Vocabulary Monopolies & Captains of Industry Inventions Big Business & Industrial Growth Changes to Farm & City Life
100
What is business?
A company that supplies a product in exchange for money
100
What is monopoly?
When a company is the only supplier of a product
100
What is the telephone service?
This invention allowed people to communicate in real time across long distances
100
What is a monopoly?
This kind of company was bad because there was a lack of competition
100
What is a mail-order catalog?
This item allowed people in rural areas to purchase goods from all over the country
200
What is mechanization?
Using machines to do work
200
Who is John D. Rockefeller?
Captain of the oil industry
200
What is the lightbulb and mechanical uses of electricity?
This invention allowed people to see in the dark and made other inventions possible
200
What is Chicago, Illinois?
This city was the center of the Meatpacking industry
200
What is labor-saving products?
These products made housework easier and faster to do
300
What is industry?
A group of businesses that supply a similar product
300
Who is Andrew Carnegie?
Captain of the steel industry
300
Who is Thomas Edison?
This person is credited with the invention of the electric lightbulb and mechanical uses of electricity
300
What is lower-cost production?
This method of production uses cheaper materials and pays workers less in order to lower the cost of the product
300
Who is farm laborers?
This group of people left farms to go work in factories
400
What is invent?
To create something that has not existed before
400
Who is JP Morgan?
Captain of the banking industry
400
Who is Alexander Graham Bell?
This person is credited with the invention of the telephone service
400
Who are immigrants?
This group of people filled factory jobs after moving to the U.S.
400
What is increased production?
This result of mechanization on farms meant more crops were grown
500
What is advertise?
To bring attention to a product
500
Who is Cornelius Vanderbilt?
Captain of the railroad and shipping industry
500
What is the railroad network?
This invention allowed greater access to raw materials and energy sources
500
What is a national market?
This meant consumers had access to products made all over the country
500
What is decreased labor needs?
This result of mechanization meant there were less jobs available for farm laborers






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