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Mid-Term History
Industrialism
| Question | Answer |
|---|---|
| Technology -Importance & Examples | -Trains -Light bulb -Telephone -Helped contribute to getting things done faster. |
| Urbanization | Growth of cities. |
| Immigration | Moving from other countries to the U.S for jobs |
| Laissez-Faire Capitalism | Everything is privately owned. |
| Consumerism | Protection of consumers |
| Monopolies | When a business controls an entire industry |
| Horizontal Intergration | You buy out all your competitors. |
| Mergers | Combining of two companies. |
| Unions-AFL | American Federation of Labor |
| Robber Baron | Wealthy industrialist |