Vocab 8 Part 1

Front

Development of large-scale manufacturing.

Back

Industrialization

Front

Production system with machines and workers where each performs a single task repeatedly.

Back

Assembly Line

Front

Production of large quantities of goods using machinery and assembly line.

Back

Mass Production

Front

Combining competing businesses into one corporation.

Back

Horizontal Integration

Front

Ownership of all production levels.

Back

Vertical Integration

Front

Complete control of an industry.

Back

Monopoly

Front

Charitable acts benefiting the community.

Back

Philanthropy

Front

Factory with long hours, low wages, and unhealthy conditions

Back

Sweatshop

Front

Organization of workers with the same trade or skill

Back

Trade Union

Front

Discussion between employer and trade unions over wages, hours, and working conditions.

Back

Collective Bargaining