Industrialization Test Review

What results in wages being cut or people being laid off?

Who did the Knights of Labor allow in their union?

Alexander Graham Bell inved the telephone

Which was not something needed for Mass Industrialization

How can someone be a Robber Baron AND a Captain of Industry

This type of worker had no skill set to set them apart

The Credit Mobilier Scandal resulted in:

If you own all of a single step in one part of an industry, you have a (BLANK BANK) monopoly

What does Free Enterprise rely on to regulate wages and prices?

These are all factors the WTUL pushed for, which is unique to them?

This is the economic policy that translates roughly to a "hands off" approach or "Letting it flow as it will"

More jobs, higher standard of living, less discrimination are all forms of WHAT immigration factors?

Pools typically lasted for long periods of time due to high amounts of trust

Loans, mortgages, and taxes are all examples of what?

Unemployment always INCREASES during a period of economic growth

What event resulted from the Panic of 1873?

What was NOT a result of new advertising methods?

Which of the following did unions NOT push for?

Preventing workers from being hired by labeling them "conspirators" or "Marxists"

Over-inflation of the economy often results in what

The "veins of the American economy" according to Mr. Schaefer were

Marxism as an ideology was created to go against what?

What is true of inflation?

Women made up 18% of the work force in 1900, 1/3 of it being what?

Who was the opposition to unions?

What is not a trait of Free Enterprise?

_____ was the trade union women joined to fight the broader struggle for women's rights.

Which of the following results in INCREASED foreign trade due to cheaper prices

Which manufacturers were better off staying open during hard times? Why?

Wages, shipping, and buying materials are all examples of what?

What was the result of Andrew Carnegie and his mass production of steel using the Bessemer Process

The practice of companies selling stocks to bankers at discount, who then sell it for full price

What INCREASES the buying power of money?

The standard of living during the Second Industrial Revolution did what?

Which of the following is NOT a goal for the WTUL (Women's Trade Union League)

During recessions, which type of manufacturers were able to stay open by cutting prices?

What 2 ways did businesses try to prevent or break unions?

Holding company...