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The Industrial Age

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    The Industrial Age
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  • When workers protest unsafe and unjust working conditions by refusing to work until their demands are met it is called?
    A strike.
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  • What's the name given to organizations that workers form to improve their working conditions?
    Labor Unions
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  • What is the process of making large numbers of identical goods in great quantities called?
    Mass production
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  • What impact did the telephone have on the United States?
    It made communication faster and allowed people to communicate over long distances.
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  • The ____________ allowed steel to be produced quicker and cheaper than ever before.
    Bessemer Process
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  • What's the name given to the most famous automobile created in the 19th century?
    Model T
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  • Who created the Model T?
    Henry Ford
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  • Why did the Model T revolutionized the industry and period?
    Because Ford introduced the assembly line which increased the production and decreased the price.
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  • What is the definition of a corporation?
    A business that sell portions of ownership.
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  • Who was responsible for creating the Bessember Process?
    Andrew Carnergie
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  • What's the defition of vertical integration?
    Owning all business involved in manufacturing a product.
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  • What's horizontal integration?
    Owning all business in a certain field.
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  • What does horizontal integration mainly do?
    It eliminates competition.
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  • "Many people believed in _____________ based on the ideas of Charles Darwin."
    Social Darwinism
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  • What does Social Darwinism preach?
    The survival of the fittest, or that some humans beings were more capable of succeeding in business and in life, generally.
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  • What is the definition of "monopoly"?
    Having total ownership of a product or service.
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