SS 2nd Tri Test Flashcards
Raw materials
products from nature that are used to make products
Gusher
Oil wells that did not need extensive pumping to get the oil to the suface
Bessemer Process
Molten iron was poured into a large container. The iron was cooled by air which changed it to steel.
Scientific Management
eliminating unnecessary actions or tasks in a company
making sure each worker, tool, and task was absolutely necessary for the job.
Railroad gauge
the width between the inside sections of railroad tracks.
Vertical integration
One company controls all stages in the creation of a product
ex: Henry Ford’s car company made each of the parts and sold the whole car.
Horizontal integration
large companies combined with similar companies into making a single company
ex: a newspaper company controlled all of the other newspaper companies so people bought their newspapers from that one company
Corporations
a business that issues shares of company ownership, called stock
Stocks
Shares of company ownership that companies can buy and sell
Bonds
Loan certificates, the buyer has to give money to the company and be payed back with interest later
Bureaucracy
organizational structure that divides work into categories
Chinese Exclusion Act
law that kept Chinese immigrants from settling in U.S.
Naturalization
process used to grant U.S. citizenship to a foreign citizen
Tammany Hall
A powerful political (Democratic) machine that ruled NYC during the 1800s
Political Machine
organizations that informally exchanged political favors for promise of votes
Nativism
the idea that needs of native born citizens should be favored over immigrant populations
Spoils System
a political practice in which winners of elections remove people from government jobs and appointments and replace them with their campaign workers or other supporters
Mugwumps
a group of long-time Republican supporters including Mark Twain and Thomas Nast
Civil Service System
that candidates for government jobs have to meet specific, job-relevant qualifications
Tenement
a piece of land held by owner
12-14 per room, less than 1 foot of space between buildings, little running water/baths, no privacy, diseases, unsafe, dirty
How would raw materials be used?
To make wooden chairs, iron ore, coal, and oil