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SS Chapter 5

QuestionAnswer
goods products that people make, use, or share
entrepreneur someone who takes risks to start a new business
refinery a factory that turns raw oil into a more useful product
competition the act of competing for customers
monopoly when one company has complete control over the goods in a certain market
boom a period of rapid economic growth
trolleys streetcars that run on tracks
sanitation includes the keeping up of sewage systems
settlement houses groups that provided services to immigrants and others living in cities
innovation a new idea, method, or device
patent an official document that gives an inventor the only right to make, sell, or use his or her invention
laboratory a building or room where experiments take place
Created by: bmusso
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