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bonds. Certificates that promise to repay the amount paid for them plus interest after a specific period of time. industry. The processing of raw materials into good for sale. Gristmills. Take grain and grind it into flour. sawmills. A machine that cuts timber into boards. capitol.
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bonds • Certificates that promise to repay the amount paid for them plus interest after a specific period of time.
industry • The processing of raw materials into good for sale.
Gristmills • Take grain and grind it into flour.
sawmills • A machine that cuts timber into boards.
capitol • Building where law makers meet.
Supply and demand • The law of economics that states that when the supply of an item is greater than the demand for it, the price drops. When items are scares and the demand is high, the price rises.
rebates • A deduction from the amount paid for something.
monopoly The complete control of a commodity or service in a single market or industry.
segregation • Separation of racials groups.
lynching • The murder of a person by mob action and without a fair trial.
suffrage • The right to vote.
Prohibition • Federal ban on the sale of alcohol.
progressives • Those who wanted to improve society.
wildcatters • People who took great risk by drilling in areas not known to have oil.
roughnecks • Field hands who work in the oil industry.
surplus • More product available than are in demand.