US HIst. B Unit 1Industrialization: Railroads & Big Business

Front

What is the name of the railroad that connected America, East Coast to West Coast?

Back

Transcontinental

Front

Because of a labor shortage in California, the Central Pacific hired 10,000 workers from ______.

Back

China

Front

What do you call an individual that swindles investors and taxpayers, bribes officials and cheats on contracts and debts?

Back

Robber Baron

Front

What type of business is an organization owned by many people but treated by law as though it were a person?

Back

Corporation

Front

In this type of economy the government does not interfere and lets people do as they chose.

Back

Laissez-faire

Front

______ is a business man that stimulates the economy by creating jobs and giving back to society.

Back

Captain of Industry

Front

_____ was a Scottish immigrant that came to America, became wealthy and gave millions back to society.

Back

Andrew Carnegie

Front

______ invented a new process to purify iron and make cheap steel.

Back

Henry Bessemer

Front

When a single company achieves control of an entire market, it becomes a __________.

Back

Monopoly

Front

_______ was an industrialist that controlled 90% of the oil refining industry in the United States.

Back

John D. Rockefeller