Tenement
-Overcrowded, slum housing
Rural
Industrialization
- mass production
Capitalism
Agrarian
-Related to farming
Mechanization
- Automation
Industry
-The business of making things
Laissez-Faire
-Social Darwinism
Corporation
- Example: Walmart, Sony, Ford etc.
Monopoly/Trust
Sherman Antitrust Act
-1st federal law to attempt limit monoplies
Efficiency
- Eliminated wasted time, money, energy, resources, etc.
Productivity
Measure of inputs and outputs
If you produce more with the same amount of resources or less, your productivity goes up.
Specialization
Getting really good producing or doing one thing
Interdependence
To or more things that need each other to work
This is a result of specialization
Immigration
People moving into a country
Emigration
People leaving a country
The opposite of immigration
Migration
Moving within a country
Nativism
Showing favoritism toward non-immigrants (“natives”)
Urbanization
Cities getting bigger
Political corruption
Using a position of power to cheat and make money
Suburbs
Communities just outside of cities-not as densely populated, but not rural
Policy
A course of action