Terms for Rise of Industry Quiz

Match the following terms with their definitions:

• Process by which steel is made cheaper and stronger

• Bessemer Process

• Doing business on a large scale

• Commerce

• A phase of rapid industrialization in the late 19th century and early 20th.

• Second Industrial Revolution

Match the following individuals with their associated industries or innovations:

• John Rockefeller

• Standard Oil, Vertical and horizontal integration

• Andrew Carnegie

• Carnegie steel, Bessemer process

• Cornelius Vanderbilt

• Shipping Industry: Railroads and boats

Match the resource with its definition:

• Capital Resources

• Resources found in nature

• Human Resources

• Resources that involve the use of money

• Natural Resources

• Resources that involve the use of people

This represents part ownership in a company

• Stock

• Bond

• Loan

• Dividend

Part of a company's profits that are shared with the stockholders

• Dividends

• Interest

• Capital Gains

• Retained Earnings

owned by many people known as stockholders

• Resources

• Dividends

• Stock

• Corporation

A place where stocks can be bought and sold

• Stock Exchange

• Mass Production

• Stockington

• Corporations

People who own stock that represents part ownership in a company

• Stockholders

• Stock Exchange

• Corporations

• Sloth-holders

Workers stay in one place as products edge along a moving belt known as the ________.

• Assembly Line

• Production Cycle

• Industry

• Conveyor Process

Economic activity concerned with processing raw materials to finished products

• Assembly Line

• Production Cycle

• Industry

• Conveyor Process