What is a Robber-Baron?
A person that has become rich through ruthless and unethical business practices
True or False- Big Business dominated the economy in the late 1800s
True
Who invented the lightbulb?
Thomas Edison
What is another name for business owner
Entrepreneur
What is a person who gives away their money to charities.
A Philantropist
Who is this? (Standard Oil)
John D. Rockefeller
What is vertical integration?
Buying out raw material producers and distributors.
Who invented the Model T car?
Henry Ford
Where 146 women burned to death... :( (not a party)
Triangle Shirtwaist Factory
What are three (3) inventions from the late 1800s?
Winchester Repeating Rifle, Phonograph, Sewing machine,Telegraph, Telephone, Steam Train, Electricity/Light bulb, Photography, Typewriter, Barbed wire.
Who is this? (Steel)
Andrew Carnegie
What is horizontal integration?
Merging companies producing similar products.
What were the names of the brothers that flew the first plane?
Orville and Wilbur Wright
Believed Communism would eventually win against Capitalism
Karl Marx
What is one way industrialization affected agriculture?
It became more mechanized and able to produce better results.
Who is this? (Railroad)
Cornelius Vanderbuilt
What is the approach called where the government takes a “hands-off” approach to business?
Laissez-Faire
Who invented the telephone?
Alexander Graham Bell
Woman who advocated for child labor to end.
Mother Jones
What country did the Industrial Revolution start in?
Great Britain
Who is this? (Banking/Financier)
J.P. Morgan
What is social darwinism?
Belief that the wealthy have the right to control society.
Where the world’s 1st research lab was
Menlo Park
Believed in socialism
Eugene V. Debs
What did Social Darwinism discourage?
Government Regulation