| Term | Definition |
|---|
| resource management | the rational scientific management of natural resources such as timber or mineral deposits |
| holding company | bought controlling interests in the stock of other companies instead of purchasing them outright |
| arbitration | a settlement imposed by an outside party |
| regulatory commission | a group whose responsibilities it is to see that a company/companies is in compliance with existing laws |
| socialism | an economic theory advocating collective ownership of factories, mines and other businesses |
| capitalism | an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit |
| accommodation | the policy under which certain African Americans accepted the results of white racism in order to achieve economic success |
| melting pot | a society in which various racial, ethnic, and cultural groups were blended together |
| nativism | a policy of favoring native-born individuals over foreign-born ones |
| eugenics | a movement advocating improving the human race by controlling hereditary factors in mating |
Combine with other sets
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