| A | B |
|---|
| What science studies wealth, the production and distribution of goods and services? | Economics |
| What was an economic policy in which colonial raw materials were shipped to the parent country and finished goods were sold to colonists? | Mercantilism |
| Name four developments in Italian Renaissance trade? | Rising merchant class, long distance trade, double entry bookkeeping, guilds |
| What are two components of capitalism? | Free market and private ownership of means of production |
| What was the economic and social system of medieval manors? | Feudalism |
| Where did the Industrial Revolution start and in which business? | English textiles |
| What form of business organization results when companies control the supply of a particular product or control a key part of the manufacturing process? | Monopoly |
| Who first articulated the laws of supply and demand? | Adam Smith in his book "Wealth of Nations" |
| Who were the New Immigrants? | Southern and eastern Europeans |
| What are "birds of passage"? | Immigrants who worked a few years in America and then returned to Europe to live. |
| What new style of building made it possible for so many immigrants to crowd into big cities? | Tenements |
| Who invented the telephone? | Alexander Graham Bell |
| Who invented the light bulb, moving picture and phonograph? | Thomas Edison |
| Who invented the telegraph? | Samuel F.B. Morse |
| What business monopoly was controlled by Andrew Carnegie? | U.S. Steel |
| What business monopoly was controlled by John D. Rockefellar? | Standard Oil |
| What business monopoly is associated with J. P. Morgan? | Finance |
| What new style of architecture made it possible for big companies to locate all their offices in one building? | Skyscrapers |
| List two ways that baseball reflected the Age of Expansion? | Industrial growth and racial attitudes |
| Who were the Gum Shan Hok? | Chinese railroad workers |
| Who invented a mechanical reaper that made grain harvesting efficient and profitable on large farms on the Great Plains? | Cyrus McCormick |
| Whose sewing machine helped housewives but also spawned garment industry sweatshops? | Isaac Singer |
| Whose customized railroad sleeping cars made train travel popular and comfortable? | George Pullman |
