Industrial Revolution
This term refers to someone who starts a business from the ground up and has sole ownership
Entrepreneur
This term refers to a group of people possessing shared ownership of a business.
Corporation
These regions of the world primarily make the population of the "New Immigrants"
Eastern Europe, Japan, Korea
These acts made it infinitely harder to become a citizen, giving the president authority to deport anybody he deemed "Dangerous". It also made it illegal to criticize the government via journalism.
Alien/Sedition Acts 1798.
This person is credited with over 1000 patents and is the face of the light bulb and affordable light in homes.
Thomas Edison
These policies allow businesses to operate under little-to-no regulation from the government.
Laissez-Faire Policies
A monopoly is when...
A single business dominates the market with no real competition.
Things like economic opportunity and religious persecution are examples of_________ for immigrants
Pull Factors
This act made the immigration of the most prominent laborers of the 1800's illegal.
Chinese Exclusion Act of 1882
This term refers to an agricultural product grown and sold mainly for profit.
Cash Crop
This is a government grant giving inventors rights to an invention for a period of time.
Patent
This term refers to acquiring ownership of every step of production from start to finish
Vertical Integration
"The Guardian of the Western Gate", also known as ________ was a processing station for Asian Immigrants in the Bay Area.
Angel Island
This act was an informal deal between the U.S. and Japan in which the U.S. would agree to treat Japanese immigrants fairly in exchange for less Japanese immigrants sent over to the U.S.
Gentlemen's Agreement 1908
This term refers to the secretive collaboration of business to control the market, limiting production and fixing prices (keeping them high)
Cartels
The first industrial revolution was marked by coal and iron. These were the key resources of the second industrial revolution.
Steel, Oil, Electricity
This man is known as the "Steel Guy", a philanthropist, and was a big proponent of vertical integration.
Andrew Carnegie
This term refers to things that make immigrants leave their homes (Ex. War/Famine).
Push Factors
This act limited immigration to 3% of each group already existing in the U.S. per year.
Emergency Quota Act 1921
This term refers to a society where multiple nationalities assimilate to form one culture
Melting Pot
This refers to the ability to make products in large quantities quick and cheap with machines instead of tools.
Mass Production
This term applies a theory of evolution to socioeconomics, stating people with more wealth are more "Fit" to live in society.
Social Darwinism
This was a processing station for European immigrants coming to the East coast/New York.
Ellis Island
This act brought the quota down to 2% and banned Asian immigration all together
Immigration act of 1924
This term refers to the favoring of someone from their original country over an immigrant or foreigner.
Nativism