Show:
Rockefeller &
Carnegie
Vocabulary
Railroads
Industry &
Unions
Inventions
100
He ran an oil company.
Who is John D. Rockefeller
100
A person who buys stock in a company
Who is a shareholder
100
Railroads helped the _________ grow
What is economy
100
What are the factors of production
What is land, labor and capital.
100
The telegraph was like what invention today
What is a telephone
200
He ran a steel plant.
Who is Andrew Carnegie
200
An organization of people with the same skills
What is a trade union
200
Trains carried these two things as cargo to be sold
What is manufactured goods and produce
200
A person who is a business owner, evil and rich
Who is a robber baron
200
Who were the first people to buy telephones
Who are businesses.
300
He used horizontal integration to create a monopoly
Who is John D. Rockefeller
300
Business men that had power and controlled the railroads
Who are railroad barons
300
Railroads helped the timber and coal industries because...
Wood was used for railway ties and coal was used as fuel
300
In the 1900s what percent of goods were made in the U.S.
What is 50-60%
300
Thomas Edison's most important invention was
What is the lightbulb
400
Carnegie used this kind of integration
What is vertical integration
400
Companies that are legally together
What is a trust
400
These four improvements helped in the development of trains
What are air brakes, couplers, refrigerator cars and sleeping cars
400
This organization is the group of many unions together
What is the American Federation of Labor (AFL)
400
The assembly line was first used on this item
What is the Car
500
These two things made Rockefeller and Carnegie famous
What is money and philanthropy
500
Total control of one type of business buy one person
What is a monopoly
500
Why did trains gave rebates
To put smaller companies out of business
500
Why did women have to create their own unions
The other unions would not let them in