This was the name given for people who became rich for doing ruthless and unethical business practices. Did not pay workers well, only cared about themselves.
Robber Barons / Industrial Capitalists
What were the two companies J.P. Morgan helped establish?
U.S. Steel and General Electric
Who invented the Telephone?
Alexander Graham Bell
What group of people were being overworked in dangerous conditions, that is illegal now?
Children
Whose idea did Andrew Carnegie use to create his product?
Henry Bessemer
J.P. Morgan was the country's leading _________.
Banker
What made the AFL labor union different than other labor unions?
They used strikes as a last resort. They tried to use collective bargaining and talking first.
What did George Washington Carver teach farmers to do?
Rotate crops
A refusal to work organized by a body of employees as a group of protest.
Strike
The unequal distribution of money across a group of people.
Economic Disparity
Cornelius Vanderbilt was known for growing his empire in the ______ and ________ industries.
Railroad; Shipping
What were the dominant industries during the Gilded Age?
Steel, railroads, coal, oil
What was the name of Henry Ford's most popular car?
Model T
Who did labor unions represent?
WORKERS
Who created over 300 different products out of sweet potatoes and peanuts?
George Washington Carver
What was John D. Rockefeller known for?
Standard Oil Company; Responsible for 90% of all U.S. Oil
Henry Ford is well known for using what production method in his factories?
Assembly Lines
Name 3 of Thomas Edison's inventions.
light bulb, phonograph, moving picture camera, electric generating system
What were 2 things that labor unions fought for?
Workers rights, collective bargaining, 8 hour work day, higher pay, safer working conditions
What was a common word used to describe industrial capitalists / Robber Barons?
Greedy
What was Andrew Carnegie known for? What were his products used for?
Carnegie Steel Company; railroads, bridges, skyscrapers, construction, etc.
What are the 3 ways Cornelius Vanderbilt helped the railroad/shipping systems?
Reduced Costs, Improved Efficiency, Reduced Shipping Times
Why was Henry Ford different than other Industrial Capalists?
He would rather sell more cars at a lower price, and make less money himself
What was the name of the Labor Union that changed the standards for working conditions?
AFL - American Federation of Labor
What does the term "Gilded Age" mean?
A time of U.S. growth. Looked good from the outside, but was very corrupt underneath.