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      <title>Chapter 3 lesson 1 vocab by JAMIE BOWDEN</title>
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      <description>Made with a creative frenzy</description>
      <language>en-us</language>
      <pubDate>2016-09-19 16:31:33 UTC</pubDate>
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         <title>gross national product</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124815115</link>
         <description><![CDATA[<div>the total value of goods and services produced by a country during a year</div>]]></description>
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         <pubDate>2016-09-19 16:33:52 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124815115</guid>
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      <item>
         <title>laissez-faire</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124815889</link>
         <description><![CDATA[<div>a policy that government should interfere as little as possible in the nation’s economy</div>]]></description>
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         <pubDate>2016-09-19 16:35:29 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124815889</guid>
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      <item>
         <title>entrepreneur</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124816238</link>
         <description><![CDATA[<div>one who organizes, manages, and assumes the risks of a business or enterprise</div>]]></description>
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         <pubDate>2016-09-19 16:36:14 UTC</pubDate>
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      <item>
         <title>horizontal integration </title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124816463</link>
         <description><![CDATA[<div> the combining of many firms engaged in the same type of business into one corporation</div>]]></description>
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         <pubDate>2016-09-19 16:36:39 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124816463</guid>
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      <item>
         <title>resource</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124817655</link>
         <description><![CDATA[<div>materials used in the production process, such as money, people, land, wood, or steel</div>]]></description>
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         <pubDate>2016-09-19 16:38:48 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124817655</guid>
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      <item>
         <title>monopoly</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124817872</link>
         <description><![CDATA[<div>total control of a type of industry by one person or one company</div>]]></description>
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         <pubDate>2016-09-19 16:39:10 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124817872</guid>
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      <item>
         <title>economies of scale</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124817978</link>
         <description><![CDATA[<div>the reduction in the cost of a good brought about especially by increased production at a given facility</div>]]></description>
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         <pubDate>2016-09-19 16:39:21 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124817978</guid>
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      <item>
         <title>vertical integration</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818057</link>
         <description><![CDATA[<div>the combining of companies that supply equipment and services needed for a particular industry</div>]]></description>
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         <pubDate>2016-09-19 16:39:29 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818057</guid>
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      <item>
         <title>corporation</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818130</link>
         <description><![CDATA[<div>an organization that is authorized by law to carry on an activity but treated as though it were a single person</div>]]></description>
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         <pubDate>2016-09-19 16:39:39 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818130</guid>
      </item>
      <item>
         <title>land grant</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818264</link>
         <description><![CDATA[<div>a grant of land by the federal government, especially for roads, railroads, or agricultural colleges</div>]]></description>
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         <pubDate>2016-09-19 16:39:55 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818264</guid>
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      <item>
         <title>blacklist</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818364</link>
         <description><![CDATA[<div>a list of persons who are disapproved of or who are to be punished or boycotted</div>]]></description>
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         <pubDate>2016-09-19 16:40:07 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818364</guid>
      </item>
      <item>
         <title>lockout</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818443</link>
         <description><![CDATA[<div> a company tool to fight union demands by refusing to allow employees to enter its facilities to work</div>]]></description>
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         <pubDate>2016-09-19 16:40:17 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818443</guid>
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      <item>
         <title>arbitration</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818530</link>
         <description><![CDATA[<div>settling a dispute by agreeing to accept the decision of an impartial outsider</div>]]></description>
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         <pubDate>2016-09-19 16:40:26 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818530</guid>
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      <item>
         <title>injunction</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818610</link>
         <description><![CDATA[<div> a court order whereby one is required to do or to refrain from doing a specified act</div>]]></description>
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         <pubDate>2016-09-19 16:40:35 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818610</guid>
      </item>
      <item>
         <title>investor</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818681</link>
         <description><![CDATA[<div>one who puts money into a company in order to gain a future financial reward</div>]]></description>
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         <pubDate>2016-09-19 16:40:45 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818681</guid>
      </item>
      <item>
         <title>distribution</title>
         <author>jbowden18</author>
         <link>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818777</link>
         <description><![CDATA[<div>the act or process of being given out or disbursed to clients, consumers, or members of a group</div>]]></description>
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         <pubDate>2016-09-19 16:40:55 UTC</pubDate>
         <guid>https://padlet.com/jbowden18/klnpmknfjca0/wish/124818777</guid>
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