Industrial Leaders
This man brought the Bessemer Process to the United States. It is the process he used to make more efficient steel plants.
Who is Andrew Carnegie?
He invented the sewing machine?
Who is Issac Singer?
This act incentivized people to build the Transcontinental Railroad.
What is the Pacific Railway Act?
The FDIC
The nickname for Great Depression era shanty towns.
What are Hoovervilles?
Jay Gould was not a fan of this man, because he undercut his rail business. However Gould shouldn't feel bad, this man had been undercutting competition since his steamboat days.
Who is Cornelius Vanderbilt?
He invented the alternate current (AC).
Who is Nicola Tesla?
This act cut federal taxes on millionaires by two-thirds.
What is the Revenue Act of 1926?
FDR's "Three R's"
What are Relief, Recovery, and Reform?
The name for when banks are required by the government to close, this was ordered by FDR in the Emergency Banking Act of 1933.
What is a bank holiday?
This man's company, Standard Oil, quickly attracted attention after the Sherman Antitrust Act of 1890 passed.
Who is John D. Rockefeller?
He invented the alkaline battery.
Who is Thomas Edison?
This act created the FDIC to insure bank deposits, but the section requiring the separation commercial and investment banks was repealed.
What is the Glass-Steagall Act of 1933?
The DJIA
What is the Dow Jones Industrial Average?
This man invented the air breaks and had some interesting facial hair.
Who is George Westinghouse?
He invented Dr. Pepper in 1885.
Robert Lazenby
This act made price discrimination illegal, required railroad rates to be publicly posted, created the IIC, and required lines to have "reasonable and just" rates.
What is the Interstate Commerce Act (1887)?
SEC
The organization was founded to control monetary policy, by raising the borrowing rates for 3.5% to 5%, this organization likely caused the Great Depression.
What is the Federal Reserve?
While Vander-built from the east this man began building the Transcontinental Railroad from the west.
Who is Leland Stanford?
He invented the typewriter.
Who is Christopher Scholes?
This acts required investors to give complete and accurate information in the sale of securities.
What is the Securities Act of 1933?
The AFL
The American Federation of Labor
The nickname for October 29, 1929, when the New York Stock Market collapsed.
What was Black Tuesday?