Transcript No Slide Title

Final Question
Vocab 1
Vocab 2
100
100
100
100
200
200
200
200
200
300
300
300
300
300
300
400
400
400
400
400
400
500
500
500
500
500
500
Inventions
Corporations
100
100
200
Unions
Misc.
Describe the first flight and
the reaction to it.
A 100
Was largely ignored by the press and the public
Lasted for 12 seconds and flew 120 feet
A 100
Why was the invention of the
light bulb significant?
A 200
it allowed people to work at night increasing
factory productivity
Created demand for electricity and the growth of
the power plant industry
A 200
Which 2 inventions had the
greatest impact on women?
A 300
Typewriter
Telephone
A 300
Describe Henry Bessemer’s
contribution to the 2nd
Industrial Revolution
A 400
Creates the Bessemer process which
greatly reduces the price of steel
A 400
This man made the invention of
cheap steel available in the US
A 500
Andrew Carnegie
A 500
This business model involves
owning the companies that
provide the materials and
services upon which your
enterprise depends to increase
profit.
B 100
-Vertical Integration
B 100
This business model involves
owning several companies
that make the same product to
increase profit.
B 200
-Horizontal Integration
B 200
This business model involves
buying supplies in bulk and
producing goods in massive
quantities to increase profit.
B 300
Economies of Scale
B 300
Define Trust, why do they form
B 400
Is created when multiple companies combine under one
board of trustees
To control price and prodcution
B 400
Define Corporation
B 500
Company that sells shares of ownership, called
stock, to investors in order to raise money.
B 500
Define Labor Union
C 100
Organized associations of workers, formed to
protect and further the rights and interests of
the workers
C 100
Describe 3 goals of unions
C 200
•8 hour workday
•Reserve western land for settlers
•Raise the wage to a livable standard
•Abolish child labor
•Graduated Income Tax
•Government ownership of telephone, telegraph, and
railroads
•Better working conditions
•Stop immigration
•Overthrow wage system
•Tariffs on imported goods
C 200
Describe 3 tactics of unions
in this time period
C 300
•Collective bargaining
•Strike
•Boycott
•Pressuring Government to pass laws
•Violence and Vandalism
C 300
What are the 3 philosophies behind
labor unions?
C 400
•Power in numbers
•American Revolution Ideals: Believes in social equality,
celebrates honest labor, and relies on an independent,
virtuous citizenship
•Karl Marx and communism
C 400
Describe the events
surrounding the Triangle
Shirtwaist Factory Fire. How
did this event effect the labor
movement?
C 500
With the main stairway on fire and the other doors
locked, the trapped workers had no escape routes.
They burned to death on the factory floor,
stampeded toward the elevator shaft or jumped to
their deaths from the windows. Firemen, whose
ladders were too short to reach the ninth floor,
watched helplessly with thousands of onlookers
as the workers died.
Public opinion supports unions
Government reforms workplace safety laws
C 500
Describe the Homestead Act of
1862:
D 100
Opened land to the average person
Required a person to apply, live on land for 5
years and improve it, and then to file for the
deed
D 100
Manifest Destiny
D 200
Is the idea that that the expansion of the US throughout the
American continent was both justified and inevitable.
D 200
A Monopoly
D 300
Is created when one business removes all of their
competition and controls the market
Was one of the reasons the US saw such amazing
growth in manufacturing during the late 1800s
Uses vertical and horizontal integration
Has been accused of corrupting government and
taking advantage of workers and the public
D 300
A small business
D 400
Is a business that is privately owned and
operated, with a small number of employees
and relatively low volume of sales.
D 400
Stockholders
D 500
Buy ownership of a business and receive a
percent of the companies profits in return
D 500
Social Darwinism:
E 100
Believes that the ‘fittest’ members of society
will rise to wealth and power, the ‘unfit’ will
fail.
E 100
Laissez Faire
E 200
That the government should not interfere in the economy.
E 200
Communism
E 300
Believes that the capitalist system allows the
wealthy to take advantage of the workers and
will result in revolution, therefore there
should be no private ownership and the
community should provide all needs for the
people equally
E 300
Collective bargaining
E 400
negotiations between the
union and the employer
involving wages, hours, and
working conditions
E 400
Boycott
E 500
A decision by consumers to
stop buying a particular
product, in order to achieve a
political or economical goal.
E 500
Bicameral Legislature:
F 100
A legislative body with two parts
Was created by the Constitution
F 100
Elects the President
F 200
Electoral College
F 200
What were three specific
benefits that resulted from
building the railroad?
F 300
Various
F 300
How did construction of the
railroad affect the lives of
Native Americans on the
plains in 3 ways.
F 400
Various
F 400
Describe the events
surrounding the Homestead
Strike. How did this event
effect the labor movement
F 500
Economy downturn for steel –carnegie and frick want to
lower wages and break union – union agrees to wage but
not break – frick builds wall hires pinkertons – battle
between strikers and pinkertons – men die – scabs- union
breaks
Public opinion doesn’t know who to support, the steel union
is broken and owners institution lower wages
F 500
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