Steve Jobs, Bill Gates are examples of this term used to describe an economic risk taker who stated new business ventures in the free enterprise.
What is entrepreneur?
100
People who came to the United States from Northern and Western Europe, having fair skin, light hair and Protestant
What are the old immigrants?
200
The name of the free enterprise system where most businesses are privately owned.
What is capitalism?
200
Immigrants whose religions were Roman Catholicism, Jewish, and Orthodox
Who are the New Immigrants?
300
From the French word, “leave alone”, this word describes how many businesses operated without government influence.
What is laissez-faire?
400
This philosophy was used to justify inequalities between strong businesses that were able to adapt and weaker ones that would fail.
What is Social Darwinism?
500
John D. Rockefeller was known as this because he controlled large amounts of the refining business, paid low wages, and drove competition out of business.