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Imperialism: A Glossary Of Terms

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Anarchism- An idea that all systems of government are not needed, burdensome, not wanted and they should all be gone. Assimilation- The changing of customs and cultures of groups of people or a nation. It is like how new immigrants adjust and change to conform to their new home. Capitalism- A system of commercial production that is based the private ownership and the contracted exchange for profit of goods, labor and money. Carpetbagger- A carpetbagger is someone who went South after the Civil War to promote political idea in the state, mostly Republican ideas. These people profited from the Reconstruction. Economies of Scale- Economies of scale were larger companies or businesses that produced a less expensive product. This put more pressure …show more content…

Imperialism- A method of making a country’s power and influence larger by using negotiation and military force. Modernism- Movement in the early nineteen hundreds were people left the traditional ideals, and were all for technology and new ways of expression that were different than what they had at that time. Pragmatism- It is a view created by William James in 1907. This view was that the truth of any idea or thought was to be tested and proved by its reasonable consequences. Predatory Pricing- Predatory pricing is the lowering of the price of whatever you are selling just to beat the other sellers in the market. Producerism- It is the debate that economic wealth is made by people who work laborious jobs to get by. Merchants, lawyers, bankers, etc are only middlemen who gain their money by the hard laborious workers. Redeemers- Redeemers were mostly former slave owners who tried to “redeem” the South by taking back the governments of southern states. They did this because they did not like Republicans in the south. They were supporters of racism, white supremacy, and the bad treatment of former …show more content…

Social Gospel- A movement that taught the middle class religion and grace to help them overcome the problems caused by industrialization. Social Settlement- This was a movement that started in the 1880s to get the wealthy and poor people to live in a more mutually dependent community. Trade Union- Trade Unions are organizations of workers with the same skills and they pointed out the direct consulting with employers instead of the longer political action. These did not normally include women. Horizontal Integration- This was where there are many companies bound in the same work join together to form one big corporation. Vertical Integration- This is where a single business or company owns and controls the whole production of a product. They own it from the materials used, to the manufacturing, to the finished product and to the profit. Backward Integration- This is a form of vertical integration where companies or businesses will purchase suppliers. This is used to improve the efficiency and save on

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