Industrialization Day 1
Who filed the patent for the electrical telegraph?
Samuel Morse
In what business did Andrew Carnegie make most of his money?
steel
What is Laissez-Faire economics?
government keeps their hands off business activities
What was the demographic shift that we saw in immigration after the civil war?
shifted from north western Europeans to south eastern Europeans, more Catholics
Name two ways the steam engine would end up being used:
Ships, trains, factories
Who gets credit for having invented the steam engine?
James Watt
What did Andrew Carnegie believe the wealthy should do with their fortunes?
Give them away
What is a monopoly?
One company controls the whole industry and can set prices
What was the island and processing center where immigrants arrived in the East?
Ellis Island
What effect did the spinning jenny have on the price of clothes?
It made them more affordable
Who invented the cotton gin?
Eli Whitney
What was the name of John D Rockefeller's business/monopoly?
Standard Oil
This is the movement of people from the country to the city
What was the island and processing center where immigrants arrived in the west?
Angel Island
What was considered one positive to urbanization?
It required cities to improve infrastructure
What did the spinning jenny allow people to do?
A single worker could spin 8 threads at once
In what industry did Cornelius Vanderbilt thrive in?
Railroads
What was the government's response to monopolies?
Passed the Sherman Anti-Trust Act
What was one example of Nativism that we saw in the US?
scientific racism, labor unions barred them, anti-immigrant groups and political parties
To which city did Andrew Carnegie immigrate?
Pittsburgh
Name one way that the bessemer converter changed the world
skyscrapers, stronger railroads, better bridges
he bailed out the treasury
What is the difference between horizontal and vertical integration?
Horizontal-buy up competitors, Vertical buy up the whole production process
Name one example of a nativist law:
The Chinese Exclusion Act
What were the two railroad companies that came together to complete the transcontinental railroad?
Union Pacific and Central Pacific