Chapter 21 Section 1 Review
Which country was the first to industrialize in Europe?
Britain
Who patented a process that made steel lighter, harder and more durable than iron?
Henry Bessemer
Which country industrialized rapidly because they made modernization a priority?
Japan
corporation
businesses owned by many investors
What were the uses of Alfred Nobel's dynamite?
construction and warfare
robber barrons
destroyed competition and damaged free-enterprise/laissez-faire
What was responsible for the development of the battery, electric motor, dynamo, light bulb and incandescent lamp?
electricty
cartel
group of corporations
interchangeable parts
identical components that could be used in place of another
What invention allowed for products such as automobiles, flying machines, threshers and reapers?
internal combustion engine
captains of industry
invested their wealth that lead to employment of thousands of workers
stock
shares in a company
Why did business leaders create monopolies?
to control entire industries or areas of the economy
Why did owners sell stocks?
to get the needed capital
What impact did chemical fertilizers have on society?
Increased food production
Why did nations such as Germany, France and the United States have an advantage over Britain?
They had more abundant supplies of coal, iron and other resources
Assembly Line
When workers add parts to a product that moves along a belt from one station to the next