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Industrial Revolutio
| Question | Answer |
|---|---|
| Industrial Revolution | Time were the economy changed from agriculture to industry. |
| Two power sources that allowed U.S. to move toward mass production | Steam engine and electricity. |
| What does the steam engine do? | Converts heat energy to mechanical energy. |
| What was the transcontinental railroad? | * The first railroad to cross the U.S. (E-W) * Finished 1869/1870 * Hauled huge amounts of goods * Helped by the government |
| Main cause of growth of cities during the industrial revolution was_______ | * Work and increased pay * Newcomers from rural areas * Newcomers from other countries |
| What business was Andrew Carnegie involved with? | Steel Industry. |
| What was John D Rockefeller involved with? | Oil industry. |
| What business was Henry Ford involved with? | Automobile industry. |
| What business was George Washington involved with? | Electricity industry. |
| What was J.P. Morgan involved with? | Banking/ Railroad industry. |
| What business was William Randolph Hearst involved with? | Newspaper industry. |
| What is mass production? | The manufacturing of large quantities of an item through the assembly line process. |
| Where did immigrants come from in the early 1900s? | Eastern Europe and Asia. |
| What is capitalism? | An economic system based on privet ownership, little government interference. |
| What is monopoly? | An economic situation where an industry is controlled by one or a few companies. |
| What is entrepreneur? | Someone who starts their own business at a great risk. |
| What is a labor union? | An association of workers who bargain for wages, working conditions & benefits. |
| What is a labor strike? | An action by people who refuse to work until their demands are met. |
| Why did immigrants leave their countries? | Fleeing (running from) political persecution, religious persecution, looking for economic opportunity (jobs) |
| Life as an immigrant was______ | In ghettos, rundown areas of often overcrowded apartments houses. |