Industrial Revolution Review
Across
- 5. This person made his fortune in steel
- 9. This person invented the light bulb and hundreds of other inventions
- 11. When a company buys all the other companies in an industry, this is __________________ integration.
- 12. This type of property, especially land or buildings, that belongs to a particular person or company, rather than to a government
- 14. The physical or financial resources used to produce value in an economy
- 15. The development and application of ideas and technologies that improve goods and services or make their production more efficient
- 17. This person made his fortune through the shipping and railroad industry
- 19. The total amount of a specific good or service that is available to consumers
- 20. A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- 22. A type of business organization owned by many people, but treated by law as of it were a person.
- 23. This person made his fortune in oil
Down
- 1. This person was known as "The Kind of Trusts"
- 2. The ______ market economy is an economic system without government intervention or regulation
- 3. A concept that opposes and intervention in the economy by the government
- 4. When one company controls an entire industry
- 6. When a company controls the parts of the supply chain needed in their industry, this is ________________ integration.
- 7. An economic concept that relates to a consumer's desire to purchase goods and services and willingness to pay a specific price for them
- 8. The process of making or manufacturing goods and products from raw materials or components
- 10. To spread the product throughout the marketplace such that a large number of people can buy it
- 13. Financial rewards provided to people to alter consumption and production patterns in an economy
- 16. The innovation of the _________ line led to lower prices and increased production
- 18. A company that is placed in charge of managing a wide variety of companies, but runs them together as ONE massive company
- 19. A small part of a company a person can buy
- 21. The Stock ______________ is where a person buys shares in company