Vocabo for American History chapter 9
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Gross Domestic Product (GDP) | Total value of all goods and services produced by a country.
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| Edwin Drake | Drilled first oil well in Titusville, Pennsylvania.
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| Laissez-faire | Let do, supporters believed government should not interfere with the economy other than to protect private property rights and maintain peace.
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| Entrepreneurs | People who risk their capital in organizing and running a business.
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| Morrill Tariff | Reversing years of declining tariffs.
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| Alexander Graham Bell | Inventor, he invented the telephone.
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| Thomas Alva Edison | Most famous inventor of the late 1800's.
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| Pacific Railway Act | provided construction of a trans continental railroad by two corporations, union pacific and central pacific railroad companies, signed by president Lincoln.
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| Leland Stanford | Part of the "big four", became governor of California, a united states senator and founded Stanford university in 1885
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| Cornelius Vanderbilt | a former boat captain who had built the largest steamboat fleet in America.
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| Land grants | To encourage railroad construction the federal government gave them out.
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| James J. Hill | Built and operated the Great Northern Railroad.
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| Credit Mobilier | a construction company set up by several stock holders of the union pacific, including Oakes Ames, a member of congress.
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| Coporation | an organization owned by many people but treated by law as though it were a single person.
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| Stock Holders | People who own the corporation.
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| Stock | Shares of ownership.
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| Economies of Scale | corporations make goods more cheaply because they produce so much so quickly using large manufacturing facilities.
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| Fixed costs | costs a company has to pay whether or not it’s operating
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| Operating costs | costs that occur when running a company such as paying wages and shipping charges and buying raw materials and other supplies.
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| Pools | agreements to maintain prices at a certain level
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| Bessemer process | quickly producing steel
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| Vertical integration | were a company owned all the other businesses that it depends on for its operation
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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