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Chapter 5 Cram Jam Session Sherry Woods, Caywood Elementary School Lexington, TN 1 Chapter 5 Cram Jam Session Sherry Woods, Caywood Elementary School Lexington, TN 1

Free Enterprise n An economic system in which businesses have the freedom to offer Free Enterprise n An economic system in which businesses have the freedom to offer for sale many kinds of goods and services. 2

Capital Resources n Money needed to run a business. 3 Capital Resources n Money needed to run a business. 3

Entrepreneur n Person who takes a chance by opening up a business 4 Entrepreneur n Person who takes a chance by opening up a business 4

hub n City where many trains and planes make stops on their way to hub n City where many trains and planes make stops on their way to different destinations 5

prejudice n Feeling some people have that makes them dislike members of a different prejudice n Feeling some people have that makes them dislike members of a different race or culture 6

invest n To buy stock in a company in hopes of making a profit invest n To buy stock in a company in hopes of making a profit 7

tenements n Crowded and poorly built apartment house 8 tenements n Crowded and poorly built apartment house 8

monopoly n Nearly complete control of an industry 9 monopoly n Nearly complete control of an industry 9

Ellis Island n Entry place into the United States for most immigrants from Europe Ellis Island n Entry place into the United States for most immigrants from Europe 10

naturalization n Steps that immigrants take to become United States citizens 11 naturalization n Steps that immigrants take to become United States citizens 11

Angel Island n Entry place into the United States for most immigrants from Asia Angel Island n Entry place into the United States for most immigrants from Asia 12

Jane Addams n Founded a settlement house that helped people living in Chicago 13 Jane Addams n Founded a settlement house that helped people living in Chicago 13

Andrew Carnegie n Made the production of steel a major industry in the United Andrew Carnegie n Made the production of steel a major industry in the United States. 14

John D. Rockefeller n Formed the Standard Oil Company and gained almost complete control John D. Rockefeller n Formed the Standard Oil Company and gained almost complete control of the oil business. 15

Samuel Gompers n Organized groups of skilled workers into the American Federation of Labor Samuel Gompers n Organized groups of skilled workers into the American Federation of Labor AFL 16

Jacob Lawrence n wrote a book about African Americans moving from northern cities from Jacob Lawrence n wrote a book about African Americans moving from northern cities from the South. 17

Jacob Riis n Wrote a book about poor living conditions in New York City Jacob Riis n Wrote a book about poor living conditions in New York City tenements. 18

William Jenney n Built the world’s first skyscraper, in Chicago. 19 William Jenney n Built the world’s first skyscraper, in Chicago. 19

Samuel F. B. Morse n Invented the telegraph, a way of carrying messages along Samuel F. B. Morse n Invented the telegraph, a way of carrying messages along wires 20

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