Ch. 19 Flashcards

1
Q

James j hill

A

Built the great northern line (another railroad baron)

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2
Q

Gustavious swift

A

Developed refrigerated cars

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3
Q

George westinghouse

A

Made air breaks

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4
Q

Great northern line

A

Between Minnesota and washington state

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5
Q

Who invented the Telegraph

A

Samuel morse

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6
Q

Who invented the telephone

A

Alexander graham bell

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7
Q

Who invented the light bulb/patents and research lab

A

Thomas edison

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8
Q

Who made transformers

A

G. Westinghouse

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9
Q

Who invented the assembly line/cars

A

Henry ford

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10
Q

Who invented the airplane

A

The wright brothers

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11
Q

Who was involved in the steel industry

A

Andrew carnegie

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12
Q

Who was involved in the standard oil company

A

John Rockefeller

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13
Q

What was the sherman antitrust act

A

It protected trade and commerce

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14
Q

What did the child labor laws state

A

That children had to be at least 12 to work, and should not work more than 10 hours a day.

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15
Q

What is consolidation

A

The practice of combing seperate companies

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16
Q

What is a rebate

A

A secret discount

17
Q

What was a standard gauge

A

The width of the railroad track

18
Q

What was a pool

A

Secret agreements among the railroad barons

19
Q

Cornelius vanderbuilt

A

Ons of the first railroad barons

20
Q

What was the assembly line

A

A less expensive way to manufacture cars

21
Q

What is a mass production

A

When manufacturers produce large quantities of goods more quickly

22
Q

What is a corporation

A

A company that sold shares

23
Q

What is a stock

24
Q

What are shareholders

A

Partial owners

25
What is a dividend
Cash payments from the corporations profits
26
What is horizontal integration
The combining of competing firms into one corporation
27
What is a trust
A group of companies managed by the same board of directors
28
What is a monopoly
Total control by a single producer
29
What is vertical integration
Acquiring companies that provided the equipment and services he needed
30
What is philanthropy
The use of money to benefit the community
31
What were mergers
The combining of companies