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Term / Concepts
Dictionary Definition
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Change
To become different over time.
To be different from what it was.
Compromise
An agreement or a settlement of a dispute that is reached by each side making concessions.
Settle something between both sides.
Interactions
This the process by which we act and react to those around us. Social interaction includes those acts people perform toward each other and the responses they give in return.
Communicate to other people.
States Rights
The rights …show more content…
Ordinance of 1787
Adopted July 13, 1787, by the Second Continental Congress, chartered a government for the Northwest Territory, provided a method for admitting new states to the Union from the territory, and listed a bill of rights guaranteed in the territory. Following the principles outlined by Thomas Jefferson in the Ordinance of 1784, the authors of the Northwest Ordinance spelled out a plan that was subsequently used as the country expanded to the Pacific
Us congress passed a ordinance law.
Louisiana Purchase
(1803) was a land deal between the United States and France, in which the U.S. acquired approximately 827,000 square miles of land west of the Mississippi River for $15 million.
US bought land from France.
Compromise of 1850 a package of five separate bills passed by the United States Congress in September 1850, which defused a four-year political confrontation between slave and free states regarding the status of territories acquired during the Mexican–American War
US congress passed a bill for states that had slaves.
Monroe Doctrine
A principle of US policy, originated by President James Monroe in 1823, that any intervention by external powers in the politics of the Americas is a potentially hostile act against the …show more content…
Wages organized by employees.
Supply and demand
In classical economic theory, the relation between these two factors determines the price of a commodity. This relationship is thought to be the driving force in a free market. As demand for an item increases, prices rise. When manufacturers respond to the price increase by producing a larger supply of that item, this increases competition and drives the price down. Modern economic theory proposes that many other factors affect price, including government regulations, monopolies, and modern techniques of marketing and advertising.
Products price regulating. l
Monopoly
Exclusive control of a commodity or service in a particular market, ora control that makes possible the manipulation of prices.
Trade being controlled. Corporations
An association of individuals, created by law or under authority of law,having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.