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12 Terms
Mixed Economy
The government owns some property and some goods ans services and decides what they will cost
The sherman anti trust act
Prohibits companies form any activity that reduces competition, banned monoplies
The clayton Anti trust act of 1914
Gives U.S. power to prevent companies from merging together, reducing competition
Samuel Slater
Started american industrialization
Laissez-Faire
A belif that the government should not interfere in buisness
Social darwinism
The idea that the strongest buisnnesses and people naturally succed
Herbert spencer
A thinker who supported social darwanism
Vertical integration
Control of every step of production by one company
Horizontal integration
Control of a sinlge product or natural resource
17th ammendmant
Allows voters to cast direct votes for U.S. Senators
18th ammendmant
Prohibited the manufacture, sale, or transportation of alcoholic beverages.
19th ammendmant
Gave women the right to vote
Note 
Flashcards (42)