USH Module 20: The Industrial Age

Front

A process developed in the 1850's that led to faster, cheaper steel production.

Back

Bessemer Process

Front

An exclusive right to make or sell an invention.

Back

Patents

Front

What type of businesses sell portions of ownership called stock shares?

Back

Corporations

Front

A number of companies legally grouped under a single board of directors.

Back

Trust

Front

A complete control over the entire supply of goods or a service in a particular market.

Back

Monopoly

Front

A technique used by labor unions in which workers act collectively to change working conditions or wages.

Back

Collective Bargaining

Front

An innovation of Henry Ford's that dramatically reduced the cost of production.

Back

Moving Assembly Line

Front

The business practice of owning all of the businesses involved in each step of a manufacturing process.

Back

Vertical Integration

Front

Owning all the businesses in a certain field.

Back

Horizontal Integration

Front

In what became known as the ................................................................, an unidentified person threw a dynamite bomb at police, who were trying to break up the crowd.

Back

Haymarket Riot