Key Industrialists
Who founded the Standard Oil Company?
John D. Rockefeller
What invention by Alexander Graham Bell revolutionized communication?
Telephone
What did workers start joining to pressure companies for better working conditions and pay?
Labor Unions
What was the first transcontinental railroad connected at?
Promontory Summit, Utah
What is the economic system where businesses are privately owned?
Capitalism
Who was the person who was a poor immigrant and later founded his own steel company?
What is the name of the system used by the telegraph to communicate?
Morse Code
Who was the leader of the Knights of Labor?
Terence V. Powderly
Which businessman designed and built sleeper cars for long-distance travel?
George Pullman
What does the term "Laissez-faire" mean?
A "hands-off" approach to the economy with no government interference
What nickname was given to big businessmen like Rockefeller and Carnegie by their critics?
Robber Barons
Which invention led to the creation of time zones?
Railroads
What event in 1911 highlighted the need for improved factory safety standards?
The Triangle Shirtwaist Factory Fire
Name three new methods of transportation made during the Industrial Revolution.
Streetcars, Automobiles, and Subways
What is a business with the legal status of an individual that is owned by people who buy stocks in the company?
Corporation
Which businessman invested heavily in railroads and became very wealthy?
Cornelius Vanderbilt
Where did the Wright Brothers first successfully fly their airplane?
Kitty Hawk, North Carolina
What was the main tactic used by the Knights of Labor to achieve their goals?
Boycotts and Strikes
Which sport in 1892 was invented by James Naismith?
Basketball
What economic philosophy suggests that stronger businesses will prosper while weaker ones will fail?
Social Darwinism
Who was the financier and banker who dominated corporate finance and reorganized many bankrupt railroads?
Who invented the first practical typewriter?
Christopher Latham Sholes
What term was used for workers who refused to join unions?
Scabs
Which act enabled the government to hand out large pieces of land out west for a fraction of the price?
Morrill Tariff
What is a monopoly?
A situation in which a single company or individual owns all or nearly all of the market for a given type of product or service