Us History

Unit 3- Industrialization, Urbanization, Immigration (Chapter 6 and 7) Academic Vocabulary- 2-3 sentences for each term. engrossment: Promoting or supporting the fulfil of absorbing ethnic minorities into de preponderant culture. Capitalism: An stinting system in which the means of fruit and distribution are privately owned and operated for profit. Industrialization: The process of social and economic change that transforms a human assort from bingle form of society(usually agricultural) into an industrial society. Monopoly: A market in which there are many buyers but only one seller. Unionization: The act of organizing into a group of throng whose special concern is fair labor practices. Urbanization: Movement of people from rural areas to areas with population growth equating to a more(prenominal) dense population. Objectives- 4-7 Sentences on each and complete any Assignments listed under(a) the Objective!! Level III Identify the three forms of economic resources. 1)Natural Resources: Found in the earth!!! a.Oil(Black Gold) b.Steel (thanks to straighten out and the Bessemer Process) 2)Capital Resources: Must be purchased a.Factories b.Supplies/Equipment 3)Human Resources: Those who get the moving in done a.

Workers-we have a lot of them (big population) Level III pardon the concept of Capitalism. Capitalism: Private ownership of aires ( the government is non in charge.) *Example: Railroad companies vs. The grangers( farmers alliance) Railroads were charging too much for shipment, farmers wanred the govt. to grade in. Munn v. Illionois-SupremeCourt said states could regulate RR pridces( help farmers/consumers.) Interstate commerce act- call forth could not set rates on interstate $$ business (prices back up) In the end, several RR companies went bankrupt(depression.) Big business guys took defend… Level III Assess the impact of management and business strategies that contributed to the success of business tycoons. Social Darwinism: Created a... If you want to get a full essay, order it on our website: Orderessay

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