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2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Econ. Inventions People Labor Vocabulary 2 pt 1 pt 2pt 1pt
Where the supply and demand curve meet
As the quantity demanded on the supply curve increases, the price ______.
Factors that cause a change in supply or demand are called _____________.
Goods that either accompany or replace. Price and availability of these can effect the demand curve.
If the demand curve shifts left, what happens to the price and quantity demanded?
What innovation increased production ability in factories (think Ford)?
Assembly Line (in particular, one that moves while the workers stay in one place)
What is the license to make, use or sell an invention called?
What made the mass production of steel possible?
Along with the mass production of steel, what invention allowed cities to grow upward?
What 2 items contributed to economic growth by improving nationwide communication?
Telephone and Telegraph
This group of unskilled laborers were prominent in the work force – too bad they werent in school.
Ruthless business leaders were called _____ _____.
Who developed a company that monopolized the oil/petroleum industry by eliminating the competition?
John D. Rockefeller
Who revolutionized industry in the United States by discovering a practical way to generate and distribute electricity?
Who was the owner of the steel company that gained a monopoly through vertical consolidation?
What is a company that dominates a particular industry called?
A person that uses their wealth to benefit society is often called a ______.
Captain of Industry
What large group of people would have been employed as unskilled factory workers?
A corporation is owned by___________.
A cost or benefit that motivates a decision or action by consumers, businesses, or other participants in the economy.
Increase Right Decrease Left
A license to protect your written material
Controlling all phases of a products development is known as?
All the goods and services a producer is willing and able to make
One who tries to help others by donating money or time. Many Captains of Industry were considered this.
2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Econ. Inventions People Labor Vocabulary.
Corporation Separate unions of skilled workers, united together Knights of Labor Child Labor Group formed by workers to improve working conditions Theory.
Take out your project topic and wait for further instruction.
Industrialists Inventions Vocabulary Industrialization.
After the Civil War, the North and West grew quickly. Railroads helped the West grow, while industrial cities sprang up all over the north employing many.
Big BusinessInventions & Inventors Words To Know The Work Force $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200.
The Expansion of American Industry America chapter 13 Test Study Guide.
Andrew Carnegie John D Rockefeller Thomas Edison Alexander Graham Bell Cornelius Vanderbilt Monopoly Oil baron Invented the telephone
Chapter 6 An Industrial Society. Petroleum an oily, flammable liquid.
There is no oil left on earth. Therefore, there is no power for electricity. Describe your morning routine getting ready for school without using any electricity.
$2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 Vocabulary I Vocabulary II Inventors and Inventions Industry and Industrialists.
The Rise of Big Business Robber Barons or Captains of Industry.
Quiz 7 Review Industrialization, Big Business, & The Wild West.
Chapter 4. How did the industrial growth of the late 1800’s shape American society and the economy.
Where the Gilded Age Begins: America, An Industrial Nation.
Industrialization and the “Gilded Age” Students will take notes on how America’s great entrepreneurs helped the U.S. become one of the world’s leading.
Industrialization 1850’s Inventions that lead to Industrialization Thomas Edison & Menlo Park Thomas Edison & Menlo Park Light bulb, Phonograph,
The Growth of Big Business. Unit Theme: How did Americans attempt to obtain the “American Dream” in the late 1800s? Opening Discussion: –What is the American.
The practice of combining separate companies in the same industry.
History Alive! Pursuing American Ideals Industrialization Key Terms The Age of Innovation and Industry: The rise of corporations, heavy industry, mechanized.
John D. Rockefeller. He made his money from oil. He controlled Standard Oil – a monopoly.
Capital Money for investment in industry. George M. Pullman Developed a luxury sleeping car for overnight.
Independent Reading Time. Write a few sentences about what this cartoonist is trying to prove. Welcome to America.
CHAPTER 14 The Expansion of American Industry ( )
Directions: Check + add to your HW assignment (which was due Wed/Thurs. Aug ) Unit #1 Gilded Age Vocabulary Review.
The Rise of Big Business. Henry Bessemer Created a cheap and efficient process for making steel.
Industrial America Steel is critical to industrialization – new method for steel production during this time: Bessemer Process – a day’s worth of production.
Warm-Up 4/10 If you could be the owner of any type of company, what would it be? Why?
NEW INDUSTRIALIZATION 2 nd Phase of the Industrial Revolution.
SECTION 1 Corporations Gain Power Economic Growth Brings Wealth and Poverty November 2011.
The Growth of Big Business Chapter 13 Section 2. Objective: Evaluate the wealth created through the growth of Big Business against the methods and means.
Chapter 9 Section 1 Industrial Revolution:
America prior to the shift towards Business & Industry 1600s-Civil War.
Chapter 5 Industrial Age. Railroads Lead the Way Railroad expansion allowed a few powerful individuals to build a great fortune. Powerful people who controlled.
JEOPARDY Big Business Categories
Reality in Room 813… …Life as a Robber Baron… …and Laborers Response Chapter 6 Notes.
THE INDUSTRIAL SOCIETY Chapter 18. Industrial Development Late nineteenth-century U.S. offers ideal conditions for rapid industrial growth –
The Growth of Big Business The Good and The Bad. Robber Barons Business leader who made fortune by stealing from public. Drained natural resources, paid.
The Industrial Revolution Industrialization: When a society transitions from being based on agriculture (farming) to industry (factories)
The Growth of Big Business in the Gilded Age Ch. 6, Sec 2.
The Rise of Industrialism. Before this time U.S. mainly Agricultural Society. TJ saw U.S. as a land of Yeoman farmers Inventions needed investors to be.
Before the Civil War, most American businesses were owned by a single person or a partnership After the Civil War, industry (mills, factories, railroads,
The Second Industrial Revolution Mid1850’s to the early 1900’s.
What spurred growth of industry?. ANSWER! Technological change.
SSUSH11 The student will describe the growth of big business and technological innovations after Reconstruction.
Robber Barons or Captains of Industry?. Basic Economics of 19 th Century - economic system where businesses are operated by private owners -Laissez-Faire?
INDUSTRIAL REVOLUTION SOL 8b. THE TRANSFORMATION OF THE AMERICAN ECONOMY FROM A PRIMARILY AGRARIAN TO A MODERN INDUSTRIAL ECONOMY AND IDENTIFYING MAJOR.
The Free Enterprise System The Corporation Before the Civil War, most American businesses were owned by individuals or by a group of partners. After the.
Industrialization Conditions for rapid industrialization –abundance of cheap natural resources –large pool of labor –government support without interference.
LT: I will be able to identify entrepreneurs during the Industrial Era and show knowledge of how a market economy works. BW: List 3 New inventions or industries.
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