The Rise of Industrialism Practice Flashcard

Front

Shares of ownership in a company is called...

Back

stock

Front

To refuse to work until your demands are met is called a...

Back

strike

Front

What is an example of a government policy that gave more power to railroad companies? Options: time zones, Transcontinental Railroad, land grants, bison hunting

Back

land grants

Front

What accomplishment provided the opportunity for goods to travel from one end of the United States to the other?

Back

Transcontinental Railroad

Front

___ is a process by which a company buys up smaller competing companies to increase market share.

Back

horizontal integration

Front

___ is the process of a company buying up different businesses necessary to producing its good or service.

Back

vertical integration

Front

___ invented a process that cheaply produced strong steel.

Back

Bessemer

Front

______ invented the telephone and then organized a company that shares his name.

Back

Bell

Front

_____ practiced horizontal integration with his company, Standard Oil.

Back

Rockefeller

Front

___ practiced vertical integration at his steel company in Pittsburgh, Pennsylvania.

Back

Carnegie