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Ch. 11 Vocabulary
Flash Cards
Term | Definition |
---|---|
cotton gin | a machine that removes seeds from cotton fiber |
interchangeable part | a part of a machine or device that can be replaced by another, identical part |
patent | sole legal right to an invention and its profits |
technology | equipment that makes use of advanced knowledge and skill to solve a problem or do a task |
capitalism | economic system in which people and companies own the means of production |
capital | money or other items, such as machines or buildings, used to create wealth |
free enterprise | a type of economy in which people are free to buy, sell, and produce whatever they want |
element | part of a large whole |
census | the official count of a population |
turnpike | road on which tolls are collected |
reveal | to show |
canal | an artificial waterway |
lock | separate compartment in which water levels rise and fall in order to raise or lower boats on a canal |
region | an area defined by a feature or characteristic |
intense | very strong |
internal | within the country |
sectionalism | rivalry based on the special interests of different areas |
monopoly | a market where there is only one provider |
interstate commerce | economic activity taking place between two or more states |
cede | to transfer control of something |