Unit 1 Review
This invention helped settle the West
Railroads
Term used to describe the second increase of inventions
Second Industrial Revolution
Term used to describe shady business men
Robber Barrons
Invention that helped small farmers
steel plow
In charge of oil industry
Rockefeller
Term used to describe obtaining competitors in business. Rockefeller used this.
Horizontal integration
Invention that led to big crop production
Mechanical reaper
Invention that created steel industry
Bessemer Process
Formed by workers to demand rights.
Labor unions
Granted land for creation of agriculture universities
Morrill Land Grant
Term used to describe a big business that dominates production or service
Monopoly
Book wrote by Carnegie to give advice to how to be successful.
The gospel of wealth
Equivalent of Homestead Act for Native Americans, led to their decline.
Dawes Act
Process for controlling all means of production
Vertical Intergration
Term used to justify the extreme wealth that business men obtained. Survival of the fittest.
social darwinism