Economic Systems and Industrial Innovations

An economic and political system where trade and industry are controlled by private owners for profit.

A new idea or more effective device or process.

<p>A period of rapid technological advancements typically dated between 1870 and 1914.</p> Signup and view all the answers

<p>An American engineer and industrialist known for designing the Pullman sleeping car.</p> Signup and view all the answers

<p>The railway air brake.</p> Signup and view all the answers

<p>A steel-making process to remove impurities from molten pig iron through oxidation.</p> Signup and view all the answers

<p>An American inventor known for contributing to the telegraph system and its code.</p> Signup and view all the answers

<p>A system for transmitting messages from a distance along a wire using signals.</p> Signup and view all the answers

<p>Alexander Graham Bell.</p> Signup and view all the answers

<p>An undersea cable used for telegraph communications.</p> Signup and view all the answers

<p>The phonograph.</p> Signup and view all the answers

<p>American inventors credited with building the first successful airplane.</p> Signup and view all the answers

<p>Hair products specifically for black women.</p> Signup and view all the answers

<p>Notable for his 57 U.S. patents related to lubrication of steam engines.</p> Signup and view all the answers

<p>Sarah Goode.</p> Signup and view all the answers

<p>An improved method for producing carbon filaments for electric light bulbs.</p> Signup and view all the answers

<p>A machine that attached the upper part of a leather shoe to the sole.</p> Signup and view all the answers

<p>A retail firm that receives orders and ships merchandise through the mail.</p> Signup and view all the answers

<p>A company or group authorized to act as a single entity.</p> Signup and view all the answers

<p>Capital raised by a business through the issue of shares.</p> Signup and view all the answers

<p>A person who organizes and operates a business, taking on financial risks.</p> Signup and view all the answers

<p>A Scottish American industrialist known for leading the expansion of the steel industry.</p> Signup and view all the answers

<p>An American industrialist and philanthropist who founded the Standard Oil Company.</p> Signup and view all the answers

<p>An arrangement where the supply chain of a company is owned by that company.</p> Signup and view all the answers

<p>A strategy where a company acquires or merges with competitors in the same industry.</p> Signup and view all the answers

<p>A method where companies assign their stocks to a board that manages them.</p> Signup and view all the answers

<p>Exclusive control over a specific product or service in the market.</p> Signup and view all the answers

<p>The first federal action against monopolies, aimed at regulating unfair business practices.</p> Signup and view all the answers

<p>A self-made millionaire who co-founded Standard Oil and developed Florida's railroads.</p> Signup and view all the answers

<p>A railroad connecting Jacksonville to Miami and Key West, promoting tourism and agriculture.</p> Signup and view all the answers

<p>The central ideas or principles guiding government actions, including laws.</p> Signup and view all the answers

<p>Laws controlling how businesses operate to prevent financial disasters.</p> Signup and view all the answers

<p>Methods and procedures that firms follow to achieve their objectives.</p> Signup and view all the answers

<p>Advancements in communication, transportation technologies, and railroad networks.</p> Signup and view all the answers

<p>A period marked by major inventions and expansion based on water and steam power.</p> Signup and view all the answers