A
Bessemer process and Elevators (also shrinking space in cities
What was adopted between 1893 and 1908 for water in cities?
Chlorination and Filtration
Who made the lightbulb commercially usable?
Thomas Edison
What is a Robber Barron?
They swindle the poor and do whatever it takes to get ahead
What is the significance of the Interstate commerce commision?
First govt. regulation of an industry
A way to make steel cheaper faster and stronger
Was sanitation a problem in the time of industrialization? (Yes or No)
YES
What is a corporartion?
Group ownership of a company
Who were the "Captains of Industry"?
Rockefeller, Carnegie, J.P. Morgan, Vanderbilt
What is a trust?
Group of companies that give control of their stock to a board of trustees that all companies.
Who invented the elevator?
Elisha Otis
Who Invented the telegraph?
Samuel Morse
What is a monopoly?
When a company has complete control over a product
Define Social Darwanism
Strongest buisness would succeed and the weakest would fail
Sherman Antitrust Act
Passed to outlaw any trust that restricted trade or commerce
What form of transportation began to rise that linked neighborhoods with central business centers and was more economical than subways
Streetcar/trolley
What was the dash dot method of encryption called that was used on the telegraph?
Morse Code
What is a cartel?
When several businesses join forces to eliminate the competition.
Explain the "Gospel of Wealth" and who founded it
Carnegie- People with wealth had an obligation to help people less fortunate
Explain a company town
Town made by the company that housed its workers, had a store that kept workers in debt
What type of bridge started to be built? (Brooklyn Bridge)
Suspension Bridge
How many Patents did Thomas Edison hold?
Explain what horizontal integration is and who practiced it.
Controlling what other businesses produce and sell. John D. Rockefeller
Define Laissez Faire
Govt. Staying out of business and economy
Explain a Labor union
Group of employees that work together for better treatment in the workplace.