Gilded Age Vocab

Front

What is the term for the large-scale manufacturing of standardized products, often using assembly lines or automated technology?

Back

Mass production

Front

Which term describes a market structure where a single company or group owns all or nearly all of the market for a given type of product or service?

Back

Monopoly

Front

What is the process called when a company expands its business into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor?

Back

Vertical integration

Front

Which term refers to the practice of a company increasing production of goods or services at the same part of the supply chain?

Back

Horizontal integration

Front

What term was used in the late 19th century to describe a business leader whose means of amassing a personal fortune contributed positively to the country in some way?

Back

Captain of Industry

Front

What term describes the exploitation of children through any form of work that deprives them of their childhood?

Back

Child labor

Front

What is the term for a multi-family urban dwelling, usually overcrowded and unsanitary, that was common in the 19th and early 20th centuries?

Back

Tenement

Front

What term describes the irrational fear or hatred of foreigners or strangers?

Back

Xenophobia

Front

Which of the following refers to the reasons that attract people to a new area or country? Push factors, Pull factors, Emigration, Labor strike

Back

Pull factors

Front

What is the term for the organized refusal to work by employees as a form of protest, typically to gain concessions from their employer?

Back

Labor strike