US History Vocab: Chapter 9
Terms
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- resource management
- the rational scientific management of natural resources such as timber or mineral deposits
- holding company
- bought controlling interests in the stock of other companies instead of purchasing them outright
- arbitration
- a settlement imposed by an outside party
- regulatory commission
- a group whose responsibilities it is to see that a company/companies is in compliance with existing laws
- socialism
- an economic theory advocating collective ownership of factories, mines and other businesses
- capitalism
- an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit
- accommodation
- the policy under which certain African Americans accepted the results of white racism in order to achieve economic success
- melting pot
- a society in which various racial, ethnic, and cultural groups were blended together
- nativism
- a policy of favoring native-born individuals over foreign-born ones
- eugenics
- a movement advocating improving the human race by controlling hereditary factors in mating