Industrialization Lessons 1-2

123456789101112131415161718192021222324
Across
  1. 3. strong steel made it possible to build up, not out.
  2. 5. complete control of a product or service.
  3. 7. this system of consolidating many firms in the same business.
  4. 8. allowed businesses to operate under minimal government regulation, a.k.a. "let do"
  5. 10. these systems depended upon machinery to carry out tasks that were once done with hand tools.
  6. 12. Arrangement between businesses making the same product agree to limit the production and thus keep prices high.
  7. 14. farmers were put out of work by this.
  8. 16. an organization of workers formed to pressure business owners to improve wages and working conditions.
  9. 19. a person who has become rich through ruthless and unscrupulous business practices.
  10. 20. made his fortune on steel production.
  11. 23. invented in 1844, this invention increased the speed of communication.
  12. 24. the freedom to run a business for profit with minimal regulation.
Down
  1. 1. group ownership of a business.
  2. 2. theory that wealth was a measure of one’s inherent value and those who had it were the most “fit.”
  3. 4. this was necessary to transports natural resources to the factories.
  4. 6. taxes that made imported goods cost more than those made in the United States. Forced Americans to buy American made products.
  5. 9. made his fortune in oil.
  6. 11. a grant by the federal government giving an inventor the exclusive right to develop, use, and sell an invention for a set period of time.
  7. 13. United States growth was fuelled by this vast supply.
  8. 15. invented the light bulb.
  9. 17. where one owns all the firms involved in the manufacturing process.
  10. 18. method developed in the 1850s for making steel more efficiently.
  11. 21. a person who takes financial risks to start a business.
  12. 22. made his fortune in the railroads.