Industrialization Vocabulary

a person who has become rich through ruthless and unscrupulous business practices

A rivalry between companies to win business or customers

A view of society based on scientist Charles Darwin;s theory of natural selection.

A business owned by investors

A legal arrangement grouping together a number of companies under a single board of directors.

Which development was a result of the other three?

All of the following are true of the Triangle Shirtwaist Factory Fire except

Which economic concept is best illustrated by the cartoon?

A system of production in which workers add parts to a product as a moving belt carries it by them

A law that made it illegal to create monopolies or trusts that restrained trade

Owning all business in a certain field.

In the years following the Civil War, which change was brought about by industrialization?

positive term to describe business people as being notably powerful, wealthy, successful, or influential.

Total ownership of a product or service

One advantage that corporations of the late 1800s had over individually-owned businesses is that corporations

Which event led to the passage of laws that created safer working conditions?

A way to manufacture steel quickly and cheaply.

Mass production is a term that can best be defined as the

Which of the following best describes living conditions in the late 1800’s?

During the late 1800s, presidents and governors often used military force during labor-management conflicts as a way to

Making large quantities of a product cheaply and quickly

Exclusive rights to make or sell a product

First national labor union. Fought to give workers better pay and working conditions.

a person who seeks to promote the welfare of others, especially by the generous donation of money to good causes.

In the late 1800s, rapid urbanization (moving to the cities) was mainly the result of the

A labor union only for skilled workers.

Shares in a corporation.

Ownership of business involved in each step of a manufacturing process.

This man helped to develop Grand Central Station

A period of rapid growth in U.S. manufacturing in the late 1800’s

What is the main idea of this cartoon?

Which of the following best describes living conditions in the late 1800’s?

Built oil refinery and purified oil allowing people to use oil in everyday items.

Strike in which union members protested a plan to cut jobs and buy new machines.

Railroad workers stopped traffic on railroad lines to strike against loss of jobs and lower wages.

Created U.S. Steel by buying out Andrew Carnegie.

All workers acting together for a common cause (higher wages or better hours).

He had a monopoly of the Steel Industry.