Posted in World History

17.6 Vocab

  1. colony: land that another country owns and uses
  2. destroyed: ruined
  3. established: created
  4. colonists: the people who live in the colonies
  5. majority: more than half
  6. minority: less than half
  7. Pilgrims: colonists from England who wanted religious freedom
  8. pull factors: reasons that attract immigrants to a country
  9. Push factor: reasons that push you out of a place
  10. Great Lakes: the 5 lakes around Michigan
  11. founded: established; created
  12. Outdo: compete
  13. dominate: control
  14. starvation: famine; not having enough food
  15. increase: go up
  16. decrease: go down
  17. population: the number of people living in a country
  18. cash crops: crops that are grown to make profit
Posted in Economics

Econ 6.1 Vocab

Chapter 6 Vocab

  1. price: the value of a product determined by supply and demand
  2. signals: signs, hints
  3. neutral: not favoring producer or consumer
  4. consumption: use of a product
  5. compromises: when 2 sides agree to give up something they want to meet in the middle
  6. rationing: where government decides everyone’s “fair” share
  7. salary: amount of money made per year (fixed)
  8. incentive: reason to do something, inspiration
  9. motivation: wanting to work harder and succeed
  10. allocation: dividing up goods, time, or money
  11. inflation: the steady increase of prices
  12. rebate: partial refund of the original price of a product
  13. employees: workers
  14. network: a connected group of businesses who work together