Industry Titans
Scottish immigrant known as "The King of Steel"
Andrew Carnigee
Town wiped out due to a flood caused by a weak dam at the South Fork lake
Johnstown
Thomas Edison
A share of ownership in a business or corporation
Stock
A strong metal alloy made by mixing iron with a small amount of carbon, the prefered metal of the 2nd industrial revolution
Steel
Devout Baptist and the Founder of Standard Oil
John D Rockefeller
Animal used to prove the strength of the Eads bridge
Elephant
Inventor of the telephone
Alexander Graham Bell
An official legal right given by a government that stops other people from making, using, or selling an invention for a set time
Patent
Chairman of Carnegie Steel known for his ruthless business tactics
Henry Frick
Wealthy financier and owner of a transatlantic bank who made large profits for financing many industries
JP Morgan
Violent industrial lockout and strike at the Carnegie Steel Works in Pittsburgh, Pennsylvania
Homestead Strike
Inventor of the Elevator
Elisha Otis
An economic system where private individuals and businesses own and control the means of production for profit
Capitalism
This petroleum-based fuel became widely used for lighting during the Second Industrial Revolution, replacing many candles and whale-oil lamps.
Kerosene
This man became very wealthy by consolidating railroads
Cornelius Vanderbilt
A severe international economic crisis that triggered a years-long depression in Europe and North America due to massive over-investing in railway construction,
Panic of 1873
Assistant of Thomas Edison who later became a well known inventor himself
Nikola Tesla
A market structure where a single company or seller is the sole supplier of a specific good or service
Monopoly
Club that was blamed for weakening a dam that lead to the Johnstown flood
South Fork Fishing and Hunting Club
Industry Titan who became well known for being the first to mass produce cars using an assembly line
Henry Ford
Fake construction company created by executives of the Union Pacific Railroad Company to pocket large profits using over inflated rates
Credit Mobiler
Inventor of Alternating Current Electricty
George Westinghouse
The ongoing, day-to-day expenses a business incurs to maintain its core operations and generate revenue
Operating Costs
Removing carbon impurities from molten iron by blasting it with pressurized hot air
Bessemer Process