Industrial Age

Vertical and horizontal integration were strategies designed to

• end unsafe working conditions and promote cooperatively run corporations.
• eliminate competition and control every step of the production process.
• involve the government in protecting workers and fair wages.
• give stockholders control over corporations.

How is a corporation different from other types of businesses?

• They sell stock shares to attract investment

• They share profits equally with all workers.

• They were illegal in the late 1800s.

• They are privately owned by one person or family.

How did Thomas Edison affect life in America?

• Edison studied science to help Americans better understand the world.
• Edison created a successful lightbulb and a system for supplying electricity in big cities. 
• Edison developed alternating current to send electricity over miles of wires.
• Edison designed a trolley car that could run without a cable.

What is a monopoly?

• Everyone gets a fair share of the business

• The government controls business

• When one company has total control of an entire supply of goods.

How did many strikes end during the

Industrial Revolution?

• The workers got what they wanted

• There was a lot of violence and the

  workers lost

• The businesses had to shut down

Who made the car affordable for

most Americans by creating the assembly line?

• Henry Ford

• Henry Frick

• Cornelius Vanderbilt

When violence broke out during strikes, membership in unions

• decreased

• increased

• stayed the same

• unions broke apart

An efficient factory method in which an individual  performs the same task over and over again

• Strikebreakers
• Labor Unions
• assembly line
• Mergers

Organization of workers who seek better pay and working  conditions

• Strikebreakers
• Labor Unions
• assembly line
• Mergers

Created a monopoly in the oil industry

• Standard Gauge
• Rockefeller
• Sweatshops
• Edison