Industrialization
Quiz by Rae Dwyer
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36 questions
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- Q1What was the Bessemer Processa process developed in the 1850s that led to faster, cheaper stell production30s
- Q2What was the Second Industrial Revolutiona period of rapid growth in manufacturing and industry in the late 1800s30s
- Q3What was the Assembly linegreatly reduced the cost of building a product, thus making the cars more affordable30s
- Q4What is a Coporationa business that sells portions of ownership called stock shares30s
- Q5What is stockthe goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution30s
- Q6what is a mutual fundan investment program funded by shareholders that trades in diversified holdings and is professionally managed.30s
- Q7what is vertical integrationthe business practice of owing all of the business involved in each step of a manufacturing process30s
- Q8what is horizontal integrationowning all the businesses in a certain field30s
- Q9what is a trusta number of companies legally grouped under a single board of directors30s
- Q10What is Social Darwinisma view of society based on Charles Darwin's scientific theory of natural selection30s
- Q11what is a monopolya complete control over the entire supply of goods or a serice in a particular market30s
- Q12what is a unionthe action or fact of joining or being joined, especially in a political context30s
- Q13What are the Knights of Labora secret society that became the first truly national labor union in the United States30s
- Q14what is the American Federation of Laboran organization that united skilled workers into national unions for specific industries30s
- Q15Edwin Drakeproved that it was possible to pump crude oil from the ground30s