1. $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 Vocabulary I Vocabulary II Inventors and Inventions Industry and Industrialists Labor Unions And Labor Conflicts

2. The doctrine that government should not interfere in economic affairs

3. Laissez-faire

4. The practice of combining separate companies into one

5. Consolidation

6. Discount or return of part of a payment

7. Rebate

8. A group sharing in some activity, for example among railroad barons who made secret agreements and set rates among themselves

9. Pool

10. Define mass production

11. The production of large quantities of goods using machinery and often an assembly line

12. A system with machines and workers arranged so that each person performs an assigned task again and again as items pass before him or her

13. Assembly Line

14. A business in which investors own shares

15. Corporation

16. Shares of ownership a company sells in its business which often carry voting power

17. Stock

18. Organization of workers with the same trade or skill

19. Trade Union

20. Define collective bargaining

21. Discussion between an employer and union representatives of workers over wages, hours and working conditions

22. Operators sent messages in morse code Offers instant communication Connects United States and Europe

23. Telegraph

24. Invented by Alexander Graham Bell – offers instant communication

25. Telephone

26. The electric light bulb was invented by this man

27. Thomas Edison

28. “Broke the bonds of Earth and see the world in a new way” Attracted attention of United States military in 1911 What is it and who invented it?

29. The Engine Powered Aircraft The Wright Brothers

30. Between 1860 and 1890, the government granted over 400,000 of these for new inventions.

31. Patents

32. These stimulate steel, lumber and coal industries

33. Railroads

34. This Captain of Industry made his fortune in the steel business, was a philanthropist and used vertical integration.

35. Andrew Carnegie

36. Owner of Standard Oil Company, used horizontal integration, philanthropist?

37. John D. Rockefeller

38. Who was Henry Ford?

39. Famous for the introduction of the first mass produced automobile and the use of the assembly line

40. What is horizontal integration?

41. Combining competing companies into one corporation

42. When collective bargaining failed, labor unions often used these to achieve their aims

43. Strikes

44. strike at Carnegie Steel plant to protest a wage cut

45. Homestead Strike

46. What was the Sherman Antitrust Act

47. An ineffective and rarely enforced piece of legislation that prohibited monopolies and pools

48. What is a strike breaker?

49. Person hired to replace a striking worker in order to break up a strike

50. The International Ladies Garment Workers Union was formed as a result of this incident

51. Triangle Shirtwaist Factory Fire

52. Final Jeopardy Answer

53. Final Jeopardy Question