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History of the Americas

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combination of corporations that control an entire industry
method of production in which work is done in homes rather than in a shop or factory
bargaining method involving the refusal of workers to work until their demands have been met
belief that government should leave business alone
pattern consisting of alternating periods of prosperity and decline
person who believes that people can live at peace with each other if they live in small cooperative settlements owning all of the means of production in common and sharing the products
system of manufacturing large numbers of items that are exactly alike
early phase of capitalism involving merchants who bought, sold, and ex changed goods
way of making steel that involved the forcing of air through molten iron to burn off carbon and other impurities
use of automatic machinery to increase production
To improve the financial situation of the United States, Alexander Hamilton wanted toA. establish banks in each state.B. establish a national bank.C. encourage more farming.D. borrow more money to pay the country's bills.
business owned and controlled by two or more people
economic system in which private individuals rather than the government control the factors of production
control of the total production or sale of a good or service by a single firm
business organization involving the sale of stock to investors, but limiting the shareholders financial responsibility to the amount invested
production of goods in a factory through the use of machines and many workers
phase of capitalism during the Industrial Revolution when people were involved in producing and manufacturing goods themselves
manufacturing business owned and controlled by one person
established the first regular inland steamboat service
practice of fencing or enclosing common lands into individual holdings

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