True or False
In 1882, an average of 500 workers were killed PER WEEK on the job
False, it was 675 PER WEEK
What company did Andrew Carnegie start?
Carnegie Steel Corporation
What year was the typewriter invented?
1867
Vertical Integration
Buying out all suppliers
Pauline Newman was nicknamed "Mother Jones"
False- Mary Harris Jones was nicknamed ¨Mother Jones¨
What did Sherman Antitrust Act do?
Sherman Antitrust Act made it illegal to form a monopoly.
What year was the telephone invented?
1876
What is Horizontal Integration?
Buying out companies that produce similar products
AFL had over 2 million members in 1914
True
Was it easy to stop companies from forminga monopoly underthe Sherman Anti-trust Act?
No- the Supreme Court "threw out" seven out of eight cases
What year did the Civil War end?
1865
Laissez-faire
Hands off- government did not interfere in business
Workers had good conditions before labor unions
Which Titan specialized primarily in oil?
Rockefeller
What year did Roosevelt become president?
1933
Protective tariff
Goods made in other countries cost more than locally produced goods
JP Morgan invented the telephone
False- Alexander Graham Bell invented the telephone
Which Titan specialized primarily in automobiles?
Ford
What year was the Sherman antitrust act formed?
1890
What are the four factors of Industrialization
1. Natural Resources
2. Governmental Supply
3. New Technology
4. Expansion of the Railroad