Important People and Their Inventions
Which business leader was known for using vertical integration in the steel industry?
Who is Andrew Carnegie
This movement wanted railroad companies regulated
The Grange Movement
What process made steel production faster and more affordable?
The Bessemer Process
What philosophy believes only the strongest businesses survive?
Social Darwinism
Who successfully used a steam engine to drill for oil, beginning the oil boom?
Who is Edwin Drake
law aimed to prevent monopolies is....
The Sherman Antitrust Act
What was a major use of steel in the late 1800s?
Railroads Tracks and Skyscrapers
What caused the Pullman Strike?
Wage cuts and high rents
Labor organizer and child labor reformer also known as "Mother"
Who was Mary Harris "Mother" Jones
A group of companies managed by one board is called
A Trust
What effect did electricity have on factories?
Allowed factories to mov e away from rivers
What was the Haymarket Affair?
Large and violent Labor Protest
Who invented the telephone?
Who was Alexander Graham Bell
buying out competitors to gain market control is called
Horizontal Integration
What effect did electricity have on factories?
Connected markets across the country
What happened during the Great Strike of 1877?
Railroad workers protested nationwide
What was Mary Harris “Mother” Jones known for
Labor organizer and child labor reformer
Controlling all steps of production is called
Vertical Integration
What was a negative effect of railroad expansion?
Worker Discrimination
What was a result of the Homestead Strike?
The strike was crushed violently