Person who invests in a corporation by buying stock and is a partial owner
What is a shareholder?
100
Labor unions that demanded better pay and working conditions for workers in a specific craft or trade
What are trade unions?
100
The combining of companies
What is a merger?
100
He invented the Model T
Who is Henry Ford?
100
This event revolutionized the rail industry in the late 1880s
What is the standard gauge?
200
Companies that sell shares of stock
What are corporations?
200
Discussion between owners of a company and union representatives about issues affecting workers, such as pay, benefits, and working conditions
What is collective bargaining?
200
A group of companies managed by the some board of directors formed by a legal agreement for the primary purpose of reducing competition and establishing a monopoly
What is a trust?
200
His most famous invention was the lightbulb
Who is Thomas Edison?
200
This change stimulated the steel industry around 1880
What is making railway tracks of steel?
300
Shares of ownership in a company
What are stocks?
300
People hired to replace striking workers in order to break the strike
What are strikebreakers?
300
Combining competing firms into one corporation
What is horizontal integration?
300
He utilized horizontal integration and organized the Standard Oil Company
Who is John D. Rockefeller?
300
The spread of the railroad system led to the development of these
What are four time zones?
400
Payments made to company shareholders when the business is profitable
What are dividends?
400
A court order to stop an action, like a strike
What is an injunction?
400
Total control of an industry by one company
What is a monopoly?
400
This famous philanthropist built one of the most famous concert halls in the world - it bears his name
Who is Andrew Carnegie?
400
These aggressive and competitive men played an important role in building our nation's transportation system
Who are railroad barons?
500
The use of money for the good of the community
What is philanthropy?
500
Factories where workers worked long hours for low pay in unhealthy conditions
What are sweatshops?
500
The combining of companies that supply equipment and services needed by an insustry
What is vertical integration?
500
He formed the United States Steel Corporation, the first billion dollar corporation in the world
Who is J. P. Morgan?
500
This region's superior railroad system played an important role in the Civil War