us history chapter 4 section 4

Question 1

Henry Ford

Answer 1

car manufacturer who massed produced automobiles; paid more than other employers

Question 2

Mass Production

Answer 2

creating and producing a large quantity of product using the assembly line

Question 3

Model T

Answer 3

Henry Ford’s first automobile that was only sold in the color black

Question 4

Scientific Management

Answer 4

new method of improving efficiency where experts looked at each step to reduce time

Question 5

Assembly Lines

Answer 5

work method where everyone has their own station which lead to a product in the end

Question 6

Consumer Revolution

Answer 6

Period of time where a flood of new, affordable goods became available to purchase

Question 7

Installment Buying

Answer 7

a consumer would a small down payment and then pay the debt in monthly payments

Question 8

Bull Market

Answer 8

(1920s) a period when the stock market was rising and by 1924, 4 million Americans owned stocks

Question 9

Buying on the Margin

Answer 9

by purchasing stock on margin, a buyer paid little percent of stock upfront to broker

Question 10

Creditor Nation

Answer 10

other countries owed the United States more than the United States owed them