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| policy that government should interfere as little as possible in the nation’s economy. |
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| the total value of goods and services produced by a country during a year. |
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| dominated the economy, operating vast complexes of factories, warehouses and distribution. |
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| an organization that is authorized by law to carry on an activity, but treated as though it were a single person |
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| costs a company has to pay whether or not it is operating. |
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| fees that occur when a company is in operation |
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| reduction in the cost of a good brought about by increased production at a given facility. |
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| when a company owns the different businesses it depends on for its operation. |
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| combining many firms doing the same type of business into one large corporation. |
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| the expanding of cities made by immigrants moving into towns. |
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| an organization linked to a political party that often controlled local government. |
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| the acquisition of money in dishonest ways, as in bribing a politician |
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| political movement founded in the 1890s representing mainly farmers, favoring free coinage of silver and government control of railroads and other large industries. |
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| paper currency that could not be exchanged for gold or silver coins. |
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| decline in the value of money |
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| increase in the value of money |
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| a political movement that crossed party lines which believed that industrialization and urbanization created many social problems and that government should take a more active role in dealing with these problems |
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| a group of journalists who investigated social conditions and political corruptions. |
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Definition
| laws banning the manufacture, sale and consumption of alcohol. |
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