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Vocabulary I. Vocabulary II. Inventors and Inventions. Industry and Industrialists. Labor Unions And Labor Conflicts. $1. $1. $1. $1. $1. $2. $2. $2. $2. $2. $5. $5. $5. $5. $5. $10. $10. $10. $10. $10. $20. $20. $20. $20. $20.

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  1. Vocabulary I Vocabulary II Inventors and Inventions Industry and Industrialists Labor Unions And Labor Conflicts $1 $1 $1 $1 $1 $2 $2 $2 $2 $2 $5 $5 $5 $5 $5 $10 $10 $10 $10 $10 $20 $20 $20 $20 $20

  2. The doctrine that government should not interfere in economic affairs

  3. Laissez-faire

  4. The practice of combining separate companies into one

  5. Consolidation

  6. Discount or return of part of a payment

  7. Rebate

  8. A group sharing in some activity, for example among railroad barons who made secret agreements and set rates among themselves

  9. Pool

  10. Define mass production

  11. The production of large quantities of goods using machinery and often an assembly line

  12. A system with machines and workers arranged so that each person performs an assigned task again and again as items pass before him or her

  13. Assembly Line

  14. A business in which investors own shares

  15. Corporation

  16. Shares of ownership a company sells in its business which often carry voting power

  17. Stock

  18. Organization of workers with the same trade or skill

  19. Trade Union

  20. Define collective bargaining

  21. Discussion between an employer and union representatives of workers over wages, hours and working conditions

  22. Operators sent messages in morse codeOffers instant communicationConnects United States and Europe

  23. Telegraph

  24. Invented by Alexander Graham Bell – offers instant communication

  25. Telephone

  26. The electric light bulb was invented by this man

  27. Thomas Edison

  28. “Broke the bonds of Earth and see the world in a new way”Attracted attention of United States military in 1911What is it and who invented it?

  29. The Engine Powered Aircraft • The Wright Brothers

  30. Between 1860 and 1890, the government granted over 400,000 of thesefor new inventions.

  31. Patents

  32. These stimulate steel, lumber and coal industries

  33. Railroads

  34. This Captain of Industry made his fortune in the steel business, was a philanthropist and used vertical integration.

  35. Andrew Carnegie

  36. Owner of Standard Oil Company, used horizontal integration, philanthropist?

  37. John D. Rockefeller

  38. Who was Henry Ford?

  39. Famous for the introduction of the first mass produced automobile and the use of the assembly line

  40. What is horizontal integration?

  41. Combining competing companies into one corporation

  42. When collective bargaining failed, labor unions often used these to achieve their aims

  43. Strikes

  44. strike at Carnegie Steel plant to protest a wage cut

  45. Homestead Strike

  46. What was the Sherman Antitrust Act

  47. An ineffective and rarely enforced piece of legislation that prohibited monopolies and pools

  48. What is a strike breaker?

  49. Person hired to replace a striking worker in order to break up a strike

  50. The International Ladies Garment Workers Union was formed as a result of this incident

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