Captains of Industry
This Captain of Industry liked trains.
Who was Vanderbilt?
Morse code was used in this invention.
What is the telegraph or telegram?
Land, labor, and capital
What are the three factors of production?
He gave money to establish the University of Chicago.
Who is John D. Rockefeller?
Combining companies is called
What is consolidation?
He made a car that many people could afford.
Who was Henry Ford?
They invented the first gas powered airplane.
Who is Wilbur and Orville Wright?
Natural resources are found in this factor of production
What is land?
He gave money for libraries to be built across the country.
Who is Andrew Carnegie?
powerful businessman who controlled a major railroad
What are railroad barons?
He formed a monopoly by getting rid of his competition.
Who is John D. Rockefeller?
His famous invention was the lightbulb.
Who is Thomas Edison?
The people who do work in the factory
What is labor?
This university got its name from the money he gave them.
What is Vanderbilt University?
rebate means
What is a discount?
He used the Bessemer process to make his fortune
Who is Andrew Carnegie?
His invention allowed people to talk to others.
What is the telephone?
This is where the factory or business is located.
What is land?
This philanthropist was interested in medical research.
Who was John D. Rockefeller?
first affordable car built by Henry Ford
What is the Model T?
He is known for creating the assemble line.
Who is Henry Ford?
This makes trains safer.
What are air brakes?
The materials, tools, machines, that are use to make the products.
What is capital?
He gave money to build a concert hall in New York City.
What is Carnegie Hall?
factory method in which work moves past stationary workers who perform a single task
What is the assembly line?