Industrialization Vocabulary

arrangement of equipment and workers in which work passes from operation to operation in direct line until the product is assembled

• assembly line

• horizontal integration

• vertical integration

• nativism

group of separate companies that are placed under the control of a single managing board in order to form a monopoly

• trust

• Captains of Industry

• vertical integration

• assembly line

method developed in the mid-nineteenth century for making steel more efficiently

• Bessemer process

• assembly line

• nativism

• vertical integration

(1863–1947) was the founder of a car company. He revolutionized the automobile industry with his assembly line and treatment of workers. The Model T ushered in the age of the automobile in the United States.

• Henry Ford

• Cornelius Vanderbilt

• JP Morgan

• Thomas Edison

What term describes the economic policy of extending a country's power and influence through diplomacy or military force, often associated with industrialization?

• Imperialism

• Isolationism

• Feudalism

• Capitalism

Which innovation, crucial during the Industrial Revolution, allowed factories to be located away from water sources?

• Steam engine

• Water wheel

• Windmill

• Solar panel

What is the term for the movement of people from rural areas to cities, often driven by industrialization?

• Urbanization

• Suburbanization

• Ruralization

• Globalization

Which economic system is characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market?

• Capitalism

• Socialism

• Communism

• Feudalism

What is the term for a business leader whose means of amassing a personal fortune contributes positively to the country in some way?

• Captain of Industry

• Robber Baron

• Monopolist

• Oligarch

Which term refers to the process of a company increasing production of goods or services at the same part of the supply chain?

• Horizontal integration

• Vertical integration

• Diversification

• Monopolization