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U.S. History II

U.S. History II. Large Group and Lecture Expectations. What we expect…. Be On Time! Be Prepared (Unipac, Bathroom,pen/pencil). Be Respectful. Take notes on information. Please remember your seat for Monday and Thursday. NO FOOD OR DRINK IN L.G./LECTURE NO ELECTRONIC DEVICES!!!!.

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U.S. History II

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  1. U.S. History II Large Group and Lecture Expectations

  2. What we expect….. • Be On Time! • Be Prepared (Unipac, Bathroom,pen/pencil). • Be Respectful. • Take notes on information. • Please remember your seat for Monday and Thursday. • NO FOOD OR DRINK IN L.G./LECTURE • NO ELECTRONIC DEVICES!!!!

  3. Capitalism and Industry Vocabulary

  4. Capitalism • Is an economic system based on private property. -free enterprise

  5. Socialism • Is an economic system in which the government owns the means of production.

  6. Monopoly • Is a market controlled by one producer

  7. Trust • Is a type of business consolidation used in around 1900 to create a monopoly.

  8. Corporation • Is a business organization owned by stockholders.

  9. Stock • Is a certificate that shows part ownership in a corporation.

  10. Dividend • Is a share of the profits of a corporation.

  11. Entrepreneur • Is a person who starts a business.

  12. Robber Barron • Is a term used to describe industrialists implying corrupt practices.

  13. Laissez-faire • Is a government policy of leaving business alone; hands-off policy.

  14. Industry • Is the production and sale of goods and services.

  15. Revolution • Is a sudden (political) overthrow brought about from within a given system.

  16. Tariff • Is a tax on imported goods.

  17. Patent • Is legal protection for inventors.

  18. Subsidies • Is government aid to business.

  19. Urban • the city.

  20. Rural • the countryside

  21. Gilded Age The period of industrial growth and urbanization when things may have appeared better than they were.

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