The total value of all goods and services that a company produces.
What is gross national product?
100
To make rail service safer and more reliable, the American Railway Association divided the country into four ___________. The federal government ratified this change in 1918.
What are time zones?
100
He was the most notoriously corrupt railroad owner. Infamous for manipulating stock.
Who is Jay Gould?
100
A rise in the value of money
What is Deflation?
100
Developed the typewriter and sold it to Remington and Sons
What is Christopher Sholes?
200
A french phrase meaning ''let people do as they choose.''
What is laissez-faire
200
In 1862, Lincoln signed this act that provided for the construction of a transcontinental railroad by two corporations.
What is Pacific Railway Act?
200
An oganization owned by many people but treated by law as though it were a single person.
What is a corporation?
200
A company owns all parts of the industrial process.
What is Vertical Integration?
200
Invented the automatic lubricator for steam engines, allowing trains to run faster with less maintainance
What is Elijah McCoy?
300
People who risk their capital(money) to organize and run buisnesses.
What are entrepreneurs?
300
He was a former Union general, that help organize the Union Pacific Railroad in Omaha, Nebraska, in 1865.
Who is Grenville Dodge
300
The people who own the corporation are called stockholders because they own shares of ownershipn called.
What is stock?
300
An organization of workers with the same trade or skill
What is trade union?
300
In 1877, he developed the phonograph
Who is Thomas Edison?
400
In 1859, he drilled the first oil well near Titusvile, Pennsylvania.
Who is Edwin Drake?
400
Leland Stanford, Charley Crocker, Mark Hopkins, and Collis P. Huntington, the "Big Four", bought the fledging railroad____________________________.
What is the Central Pacific Railroad
400
The cost of manufacturing is deceased by producing goods quickly in large quantities
What is economies of scale?
400
A list of persons who are disapproved of or who are to be punished or boycotted; a list of "troublemakers"
What is blacklist?
400
Invented the carbon filament for lightbulbs, allowing them to last longer.
What is Lewis Latimer?
500
He suggested the idea of a telephone to his assistant.
Who is Alexander Graham Bell?
500
By 1869, this man had purchased and merged three short New York railroads to form the New York Central, running from New York City to Buffalo.
Who is Cornelius Vanderbilt
500
To stop prices from falling, many companies organized________, or agreement to keep prices at a certain level.
What are pools?
500
His ideas were argued that the basic force shaping capitalist society was the class struggle between workers and owners.
What is Marxism?
500
These brothers made a successful powered flight at Kitty Hawk, North Carolina