Industrialization Vocabulary

When the government is “hands off” the economy and doesn't make laws/rules to limit business

• social darwinism

• industrialization

• laissez-faire

• urbanization

Making products quickly and cheaply; the assembly line was an important part of this

• urbanization

• mass production

• philanthropy

• Captain of Industry

The time period of growth as the United States became an industrial power, changing from a farming society to a manufacturing society

• Capitalism

• urbanization

• Imperialism

• Industrialization

Method of mass production in which large amounts of steel could be made cheaper and quicker

• Bessemer Steel Process

• corporation

• social darwinism

• steelization

Term that is a negative opinion to describe the big businessmen of industrialization

• Captain of Industry

• Robber Baron

• Entrepreneur

• philanthropist

Positive nickname used to refer to big businessmen often because they were philanthropists.

• Captain of Industry

• Robber Baron

• Social Darwinist

• None of the above

The rapid growth of cities

• ruralization

• social darwinism

• imperialism

• urbanization

When one business controls an entire industry

• competition

• monopoly

• entrepreneur

• socialization

When large amounts of money are given to charity and for the public good.

• social darwinism

• urbanization

• philanthropy

• Captain of Industry

The Standard Oil company grew into a monopoly under the leadership of this big businessman

• Andrew Carnegie

• Cornelius Vanderbilt

• JP Morgan

• John D. Rockefeller