12/12/22 Flashcards

1
Q

a share of ownership in a corporation

A

Stock

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2
Q

business that is owned by investors

A

Corporation

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3
Q

share of a corporation’s profit

A

Dividend

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4
Q

a group of corporations run by a single board of directors

A

Trust

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5
Q

a company or group having control of all or nearly all of the business of an industry

A

Monopoly

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6
Q

business owned by private owners

A

Capitalism

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7
Q

a shortage, lack, or insufficient supply

A

Scarcity

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8
Q

built the steel industry in the US; from Scotland

A

Carnegie

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9
Q

set up an oil refinery in Cleveland, Ohio, from New York

A

Rockefeller

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10
Q

an economic system in which businesses compete freely with little government control

A

Free enterprise

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11
Q

replacement for a striking worker

A

Strike Breaker

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12
Q

person who opposes organized government

A

Anarchist

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13
Q

union of workers in the same trade

A

Trade Union

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14
Q

right of unions to negotiate with managements for a contract

A

Collective Bargaining

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15
Q

fire in 1911 at the TSF in NYC that killed nearly 150 workers

A

Triangle Shirtwaist

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16
Q

cigar maker; formed AFL

A

Gompers

17
Q

secret organization originally led by Uriah P. Stephens then eventually led by Terrence Powderly

A

K of L

18
Q

head of the Missouri Pacific Railroad

A

Jay Gould

19
Q

the union in Chicago that called a strike against the McCormick Harvester Co.

A

Haymarket Square Root

20
Q

was a dressmaker in Chicago in 1877 and helped the RR workers by organizing a strike in Pittsburgh

A

Mother Jones

21
Q

International Ladies Government Workers Union; they demanded better pay and shorter working hours

A

ILGWU

22
Q

license for a new invention

A

Patent

23
Q

crossing or spanning the Atlantic Ocean

A

Transatlantic

24
Q

method of production in which workers stay in one place as products pass along a track or a moving belt

A

Moving Assembly Line

25
Q

process of making large quantities of a product quickly and cheaply

A

Mass Production

26
Q

inventor of the light bulb; from Menlo Park, NJ

A

Edison

27
Q

inventor of the telephone, teacher of the deaf

A

Bell

28
Q

invented the first affordable car, Model T

A

Ford

29
Q

invented the first successful flight; flew at Kitty Hawk, North Carolina

A

Orville and Wilbur Wright

30
Q

built transformers to send electrical power much cheaper in 1885 and built air brakes for trains

A

Westinghouse

31
Q

invented refrigerated RR cars for meat products

A

Swift

32
Q

made an easier way to link RR cars together

A

Jannery

33
Q

invented the Pullman sleeping car

A

Pullman

34
Q

lead the foundation for telegraph cables from the US to Europe across the Atlantic Ocean in 1866

A

Field

35
Q

invented the small camera in 1888.

A

Eastman

36
Q

invented the vacuum in 1899

A

Thurman

37
Q

on AA who invented a way to send messages

A

Woods

38
Q

an AA man who invented magnetic airbrakes for trains and a shoe making machine

A

Matzeliger

39
Q

workplace where people labor long hours in poor conditions for low pay

A

Sweatshop