how did Henry Ford succeed in getting an automobile patent
he won a car race against ALAM (Association of Licensed Automobile Manufacturers)
who are the robberbarrens
J.P. Morgan, J.D. Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt
what did the common people sell to make money
newspapers
what is individualism
thinking about yourself
who ran in the 1896 Presidential Election
William Jennings Bryan (Democratic) and William McKinley (Republican)
who protected their empires by helping William McKinley
the titans/the robberbarrens
what were boys taught to do
take risks, be bold, play sports
what is social darwinism
the superior rises to the top, be independent, build your own business
who became the vice president in 1901, and who was already president at the time
Theodore Roosevelt (Republican), William McKinley
J.P. Morgan
where did time zones come from
the railroad
what is laissez-faire
being the star of your business, fewer laws, no regulation
who did Roosevelt hurt during his presidency?
J.P. Morgan (by suing him) and Rockefeller (issuing a subpoena because he owned four Cleveland refineries and bought the other 22 in a four-month period by driving them out of business in 1872)
Rockefeller beat Carnegie by buying a Minnesota mine that Carnegie didn't want and selling iron from it to his customers
what were the two types of business integration
vertical integration and horizontal integration
what are vertical integration vs horizontal integration of businesses
when a firm is engaged in different parts of production; many firms handle the same part of the production process
what were Walter Rauschenbusch, Henry James, and "Big" Bill Haywood known for
feeling you should judge a society by how all of their members live; thinking he knew what women's places should be, "if mine owners let mine workers die, there has to be a response"
what case was Rockefeller involved in 1911 and why
United States vs. Rockefeller Standard Oil Co.; the government wanted to destroy his company just like Roosevelt did to J.P. Morgan
what was in the lifecycle of the wealthy's small world
what are open stores vs. closed stores? give an example of each
stores open all the time, even to people of no experience (Knights of Labor); stores already want trained workers (American Federation of Labor)