Inventions and Their Inventors Flashcard

Front

Who invented the air brakes?

Back

George Westinghouse

Front

What is Gustavus Swift known for inventing? Options: Telephone, Refrigerated car, Phonograph, Model T

Back

Refrigerated car

Front

Who is associated with the invention of the telephone?

Back

Alexander Graham Bell

Front

What did Thomas Edison invent?

Back

Phonograph

Front

Henry Ford is known for which of the following? Railroad baron, Air brakes, Model T and assembly line, Refrigerated car

Back

Model T and assembly line

Front

What are the factors of production?

Back

Land, Labor, Capital

Front

What is a corporation?

Back

A business owned by investors

Front

What does owning stock in a company mean?

Back

Partial ownership of a company

Front

What is the role of shareholders in a corporation?

Back

They invest in stock.

Front

What are dividends?

Back

Cash payments to shareholders from a corporation's profit.