Vocabulary
Act provided for the construction of the transcontinental railroad by two corporations
Pacific Railway Act
Who was Grenville Dodge
Former Union General
Who created the lightbulb?
Thomas Edison
What is a lockout ?
Businesses locked out workers and refused to pay them
What are Fixed Costs?
Constant costs to own a business or building
What is an Entrepreneur?
Someone who risks capital to run a business
Who created the telephone?
Alexander Graham Bell
The Blacklist was a list of
"Trouble-makers"
What are Operating Costs?
How much it costs to run a business that is ongoing from day to day
How much did Andrew Carnegie work for as a child
$1.20 per Hour
Who created the Ice Machine?
Thaddeus Lowe
In July 1877, Railroad workers walk off the job and labor protest . this involved over 80,000 workers
The Great Railroad Strike of 1877
Explain what a pool is ...
formed as an agreement between
corporations to keep certain items in a select
price range
What were things that corporations gained when they grew in size ?
More Employees, New Machinery, and New
Technologies
Who created the 1st Gas Powered Car
Charles/Frank Duryea
The total value of all goods and services produced by a country
Gross National Product GNP
When was Stanford University Founded.
1885
Who Made the the !st Shoemaking Machine
Jan Matzeigler