industrial and economic Flashcards
Capitalism
*Free market economy *Business are own by private citzens
Corporation
a economic market
Stock
A busniess owned by investers
Competition
econmic parctices to free market econmoic
Mass Production
A increase in quality for cheaper and faster prodect
What happened to the cost of automobiles when were mass produced?
car prices were reduced
Why did workers organized unions?
To get better pay , better working conditions, less hours
What was the impact of the triangle factory fire?
Gave safe rules to protect workers
List new technology developed during the second Industrial Revolution?
telephone
refrigration
Immigration push factors
s
Immigration pull factor
Steerage
cheapest way of transport on boat to US most immigrants booked steerage
Nativists
Americans who wanted limit immigrantion and perseve the union for the native - white
Purpose of the civil service commission
Candidates had to pass an exam for a federal job
Muckrakers
Journalists who expose busnieses and political practices