Jeopardy Inventors Inventions Vocab Monopolies More Vocab Q

Jeopardy Inventors & Inventions Vocab Monopolies More Vocab Q $100 Q $100 Q $200 Q $200 Q $300 Q $300 Q $400 Q $400 Q $500 Q $500 Misc. Ind. Final Jeopardy

$100 Question from H 1 Founder of the Standard Oil Trust

$100 Answer from H 1 Who is John D. Rockefeller?

$200 Question from H 1 late 1800’s era of fabulous wealth

$200 Answer from H 1 What is the Gilded Age?

$300 Question from H 1 government documents giving an inventor the exclusive right to make and sell an invention for a specific number of years

$300 Answer from H 1 What is a patent?

$400 Question from H 1 a legal body created to hold stock in many companies, often within an industry

$400 Answer from H 1 What is a trust?

$500 Question from H 1 an investor who buys part of a company through shares of stock

$500 Answer from H 1 What is a shareholder?

$100 Question from H 2 • How did Rockefeller create his monopoly in • Oil?

$100 Answer from H 2 • What is he became powerful by building refineries, making favorable deals with railroads in secret, and creating the Standard Oil Trust to gain a monopoly. Rockefeller only wanted to control one part of the industry – refining and drive all other competitors out of business

$200 Question from H 2 How did Carnegie create his Monopoly?

$200 Answer from H 2 What is Carnegie bought all components of the steel industry, including iron mines, coal mines, and steel making facilities. He wanted to control the entire process and make the best and cheapest product.

$300 Question from H 2 • How is a monopoly created?

$300 Answer from H 2 • What is. A monopoly works by one company controlling a type of business. The company tries to eliminate its competitors by charging low prices and running them out of business or buying them out.

$400 Question from H 2 Why are monopolies bad for business?

$400 Answer from H 2 What is once the company gets rid of the competition it can charge whatever price it wishes?

$500 Question from H 2 The late 1800’s were called the Gilded Age because

$500 Answer from H 2 • What is there was a thin layer of wealth, which represented the gold layer, covering the larger amount of poverty in the rest of society?

$100 Question from H 3 • the pattern of good and bad economic times

$100 Answer from H 3 What is the business cycle?

$200 Question from H 3 a period of low economic activity

$200 Answer from H 3 What is a depression?

$300 Question from H 3 business that gains control of an industry by eliminating other competitors

$300 Answer from H 3 What is a monopoly?

$400 Question from H 3 He built the US steel industry.

$400 Answer from H 3 Who is Andrew Carnegie?

$500 Question from H 3 a business owned by investors who buy part of it through shares of stock

$500 Answer from H 3 What is a corporation?

$100 Question from H 4 The inventor of the Telephone

$100 Answer from H 4 Alexander Graham Bell

$200 Question from H 4 inventor of the practical electric light bulb and many other devices

$200 Answer from H 4 Who is Thomas Edison?

$300 Question from H 4 African American inventor who Helped Edison.

$300 Answer from H 4 Who is Lewis Latimer?

$400 Question from H 4 An invention that helped in written Correspondence.

$400 Answer from H 4 What is the typewriter?

$500 Question from H 4 The ways that the sewing machine Changed American life.

$500 Answer from H 4 Sewing machine created a new industry – ready-made clothes and opened up jobs for many including women.

$100 Question from H 5 A boom has what characteristics?

$100 Answer from H 5 What is a good time where people buy more and may invest in business resulting in industries and businesses growing ?

$200 Question from H 5 Busts are characterized by these

$200 Answer from H 5 What is a bad time when spending and investing decrease causing industries to lay-off workers and make fewer goods?

$300 Question from H 5 A business that is owned by one Person or a few partners

$300 Answer from H 5 What is a company?

$400 Question from H 5 Steamboats, canals, railroads ship raw materials and finished products quickly are examples of what cause of industrialization?

$400 Answer from H 5 What is improved transportation?

$500 Question from H 5 forests, water, coal, iron, copper, silver, gold are examples of what cause of industrialization?

$500 Answer from H 5 What are natural resources?

Final Jeopardy Name and describe three remaining Causes of industrialization (exclude new Inventions)

Final Jeopardy Answer Population growth due to immigration – doubled, much due to 14 million immigrants Government support – states and federal used land grants, subsidies and tariffs nvestment capital – banks and wealthy people lent business money