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Big Bus/Monopoly

TermDefinition
Industrial Revolution Major social and economic changes that occurred in Britain, Europe, and the U.S. in the late 18th and early 19th centuries when new machinery, new sources of power, and new ways of manufacturing products were developed.
consumer a person who buys goods and services
service an organization, company, or system that provides something to the public
(consumer) goods products that people buy for personal use or for use at home
economy the process or system by which goods and services are produced, sold, and bought in a country or region
monopoly complete control of the entire supply of goods or of a service in a certain area or market
just agreeing with what is considered morally right or good
refine to remove the unwanted substances in (something)
kerosene a type of oil that is burned as a fuel — often used before another noun
petroleum a kind of oil that comes from below the ground and that is the source of gasoline and other products
commerce activities that relate to the buying and selling of goods and services
antitrust protecting against unfair business practices that limit competition or control prices
enforce to make sure that people do what is required by (a law, rule, etc.)
reasonable fair and sensible
Created by: Jeffrey.lindsay
 

 



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