Railroads
A unit of weight equal to 2,000 pounds.
What is a ton?
An immigrant who started as a textile worker at age 13 and built his wealth through investing and steelworks.
Who is Andrew Carnegie?
Money needed to pay for a workforce, machinery, and other equipment in order to support growth and development of a business.
What is capital?
A factory where employees worked for long hours in unsafe conditions for a low wage.
What is a sweatshop?
Monies paid to the government so that it can fund things like schools and roads.
What are taxes?
The standard gauge for a railroad set in the 1880s, and completed nationwide on May 30, 1886.
What is 48-inches?
He was an inventor who created the first phonograph, among countless other inventions.
Who is Thomas Edison?
A type of company made up of many people, with certain legal rights and protections to conduct business.
What is a corporation?
A disease that causes the body to waste away, generally over long periods of time.
When you give someone money to convince them to do something they may not want to do; bribery.
What is a payoff?
An economic system in which prices are determined by competition among businesses.
What is a market economy?
He was a ruthless businessman who controlled nearly every oil refinery and created Standard Oil Company.
Who is John D. Rockefeller?
A license from the government that gives a person exclusive rights to an invention.
What is a patent?
A person who uses science and math to build useful objects or buildings.
What is an engineer?
A leader of a group who maintains control by bribery and intimidation.
What is a political boss?
An area within which everyone observes the same time. The transcontinental railroad crosses four of them.
What are standard time zones?
He is the man who led the labor union movement in the 1800s and founded the American Federation of Labor (AFL).
Who is Samuel Gompers?
An organized activity meant to make a profit; a company.
What is an enterprise?
A person who operates, designs, builds, or fixes machines.
What is a machinist?
A group of people who keep control of a city or group using aggressive tactics.
What is a political machine?
A national government that shares power with state or regional governments.
What is the federal government?
He was a shipping magnate who created the New York Central railroad system.
Who is Cornelius Vanderbilt?
When one person or company has complete control of a resource or industry.
What is a monopoly?
A person who records, summarizes, and analyzes business transactions.
What is an accountant?
Behavior that is illegal or dishonest; usually done by people in power.
What is corruption?