People | ||
#1 | The inventor who established the American Telephone and Telegraph Company | Alexander Graham Bell |
#2 | Creator of Standard oil, Trusts, and Vertical Consolidation | John D. Rockeller |
#3 | Became Rich through the Steel Industry and Vertical Consolidation | Andrew Carnegie |
#4 | Created the First Suspension Bridge | Roebling |
#5 | Inventer expanded the used of electricity through Alternating current | George Westinghouse |
Vocabulary | ||
#1 | Those who gave away weath to support charity, museums, universities, and Libraries | Philanthropists |
#2 | Idea that those with the best business sense are more fit to succeed. Justification for Survival of the Fittest in Capitalism | Social Darwinism |
#3 | According to this theory, once one becomes rich they should give money back to benefit humanity | Gospel of Wealth |
#4 | When a company has no competition for the marketing of its product and complete control over a specific Industry | Monopoly |
#5 | This term implies business leaders sought to maximize their profits by exploiting their workers to get rich unfairly | Robber Barons |
Changing American Business | ||
#1 | This Industrial accomplishment became a symbol of American Ingenuity | Brooklyn Bridge |
#2 | What was the general reaction of the Fed. Gov. to early Labor Unions and Strikes | Gov sided with Businesses...usually sent in military to break strike |
#3 | As a result of harsh working conditions...workers often took action by....? | Striking / Forming Labor Unions |
#4 | How did the U.S. encourage Railroads? | Giving away Large LAND GRANTS |
#5 | This act was meant to break up monopolies and promote free competition in the Market Place | Sherman Anti-Trust Act |
Miscellaneous | ||
#1 | This famous Banker made his money giving loans to emerging businesses and later created the worlds largest steel Corporation | JP Morgan |
#2 | Thomas Edison is Most Famous for inventing this | The Light Bulb |
#3 | This technological achievement connected the East and West of the Nation, and opened up trade throughout the nation | Transcontinental Railroad |
#4 | This individual was the first to drill for oil | Drake |
#5 | The Transcontinental Railroad was completed in what location | Promontory point, Utah |
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Final Question | |