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Flashcards - U.S. Economic Developments since 1946

Flashcards - U.S. Economic Developments since 1946
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gross domestic product
Gross domestic product is a monetary measure of the market value of all final goods and services produced in a period
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Industrial Revolution
The Industrial Revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840
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Industrial Revolution
The Industrial Revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840
gross domestic product
Gross domestic product is a monetary measure of the market value of all final goods and services produced in a period
tariffs
A tariff is a tax on imports or exports
Sun Belt
The Sun Belt is a region of the United States generally considered to stretch across the Southeast and Southwest
labor union
Labor unions are legally recognized as representatives of workers in many industries in the United States

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