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Industrialization Quiz

A Quest for Knowledge. Industrialization Quiz. #1. These are risk takers who started new ventures ( businesses ). #2. In this economic system, businesses are PRIVATELY owned. (Hint: The word starts with a C). #3.

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Industrialization Quiz

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  1. A Quest for Knowledge Industrialization Quiz

  2. #1 These are risk takers who started new ventures (businesses)

  3. #2 • In this economic system, businesses are PRIVATELY owned. (Hint: The word starts with a C)

  4. #3 • This French word means “allow to do” or “leave alone” – no government interference

  5. #4 This business consists of the following: • a business with the legal status of an individual • Owned by people who buy stocks in the company • Board of directors make decisions • HINT: Think Bill Gates and Microsoft, word also starts with a C

  6. #5 • He owned the Standard Oil Company. He was a big MONOPOLY businessman. He used vertical and horizontal integration

  7. #6 He was a poor immigrant who founded his own steel company and devoted time to building public libraries and financing Education.

  8. #7 • This is a situation in which a single company or individual owns all or nearly all of the market for a given type of product or service

  9. #8 • He founded the “Knights of Labor”

  10. #9 • This man invented the Incandescent lamp (light bulb), among over 1,000 other inventions

  11. #10 • This man is credited for the invention of the telephone.

  12. #11 • This 3 word term refers to the total value of all goods and services that a country produces

  13. #12 • This man drilled the very first oil well near Titusville, PA.

  14. #13 • The creation of ___________________ led to the invention of the 4 time zones that we use today

  15. #14 • In a corporation, one can purchase ________________ in a company in order to become a part owner. (Hint: Starts with an S)

  16. #15 • Employers forced employees to sign documents stating they wouldn’t join unions, and if they caused “trouble”, then employees would _____________________ these trouble makers to keep them from getting hired at new jobs • HINT: Starts with a “B”

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