Chapter 4 voab
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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| Entrepreneurs | People who invent money in a product or enterprise in order to make a profit.
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| Protective Tariffs | Taxes placed on imported good making them more expensive than locally made items.
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| Laissez-faire | Allowed businesses to run under minimal government regulations.
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| Patent | Grant from government giving rights to sell and produce inventions for a period of time.
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| Bessemer Process | A process of purifying iron to make in stronger and more efficiently.
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| Suspension Bridges | Bridges over roads suspended by steel cables.
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| Time Zones | One for each hour of the day.
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| Mass Production | Depends on machinery to make goods at much faster rate than products made with hand tools.
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| Corporations | A form of ownership with a group of investors.
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| Monopoly | The only place that sells a certain product or service; therefore has control of how much a service costs.
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| Cartel | An urge to shut down small businesses to create monopolies.
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| Horizontal Integration | Creation of large firms that own many small businesses.
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| A Trust | Companies give stock to trustees that then in return place that stock in the hands of other companies.
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| Vertical Integration | Companies lowered costs to public and charged other companies more.
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| Social Darwinism | Applying Charles Darwin's Theory of Evolution to recent economic situations. (Survival of the fittest.)
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| Interstate Commerce Commission | Government operations to oversee railroads
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| Sherman Antitrust Act | Allowed Trusts
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| Sweatshops | dirty, dark work house. (Mostly under-paid immigrants.)
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| Company Towns | Workers forced to live in areas really close to work.
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| Collective bargaining | a group FOR higher wages and better working conditions
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| Socialism | Economic/Political philosophy that likes public control over property and income.
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| Knights of Labor | Labor unions devoted to replacing capitalism.
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| American Federation of Labor | group on unions with specific trades and skills.
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| Haymarket Riot | Riot breaking out in Chicago that killed two policemen and 6 anarchist.
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| Homestead strike | strike of steelworkers and miners that cause small economic depression.
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| Pullman Strike | 300,000 railroad workers quit their jobs and that stopped most of all mail and resource transportation.
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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.
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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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