Men of Humble Beginnings
A legal entity that is independent of its owners and has its own rights as if it were its own person
What is corporation?
The process of combining smaller companies to make a larger one
What is merger?
Period of rapid economic growth mixed with serious social and political problems
What is Gilded Age?
This invention by Henry Bessemer made steel cheap, lightweight, and mass-producible.
What is the Bessemer process?
What year did the landmark court case Plessy v. Ferguson create the "separate but equal"
What is 1896?
Man who (with his brothers) founded one of the largest meat packing businesses in the world (based in Chicago), revolutionized slaughterhouse processing of meat.
Who is Philip Armour?
A company that controls most of its market without having competition from others
What is monopoly?
Critics used this derogatory term for ruthless industrialists, contrasting with the positive term "captains of industry."
What are robber barons?
This mode of transportation expanded nationwide, creating a truly unified national market for goods and resources.
What is a railroad?
When did the first gas station open in America?
What is December 1, 1913?
Man who created the steel industry in the United States and revolutionized construction
Who is Andrew Carnegie?
When workers stop working to demand changes.
What is a strike?
Community center that provided services to poor and immigrant families
What is settlement housing?
This major demographic shift saw millions of Americans move rapidly from rural farms to crowded cities.
What is urbanization?
Gilded Age Period
What is 1870-1990?
Man who created the first automobile and an assembly line.
Who is Henry Ford?
Railroad owners worked together to get the nation to agree on time zones across the United States so that train schedules would be the same in all parts of the country. They were established in 1883.
What is a time zone?
A law passed in 1882 that stopped most Chinese workers from coming to the United States because of anti-Chinese discrimination
What is Chinese Exclusion Act?
Which city, known for processing meat, was the original home of the meat packing industry?
What is Chicago?
Year of Sherman Antitrust Act
What is 1890?
A man who managed large amounts of money for businesses and organizations; also a banker involved in business consolidation during the New Industrial Age
Who is J.P. Morgan?
A form of business organization in which a business concentrates on controlling one specific part of an industry
What is horizontal integration?
Movement seeking reforms to address social, economic, and political problems
What is progressivism?
Which business tycoon dominated the oil/petroleum industry during the New Industrial Age?
Who is John D. Rockefeller?
During the 1880's what group of people began to find places in offices where they could use their education.
What is women?