History - Chapter 5 (Sections 4-?)
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