Industrial Giants
Who made his money in the shipping industry and later the railroad?
Cornelius Vanderbilt
These people finance products and ideas
The average amount of hours people worked per week.
60
What is the name we give to industry giants "when we are mad at them" / when they do not contribute positively to society?
Robber Baron
This man created the first practical lightbulb and work on setting up electricity-generating stations.
Thomas Edison
Who made his money in the oil industry?
John D. Rockefeller
This is when one business controls an entire industry
What job did Andrew Carnegie have as a working class child?
Factory worker (in a mill)
This massive project connected Council Bluffs, IA to Sacramento, CA
The Transcontinental Railroad
Name one invention Edison made.
Who made his money in the steel industry?
Andrew Carnegie
This factory process was developed by Henry Ford.
The Moving Assembly Line
What job did Rockefeller have before getting into the Oil industry?
Produce Merchant
What is the name we give industry giants when they DO contribute positively to society?
This man invented the telephone.
Alexander Graham Bell
Who made his money in banking and buying businesses?
JP Morgan
A set of companies that are managed by a small group (Ex- Standard Oil)
Trust
What is the name of J.P. Morgan's job?
Financier (Banker)
What type of integration requires buying out all of your competition?
Horizontal
How many inventions did Edison have patents for?
1093
Who made his money in the car industry?
Henry Ford
This vocab word means "without morals."
Unscrupulous
What percentage of the Oil industry did Rockefeller own?
90%
What type of integration requires owning every step of the process in making your product?
Vertical
This new metal led to skyscrapers and longer bridges being built
Steel