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| the practice in which two sides of a dispute let an impartial third party settle the issue. |
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money used for investments. |
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| economic system characterized by private enterprise, competition and a free market economy. |
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| title given to successful entrepreneurs who headed up large American companies. This is a positive statement. |
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| government job to which people are appointed. |
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| law passed in 1914 that gave unions rights and strengthened anti-trust laws. |
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| controlled use of natural resources |
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a severe downturn in the economy
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| an election in which the people not the party leaders pick the candidates. |
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| profit from a stock paid every three months (quarterly). |
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| set of laws that concern themselves with issues within the United States. |
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USA’s central banking system established in 1913. |
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| metaphor given to the late 19th Century USA when there existed a few rich and many more poor. |
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| the price is higher but the value remains the same. |
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| the practice in which the state allows the people to propose and pass a law directly |
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| court order prohibiting a certain activity |
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| when money is added to a company to do research, expand or improve. An expects a profit. |
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workers both skilled and unskilled. |
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| “hands off” ; literally, the hands of the government should stay out of the affairs of individuals. |
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the person who is the go-between the buyer and the seller. |
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| T. Roosevelt’s federal regulations against trusts and monopolies. TR considered some monopolies that served the public interest to be acceptable. |
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| the power to give jobs and contracts and provide services. |
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| Pendleton Civil Service Act |
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| the 1883 law passed by Congress that required people to take and pass exams to get certain government jobs. |
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| a wealthy person who gives his money away to help society. |
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| a group of politicians who controlled the government for their own benefit. |
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| an office holder who wants change in the government that makes life better for society as a whole. |
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| 1890-1920, a period of many political, economic and social reforms. |
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| a tax on imports to make them more expensive so that people by domestically made goods. |
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| reform that allows citizens to vote an official out of office. |
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a downturn in the economy that is not as bad as a depression. |
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| reform that allows a legislature to submit a bill to the vote of the citizens. |
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| a negative term for captains of industry. |
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| having to do with the countryside. |
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the practice of giving government jobs to political backers. |
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| Pres. Teddy Roosevelt’s domestic program of progressive reforms. |
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| part ownership in a company. |
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| environment that is something between urban and rural. |
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| having to do with the city. |
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