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Ch. 10 Flashcards
| Definition | Term |
|---|---|
| the practice of producing enough food to feed one's own family, but not enough to sell at market. | Subsistence farming |
| Homestead Act | |
| Land spectulator | |
| Market | |
| Diversified farming | |
| Grange | |
| Cooperative | |
| Regulate | |
| 1862 law that provided up to 160 acres of land to settlers who would live on it and farm it for five years. | |
| someone who buys and sells land, hoping to make a profit, often at great financial risk. | |
| an area of economic activity in which people buy and sell goods and services. Markets are where prices are determined. | |
| the practice of producing a variety of crops and livestock on one farm. | |
| nationwide organization for farmers that supports their economIc well-being and their political interests. | |
| an organization formed to help its members buy or sell products as a large group in order to get better prices. | |
| to control or adjust something in order to change how it works. |