History - Chapter 5 (Sections 4-?)

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Who wrote the Principles of Scientific Management?

Frederick Winslow Taylor

On what day did WWI end?

November 11th, 1918

When was the highway created?

1926

What was the production of goods in large numbers through the use of machinery and assembly lines?

mass production

What was the name of the 1st car designed by Ford?

the Model T

What car as made around the same time as the Model T?

the Oldsmobile

Who was one of the 1st company owners to give employees weekends off?

Henry Ford

Who was the founder of the Ford automobile company?

Henry Ford

What was the name for lines in which workers made products in in factories?

assembly lines

What was the name for a period of rising stock prices?

bull market

What was the name for a system of buying stocks in which a buyer pays a small percentage of the purchase price while the broker advances the rest? (similar to installment buying)

buying on margin

What was the name for a flood of new, affordable goods in the years after World War I?

consumer revolution

What was the name for "credit-buying"?

installment buying

What was the name for when experts looked at each step of a manufacturing process, trying to find ways to reduce time, effort, and expenses?

scientific management


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