Ch. 10 Flashcards
travois
a sled pulled by a dog or a horse
dividends
share of a corporation’s profit
triangle fire
fire in 1911 at the triangle shirtwaist factory that killed nearly 150 people
jerky
dried meat
who invented the moving assembly line
henry ford
first american corporation to be worth $1 billion
US steel company
when did airplanes become widely used
during/after world war 1- useful because they could be used to see the enemy location, they could travel 40 mph, and could drop bomb on enemy positions
john d. rockefeller
bought up oil refineries, slashed prices to eliminate competition, and utilized supply and demand to increase sales
wounded knee creek
shot mistakenly fired, led to people shooting at each other
andrew carnegie
controlled the steel industry by buying out rivals, buying iron mines, railroads, steamline ships, and warehouses- gave millions to charities because he believed in the “gospel of wealth”
j.p. morgan’s industry
US steel company
tepee
tents made by stretching buffalo skin on tall poles
where was sitting bull killed
wounded knee creek
supply and demand
an economic theory in which the price of a resource is determined by the availability of the resource and the demand for it
haymarket riot
labor rally in chicago that ended in violence when a bomb exploded
4 examples of what bulls were used for
food
shelter
clothing
tools
wright brothers
orville and wilbur wright flew the first plane which flew 150 feet in 12 seconds
anarchists
people who oppose all forms of organized government
where did sitting bull get killed
wounded knee creek
andrew carnegie’s company
carnegie steel
strikebreaker
replacements for striking workers
reservation
a limited area of land set aside for native americans