Vocabulary
Technology
Business
Factory Labor
Immigration and Interesting Facts!
100
Complete control of a product or service
What is a monopoly?
100
“The Wizard of Menlo Park”
Who is Thomas Alva Edison?
100
Rockefeller’s company name- controlled about 85% of the world’s oil market in 1890!
What is the Standard Oil Company?
100
The same part can be reproduced for different products
What are interchangeable parts?
100
This man is the richest man in the world today and is often compared to J.D. Rockefeller.
Who is Bill Gates?
200
Business leaders that establish business by stealing from public through high prices, and monopolizing industries.
What are Robber Barons?
200
Alexander Graham Bell patented this invention in 1876
What is the telephone?
200
This was the hands off approach to business by government.
What is Laissez-Faire?
200
People who made up a large part of the work force because they were willing to work for low wages.
Who are immigrants?
200
This man taught his wife Morse code so they could speak in public and he proposed to her in Morse code.
Who is Thomas Alva Edison?
300
Business leaders that had a positive effect on the nation, increased productivity, standard of living.
What are Captains of Industry?
300
The new scientific way to make stronger, cheaper steel
What is the Bessemer Process?
300
Passed in 1890 this Act made it illegal to create a monopoly or trust that restricted trade
What is the Sherman Anti Trust Act?
300
This is a new way to make workers more efficient by cutting up production into smaller segments. AKA Taylorism
What is Fordism?
300
Name one Pull factor and one Push factor that led immigrants to come to the U.S.
What are: Push- To leave religious discrimination, Big Population- not enough land/jobs for everyone, Social Inequality, Crop Failure, Political upheaval. Pull- Want to be like businessmen, Told of rags to riches stories, Told there are many jobs, Told there was free land
400
The philosophical belief that the wealthy are the most valuable group in society.
What is social darwinism?
400
Name two Chemicals that appear during the Second Industrial Revolution
What are Aspirin, perfume, soap, fertilizers?
400
Owning businesses involved in each step of manufacturing, to lower costs is known as
What is vertical integration.
400
Name 3 effects that industrialization had on living and working conditions in America?
What are: 1) people moved to cities for jobs (urbanization) 2) Factory workers worked long hours for little pay 3) working conditions were unsafe 4) Poor Immigrants lived in crowded housing called tenements, other acceptable ones by Mrs. V…
400
This is the term for the lowest class on the ships that brought over immigrants. The beds were cramped and there was very little space for luggage.
What is steerage?
500
When competing firms form an agreement. AKA “industrial combinations”
What is cartel?
500
The first business to use the conveyor belt and perfector of the assembly line and mass production
What is Ford?
500
Entrepreneur who made his fortune on railroad and steamship building.
Who is Cornelius Vanderbilt?
500
This union allowed only skilled workers to join, which strengthened its bargaining power, but didn’t have as many members as Knights of Labor because they made it difficult for people to join.
What is the American Federation of Labor (AFL)?
500
The belief that American-born whites are better than immigrants and they deserve the good jobs.
What is nativism?