Inventions
Business Policies
Misc.
Business Policies Part 2
Unions/Labor Force
100
The inventor of the Telephone:
Alexander Graham Bell
100
Process of buying out the competition
Horizontal Integration
100
What made it possible to build skyscrapers? (process/material)
New method of making steel (Bessemer Process)
100
To control all aspects of the business is when a company creates a: (i.e. own all the steel)
Monopoly
100
Uriah Stephens and Terence Powderly founded the:
Knights of Labor
200
Inventor of the Typewriter
Christopher Sholes
200
Type of business that controls all aspects of the business from the ground up
Vertical Integration
200
The Railroad companies and travelers benefited from this "invention" by C. F. Dowds
Standard Time Zones
200
A company that does not actually produce a product is a _________ company.
Holding
200
William Sylvis founded which group:
NLU: National Labors Union
300
Controlled the monopoly of the steel industry
Andrew Carnegie
300
This man bought out Carnegie's steel company (today his "name"/family owns a large bank)
J.P. Morgan
300
At which factory/strike did 146 female workers die in a tragic fire?
Triangle Shirtwaist Factory
300
A single proprietorship is when only one person owns what?
almost every aspect of the business
300
Samuel Gompers founded which union?
American Federation of Labor
400
Made the first skyscraper with a steel frame
William Le Baron Kelley/Jenney
400
"Hands off" type of economy
Laissez Faire
400
The Great Strike of 1877 took place in which industry?
The Railroads
400
A group of trustees run one large corporation and become entitled to dividends in a:
Trust Agreement
400
Eugene Debs founded which union?
American Railway Union
500
Drilled the first oil well in Titusville, PA
Edwin Drake
500
Took the theory of natural selection and applied it to society and the business
Herbert Spencer
500
What was the goal of the Interstate Commerce Act?
To lower excessive railroad rates
500
This made it illegal to form a trust that interfered with trade with states and countries
Sherman AntiTrust Act
500
Scandal during the Grant Administration that ripped off the government by overcharging it (while creating the Union Railroad)
Credit Mobilier
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Industrial Era in America
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