monopoly | a company that controls aall or nearly all of the business of an industry |
| trust | a group of corporations run by a single board or directors |
| strikes | used by unions to win their demands from empoyers |
| new immagration | eastern Europeans and asain immagrants- later 1800 |
| old immigration | northwestern Europeans- earlier 1800 |
| civil service | all federal jobs |
| spoils system | rewarding supporters with government jobs |