U.S. History: The 2nd IR, Business & Labor (1865-1898)

Front

All of the following developments began in the Second Industrial Revolution EXCEPT: Electricity, Chemical Industry, Bessemer Steel Process, Steam Power

Back

Steam Power

Front

_____ opened the way for worldwide communications with the invention of the telephone.

Back

Alexander Graham Bell

Front

What made it possible to construct skyscrapers in the 1800's?

Back

new methods of making steel

Front

Vertical integration, a business strategy used by steel mogul Andrew Carnegie, involves _______.

Back

buying out raw material producers and distributors

Front

Horizontal Integration

Back

A business practice in which a company takes over all of its competitors.

Front

Which is NOT a characteristic of a business monopoly? Options: encourage business competition, rise prices, put all competition out of business, control all of a products' production

Back

encourage business competition

Front

Between 1860 and 1900, a primary cause of migration from rural to urban areas was ____.

Back

increasing economic opportunity in cities

Front

Laissez-Faire Economics

Back

Economic system in which the government does not intervene in business practices

Front

Labor Union

Back

An organization of workers that tries to improve working conditions, wages, and benefits for its members

Front

Strike

Back

An organized work stoppage intended to force an employer to address union demands