Business Terms
Money used for a business
Capital
The country in which the Industrial Revolution began
England
Rockefeller
Oil
Eli Whitney
Interchangeable Parts
The political Party of the worker/farmer
A company owned by the public
Corporation
Who stole the ideas of the Industrial Revolution and brought them to the US
Samuel Slater
Carnegie
Steel
Cyrus Field
Transatlantic Cable
What was the problem with the early railroad system
Tracks didnt have the same gauge
A share of a publically owned company
Share
Which US State did the Industrial Revolution begin
Rhode Island
JP Morgan
Banking
George Eastman
Camera
Invented the first self oiling machine for factories
Elijah McCoy
Part of the profit of a public company
Dividend
When all the stages of making a product are owned by a single company.
Vertical Integration
Ford
Cars/Assembly Line
Cyrus McCormick
Reaper
An invention that allowed produce and meat to be shipped long distances on trains
Refrigerated train car
Owning all the businesses of a certain product
Monopoly
The type of power source of the first textile mills
Water/Stream/River
Bell
Telephone
Christopher Sholes
Typewriter
The railroad system allowed businesses to sell their products all over the country using this method
Mail Order/Catalogs