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Chapter 6 test
| Question | Answer |
|---|---|
| What is petroleum? | A oily flammable liquid used in making kerosene |
| What is a patent? | A document giving rights to sell products. |
| What is "The business cycle"? | The pattern of economic good times, and bad times. |
| What is a "Trust"? | A legal body created to hold stock in many companies. |
| What is "The Bessemer Steel Process"? | A way of making steel that cuts the cost of iron. |
| What is "The Gilded Age"? | A era during the 1800's of fantastic wealth. The phrase was made by Charles Warner and Mark Twain. |
| What is the "Centennial Exhibition"? | A exhibition in Philadelphia, celebrating America's 100th birthday. |
| What is the "Haymarket Affair"? | A union against police scuffle, where 100 people ended up dead. |
| What is "Standard Time"? | A system that divided the U.S into 4 time zones. |
| What is "Monopoly"? | A company that wipes out its competitors and controls entire industries. |
| Who is Thomas Edison? | The man who made the first practical telephone. |
| Who is Alexander G. Bell? | The man who invented the first telephone. |
| Who is Andrew Carnegie? | A leader of the rail way union. |
| Who is John D. Rockefeller? | A leader of the oil industry. |
| Who is Samuel Gompers? | An organizer of the AFL. |
| What is a "robber baron"? | A business leader who became wealthy through false methods. |
| Who are the "Knights of Labor"? | A loose federation of workers from different trades. |
| What is an "Philanthropist"? | People who give large sums of money to charities. |
| What is the "AFL"? | A national organization of unions that included about 1.7 million people by 1904. |
| What is a "Sweat shop"? | A place with long hours, low pay, and terrible conditions. |
| What is the "Transcontinental Railroad"? | A railroad that goes across the continent. |
| What main strikes, discussed in class, have in common? | The strikes were about money. |
| How did Rockefeller and Carnegie differ in their ways of doing business? | Rockefeller took over his competitors, Carnegie took over all the processes related to steel to beat competitors. |
| How were choices on where to live changed or influenced by railroads? | People wanted to live near the railroads so they could have access to transportation. |
| What was the main economic activity of the South in the late 1800's? | They built the telephone, sewing machine, typewriter, and other inventions. |
| How were the Native Americans affected by the building of the Transcontinental Railroad? | They had more job opportunities. |
| What factory working conditions like in the late 1800's? | They were dangerous conditions, with low pay. |
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