Vocabulary
Workers negotiating wages & contracts as a group is called
What is collective bargaining?
The economic system where workers own and run businesses is called
What is socialism?
The person created the assembly line.
Who is Henry Ford?
The United States constantly has new workers because of
What is immigration?
A job with low pay and long hours is called a
What is a sweatshop?
John D. Rockefeller used _________ integration to control the oil industry.
What is a horizontal?
_______ replaced wood and coal as a heating source for homes
What is oil or kerosene?
The creator of the working lightbulb.
Who is Thomas Edison?
This invention pushed power farther
What is the generator?
What are 4 things unions fought for?
What are higher wages, 8 hour work day, safer working conditions, and end child labor?
The US economy is based on
What is capitalism?
The man who created the oil drilling platform.
Who is Edwin Drake?
The process of making many goods at the same time faster and cheaper is called
What is mass production?
A person who donates money to charity and the arts is a
What is a philanthropist?
A production system with machines arranged so that each person performs a task continuously as the item passes before him or her.
What is an assembly line?
The man who monopolized the oil industry.
Who is John D. Rockefeller?
This invention created 10's of thousands of jobs for women
What is the sewing machine or the typewriter?
This theory states that smaller and weaker businesses will fail because they are not strong enough to compete.
What is Social Darwinism?
A company or person that has total control of a type of industry
What is monopoly?
This law outlawed trusts & monopolies
What is the Sherman Anti-Trust Act?
This person invented the telephone.
Who is Alexander Graham Bell?
This term refers to wealth hiding all of the social and economic problems in America.
What is the Gilded Age?