Industrial Revolution Vocabulary and Figures Flashcard

Front

Which of the following best defines a 'monopoly'? Options: A single seller that controls the entire market, A group of businesses that work together to set prices, A business that produces many different products, A company that sells products in many different countries

Back

A single seller that controls the entire market

Front

Who were known as 'Robber Barons'?

Back

Wealthy business owners who used unfair practices to grow their businesses.

Front

What is meant by 'Captain of Industry'?

Back

A successful and influential business owner

Front

What was Alexander Graham Bell's major contribution? Options: The invention of the telephone, The development of the assembly line, The creation of the first computer, The discovery of electricity

Back

The invention of the telephone

Front

JP Morgan was influential in which area of business? Options: Banking and finance, Automobile manufacturing, Textile production, Agricultural technology

Back

Banking and finance

Front

Andrew Carnegie is best known for his role in which industry? Options: Railroads, Textiles, Oil, Steel

Back

Steel

Front

What role did child labor play during the Industrial Revolution?

Back

Children worked in factories.

Front

What did the term 'sweatshop' refer to during the Industrial Revolution?

Back

A factory with poor working conditions

Front

Which invention is Thomas Edison most famous for?

Back

The light bulb

Front

What is the movement from rural to urban areas called?

Back

urbanization