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Industrialization Terms for Quizlet
Terms in this set (13)
Industrialisation is the period of social and economic change that transforms a human group from an agrarian society into an industrial one
entrepreneurship is a process of identifying and starting a business venture, sourcing and organizing the required resources and taking both the risks and rewards associated with the venture.
industrialists a person involved in the ownership and management of industry
Urbanization is the increasing number of people that live in urban areas. It predominantly results in the physical growth of urban areas, be it horizontal or vertical
Philanthropy, "love of humanity" in the sense of caring, nourishing, developing and enhancing "what it is to be human" on both the benefactors' (by identifying and exercising their values in giving and volunteering) and beneficiaries' (by benefiting) parts.
free enterprise For any version listed below, click on its date to view it. For more help, see Help:Page history and Help:Edit summary.
Populism is a political doctrine in which one sides with "the people" against "the elite".[
cattle boom An abrupt shift from the Hispanic pastoral to single-purpose American entrepreneurism during the Gold Rush marked the beginning of a spectacular cattle boom throughout California. Prior to 1848 California cattle were commercially valuable only for their hides and tallow, and the average price of full-grown steers seldom rose above four dollars a head.
Laissez-faire is an economic environment in which transactions between private parties are free from government restrictions, tariffs, and subsidies, with only enough regulations to protect property rights.
labor union It was officially released on 5 August 2007 via Babygrande Records.[
anti-trust that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.[
Pure Food and Drug Act
The Pure Food and Drug Act of 1906 was the first of a series of significant consumer protection laws enacted by the Federal Government in the twentieth century and led to the creation of the Food and Drug Administration.
Interstate Commerce Act
Interstate Commerce Act is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.
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