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| method of production in which workers add parts to a product that moves along a belt. Introduced by Henry Ford. |
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| New and improved formula for making steel. Made steel stronger, better. Invented by Henry Bessemer. Made by Andrew Carnegie! |
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| A patten of good and bad times in the economy. (Prosperity, Recession, Depression) |
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| A business owned by investors who buy part of that company through shares of stock. |
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| An era during the late 1800's of fabulous wealth for a few. |
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| Making large amounts of a product quickly and cheaply. |
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| A company that gets rid of competition and controls the industry! Bad for consumers. |
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| A government document that gives an inventor exclusive rights to make or sell his invention. Protects people from stealing or copying the idea. |
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| A rich person who gives large amounts of money away for the public good. |
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| A nick-name given to a business leader who became successful and rich by being dishonest and using unfair methods. |
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| A system that divided the U.S. into time zones. |
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| A law passed in 1890, making monopolies and trusts illegal.(Because they hurt consumers / customers) |
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| Transcontinental Railroad |
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| A railroad that spanned across the entire continent. |
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| A legal body created to hold stock in many companies usually in the same industry.Example: Meat Trust |
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| Produced steel in his company U.S. Steel |
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| Invented the incadescent light bulb. Had over 1,000 patents. Nicknamed the "Wizard of Menlo Park" |
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| Produced Oil. Created America's first monopoly called the Standard Oil Company. |
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| Shares of ownership in a corporation. If you own stock, you own a share of the company! |
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| Money left over, after all the bills for running your business have been paid. |
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