Integrated Operations
This refers to company that owns and operates all of the means of production from raw materials to the finished product
Snakehead
This was a result of trains repeatedly running over cast iron straps that held the tracks together
Grange
An organization of farmers
Catalyst
This increases the rate of something
Robber Barons
Wealthy people who were acused of stealing from the people by setting prices for their goods too high
Integrated Operations
When a company owns and operates all asoects of production from raw materials to the finished product
Promontory, Utah
The place whre the first transcontinental railroads was completed
Monopoly
A situation where a company is the sole producer of a good
Social Darwinian
Survial of the fittest
Sherman anti-trust act
This attempted to break up the big trusts but lacked the strenght to do it
Steel could be made chaeper because of
Bessemer
The incandescent light bulb was made by
Edison
Oil was discovered in Titusville, PA by this person
Drake
The typewriter was invented by this person
Shoals
Occurs when two competing comapnies form a larger company
merger
Company that doesn't produce anything but buys companies that do
holding company
Example of executives from one company running a series of seperate companies using the some management practices
Interlocking Directorate
This is when stockholders from different competing gave thier stock to a Board of Trustees to the companies as one
Trust
The continental United States is divided into
four time zones
Which train cars did the poor use to travel along the transcontinental railroad
Zulu car
true/false- the U.S. had to import mant of the raw materials necessary for the revolution
false
true/false- Alexander Graham Bell invented the telephone
true
true/false- future president James Garfield accepted stock in the Credit Mobilier scandal
true
true/false- C.F. Dowd's plan for uniform time across the country was first accepted by the U.S. government
false
true/false- the grange movement helped to establish the government's right to regulate any industry they wanted
false
true/false- trusts were often given a bad name because theu drove out all competition and then charged prices that were above the law of supply and demand
true
true/false- skilled workers were not in high demand during the Industrial Revolution
true
true/false- Electric power became more popular during the Industrial Revolution because it didn't require large amounts of fuel and water
true
true/false- two reasons companies grew larger during the Industrial Revolution was the advantage in buying in bulk and saving and the capital to buy new technology for thier plants
true
true/false- working conditions during the Industrial Revolution left some workers feeling isolated and unappreciated
true
What were indirect results of improvements in communication?
75% of all office workers were women so they could buy homes leading to economic freedom. This later lead to the civil rights movement
What was the catalyst for construction of the Transcontinental railroad?
If the railroad built tracks faster the government would give them subsidies and loans, making the railroads rich.
What were two main advantages electric power had over steam power?
1. Electric power was smaller and portable, unlike steam power which was big and bulky. This steam power was also dangerous, as it could expode with too much pressure.
Why were skilled workers no longer needed during the Industrial Revolution? What were the results?
Technology and machinery had improved to be much faster than people, making workers less needed. This lead to companies losing the connection with their workers
Describe some of the conditions faced by workers during the Industrial Revolution?
People made only 3 to 12 dollars a week and they needed $18.50 a week if they had families, forcing kids to work. This lead to all work and little pay.
