INDUSTRIALIZATION Flashcard

Front

Who is known as the inventor of the modern telephone?

Back

Alexander Graham Bell

Front

What is an assembly line?

Back

A method of manufacturing using a conveyor belt

Front

Who was a steel tycoon that controlled all aspects of steel production?

Back

Andrew Carnegie

Front

What is collective bargaining?

Back

A negotiation between union and management

Front

What is a corporation?

Back

A business owned by many investors

Front

What is free enterprise?

Back

An economic system with free competition

Front

What was the Haymarket Riot?

Back

A Chicago riot between workers and policemen

Front

Who invented the Model T automobile?

Back

Henry Ford

Front

What does the term 'industry' refer to in the context of industrialization?

Back

The transition from agriculture to factory-based work

Front

Who was an oil tycoon that created trusts to dominate the oil industry?

Back

John D Rockefeller