Industrial Economy Flashcards
0
Q
Light bulb
Telephone
Airplane
Assembly line
A
Thomas Edison
Alexander graham bell
Wright brothers
Henry ford
1
Q
From civil war to World War I, transformation developed an ___ economy.
Expansion of ____
Large scale _____
Rise of national ______
A
Industrial
Big business
Agriculture
Labor unions
2
Q
Steel
Finance
Oil
Railroads
A
Andrew Carnegie
JP Morgan
John D. Rockefeller
Cornelius Vanderbilt
3
Q
Corporation
A
Provided protection from personal liabilities
4
Q
Bessemer steel
A
Proceed that allowed mass production of steel
5
Q
_______ capitalism
A
Laissez-faire
6
Q
Increasing labor supply from ___ & ___
A
Immigration
Migration
7
Q
Possession of a wealth of ____ and navigable rivers
A
Natural resources
