Industry & Big Business Study Game

Front

What are Railroad Barons?

Back

Powerful individuals who controlled the nation's rail traffic after the consolidation of the railroads.

Front

What does 'laissez-faire' mean in business?

Back

A term that refers to minimal government interference in business practices.

Front

What invention is credited with bringing electric lighting to homes and factories?

Back

The Lightbulb.

Front

During which years did automobile sales see the greatest increase?

Back

1923-1925.

Front

How did Thomas Edison’s invention change society?

Back

It allowed factories to work at night by providing electric lighting.

Front

What is the significance of the Assembly Line in industry?

Back

A manufacturing process that increases efficiency by dividing tasks among workers.

Front

What is the Bessemer Process?

Back

A method for producing steel by blowing air through molten iron to remove impurities.

Front

What role did the telephone play in business?

Back

It revolutionized communication, allowing for faster and more efficient business operations.

Front

What is the impact of heavy corporate taxation on businesses?

Back

It can reduce profits and discourage investment in growth.

Front

What does 'industrialization' refer to?

Back

The process of developing industries in a country or region on a wide scale.