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MN Studies:Lesson 10

QuestionAnswer
The practice of producing enough food to feed one's own family but not enough to sell at market subsistence farming
1862 law that provided up to 160 acres of land to settlers who would live on it and farm it for five years Homestead Act
Someone who buys and sells land, hoping to make a profit, often at great financial risk land speculator
An area of economic activity in which people buy and sell goods and services. Markets are where prices are determined. Market
The practice of producing a variety of crops and livestock on one farm Diversified farming
A nationwide organization for farmers that supports their economic well-being and their political interests Grange
An organization formed to help its members buy or sell products as a large group in order to get better prices cooperative
To control or adjust something in order to change how it works regulate
Created by: AdelinnSt.Onge
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