Transcript Document 7112486

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Organized
Labor
Movement 3
Topic 4
Topic 5
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Technology and
Industrial
Growth 1
Rise of Big Business
Tech/Ind Growth 1 - 10
• A person who invests money in a business
venture to make a profit
Answer 1 – 10
• Entreprenuer
Tech/Ind Growth 1 - 20
• A small, hot, often dirty place of work
Answer 1 – 20
• Sweatshop
Tech/Ind Growth 1 - 30
• This kind of tax helped fuel economic growth
by encouraging people to buy American goods
• (be specific)
Answer 1 – 30
• Protective Tariff
Tech/Ind Growth 1 - 40
• A process of purifying iron resulting in strong,
lightweight steel
Answer 1 – 40
• Bessemer Process
Tech/Ind Growth 1 - 50
• This industry stimulated growth in related
industries. (all the live-long day)
Answer 1 – 50
• Railroad
Big Business 2 - 10
• Complete control of a product or service
Answer 2 – 10
• Monopoly
Big Business 2 - 20
• Arrangement in which businesses making the
same product agree to limit production in
order to keep prices high
Answer 2 – 20
• cartel
Big Business 2 - 30
• System where one company controls all
businesses that make up all phases of a
products development
Answer 2 – 30
• Vertical Integration
Big Business 2 - 40
• A system where companies assign their stock
to a board of trustees, who combine them
into a new organization
Answer 2 – 40
• Trust
Question 2 - 50
• Theory of natural selection applied to
American capitalism
Answer 2 – 50
• Social Darwinism
Labor 3 - 10
• Technique of negotiating as a group for better
working conditions
Answer 3 – 10
• Collective Bargaining
Labor 3 - 20
• Describe industrial working conditions in the
1800s
Answer 3 – 20
• Low wages, long hours, unsafe working
conditions
Labor 3 - 30
• Economic and political philosophy that favors
public, instead of private control of income
and property
Answer 3 – 30
• Socialism
Labor 3 - 40
• What was a result of farms becoming
mechanized? (machines instead of people)
Answer 3 – 40
• Farmers moved to urban areas
Question 3 - 50
• Labor Union open to all trades, blacks, and
women
Answer 3 – 50
• Knights of Labor
Misc 4 - 10
• People lived in these areas, mostly around
coal mines, and had their lives controlled by
corporations
Answer 4 – 10
• Company Towns
Misc. 4 - 20
• Goal of American capitalism
Misc. 4 – 20
• Maximize profits
Question 4 - 30
• Grant given by the federal government giving
an inventor the exclusive right to develop, use,
and sell an invention for a set period of time
Misc. 4 – 30
• patent
Misc. 4 - 40
• Oil tycoon who used horizontal integration to
decrease costs and maximize profits
Answer 4 – 40
• John D. Rockefeller
Question 4 - 50
• Steel tycoon who used vertical integration to
increase profits
Answer 4 – 50
• Andrew Carnegie
More Misc 5 - 10
• System for turning out large numbers of
products quickly and inexpensively
More Misc 5 – 10
• Mass Production
More Misc 5 - 20
• Labor leader who founded the American
Federation of Labor
Answer 5 – 20
• Samuel Gompers
More Misc 5 - 30
• Business in which ownership is shared
Answer 5 – 30
• corporation
More Misc 5 - 40
• Inventor who wanted affordable lighting for
peoples homes
Answer 5 – 40
• Thomas Edison
Question 5 - 50
• The response to wage cuts at a Carnegie Steel
plant in 1892
Answer 5 – 50
• Homestead Strike