This man invented a machine that helped to speed up the process of removing seeds from cotton
Who is was Eli Whitney?
100
He was a Scottish immigrant who eventually had a company named USSteel
Who is/was Andrew Carnegie?
100
Individuals who risk their capital to organize and run businesses. The biggest risk takers of all.
Who is/are entrepreneurs>>
100
This man was the first president of the dominant labor organization of the late 1800s. He concentrated on the promotion of better working environment.
Who is/was Samuel Gompers?
100
Shareholders, whether private or public, are the owners of this type of business. Treated by law as if though it were a person.
What is a corporation?
200
This man is responsible for the invention of the telephone
Who is/was Alexander Graham Bell?
200
He is credited with the start of the oil industry by developing a company called Standard Oil
Who was John D. Rockefeller?
200
Total control of a type of industry by one person or one company. Mr. John D. Rockefeller achieved this with his oil company.
What is a monopoly?
200
Created in 1905, this union group was included labor radicals, and socialists. These radicals wanted to unionize all laborers without distinction to skills
What was the Industrial Workers of the World?
200
A legal arrangement allowing one person to manage another person's property.
What is a trust?
300
This man is credited with the invention of the phonograph, perfected the light bulb, and the battery
Who is/was Thomas Alva Edison? Or Thomas Edison?
300
This man was a giant in the ship building industry and also in railroads. Later he would donate funds to have an institution of higher learning in his name in the state of Tennessee
Who was Cornelius Vanderbilt?
300
Mr. John D.Rockefeller called her "the most dangerous woman in America" because she was a successful union organizer working for the Knight of Labor.
Who is/was Marry Harris Jones? or Mother Jones??
300
This company does not produce anything but owns the stocks of companies that do. This first company controls and manages other companies
What is a holding company?
400
This man did not invent the automobile but invented the method to build automobiles faster and cheaper (the assembly lie)
What is/was Henry Ford??
400
This man was governor of California, a U.S. Senator, founder of a university with his last name, but before all of this, he was one of the "big four" owners of the Central Pacific Railroad
Who was/is Leland Stanford?
400
This process occurs when the company or business grows by buying its competitors. Mr John D. Rockefeller was famous for this tactic, so is Mr. Bill Gates in our modern times
What is horizontal integration??
400
Union group started by Jewish and Italian workers of the garment industry in New York City (1900)
What is/was International Ladies Garment Workers Union?
400
This group of bankers would help finance large industrial projects such as railroads, steel factories, etc. by selling large blocks of stock to other bankers at a discount, then selling its stock for a profit. J.P.Morgan became the most famous of all
What is an investment banker>>
500
This man did not invent steel but used the Bessemer process to improve its quality, lower the price. He bragged how cheaply and quickly he could produce this metal
Who is /was Andrew Carnegie
500
Inventor of the air brake system for railroad, ad the alternating current (A/C) system for distributing electricity using transformers and generators
Who is/was George Westinghouse?
500
This occurs when a company owns all parts of its industrial process. Mr. Andrew Carnegie began this process with his company
What is vertical integration??
500
This labor union, unlike most unions of the time, allowed women and blacks. It favored boycotts and arbitration and avoided strikes.
What is/was the Knights of Labor?
500
Organization one: Business is owned by two or more people, profits and losses are shared._____
Organization two: Owner is personally liable for all debts of the business._____
What is a partnership? What is a sole proprietorship?