Ss Industrial Revolution Flashcards
State 5 harmful conditions found in the factories during the industrial revolution
Air, dangerous machine, child labor, no sprinklers, no fire escape
He controlled the standard oil company which was the monopoly that used horizontal integration
John D Rockefeller
A person that crossed a picket line and returns to work during a work strike is known as a…..
Scab
These groups tried to make conditions better for “laborers” they used methods such as collective bargaining strike and boycott
Labor union
Business that is owned by investors sell stock to…..
Raise money
What is corporation?
Business that is owned by investors
He ran a monopoly in the steel industry. He used the method of vertical integration
Andrew Carnegie
He invented the light bulb
Thomas Edison
A school of thought that says the government should not be in the company
Laissez faire
What is the Bessemer process?
It is invented by Henry Bessemer which is a way to manufacture steel quickly and cheaply by blasting hot air through melted iron to quickly remove impurities
Who invented the telephone?
Alexander graham bell
The two major labor union during the industrial revolution
AFL (American federalization labor) and KOL (Knights of labor)
A company that controls the entire industry
Monopoly
Why do people invest in the stock market?
To make money
Why workers stop working due to poor working conditions
Strikes
