Vocab 1
Expansion
The action of becoming larger or more extensive
Business Magnate
Person with great wealth and power in a particular industry.
Company has total control of industry (not legal)
Monopoly
Reform
Positive change to fix existing problems.
Urbanization
The growth of cities; a population shift from rural (country) to cities
Monroe Doctrine
A policy that any interference by European nations in the Americas is considered a hostile act against the US
Captain of Industry
Business owner who is innovating and thinks “outside of the box”
Muckraker
Writer who exposes problems in society.
Settlement House
Institution of inner-city areas that provided educational, recreational, and other social services to the community.
Manifest Destiny
The belief that the expansion of the US throughout the American continents was justified
Gilded Age
Era known for its glittery surface, but masked corruption.
A person who wanted to improve society.
Progressive
Tax on imports
Tariff
Territory
An area of land under the jurisdiction of a ruler or state
Process by which the economy moves from primarily agricultural to manufacturing.
Industrialization
A time period of major reform due to negative effects of industrialization and urbanization.
Progressive Era
Tenement
Rundown, crowded apartment house in the poor section of town.
Imperialism
When a stronger country takes over a weaker one for military, economic, and/or social reasons
Merger
Combination of 2+ companies (legal)
Business owner who uses questionable tactics to gain power.
Robber Baron
Organization of several businesses in same industry which controls production and distribution of a product thereby limiting competition (now illegal)
Trust