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When did industrialization take place?
Late 1800s
Define industrialization.
The large
What was iron used to create?
Steel
Who was Thomas Edison and what did he invent?
He was an inventor who invented the phonograph.
Who is Alexander Graham Bell and what did he invent? How did his invention change life during this period?
He invented the telephone and he had started the American Telephone and Telegraph Company which is known as AT&T today. It made communication easier.
How did theses new inventions change life for women?
Inventions such as typewriters and telephone affected "office work" opening up new jobs for women.
How did these inventions lead to industrialization?
Jobs done at home were now being professionally done in businesses. Industrialization lead to improvements in standard living.
Define consumerism.
A modern movement for the protection of the consumer against useless, inferior, or dangerous products, misleading advertising, unfair pricing.
What does "Transcontinental" mean?
crossing continents
What two railroad companies built the first transcontinental railroad?
Central Pacific RR Union Pacific RR
Who worked for the Central Pacific Railroad?
Chinese immigrants
Define capitalism.
When trade or industry are controlled by one private owner.
Define laissez faire.
A policy where the people do their own thing without the government interfering. (means hands off)
Define monopoly.
One company has complete control over an industry's production, quality, wages, and prices charged.
Define trust.
Group of people who run separate companies as one large cooperation.
Define cooperation.
The process of working together to the same end.
Define stock.
The goods that are sold in a business.
Define communism.
Where all public property is owned and everyone is payed according to their abilities and needs.
Who was Karl Marx?
He was the man that came up with idea of communism.
What was a robber baron?
Someone who uses anti competitive business practice to become powerful and rich.
What was a captain of industry?
Business owners who became wealthy and gave back to the people or country.
Who was Andrew Carnegie?
He was in the steel industry and he donated over 500 million dollars to the community.
Who was John D. Rockefeller?
He was in the oil industry and he was a philanthropist.
Who was J.P Morgan?
He was in the steel industry and he used holding companies to buy other businesses.
Why were workers upset upset during the industrial period?
Because of working conditions and all the dangerous things in the factories.
What was the purpose of a union?
To protect the rights of workers and make sure that wages,
What were the two types of workers during the industrial period?
Metal workers and RR workers.
Who were the Knights of Labor?
Was the largest and one of most important American labor organizations.
What was the Haymarket Riot?
It was a bombing that took place at a labor demonstration.
What was the homestead strike 1892?
Steel workers protested against Carnegie's Steel Company to protest a proposed wage cut.
What was the Pullman RR strike of 1894?
It forced people to live in a certain area and only allowed the people to buy from certain stores.
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Flashcard (67)