Captains of Industry
What is the term called for when a company owns and produces the most of a certain industry?
What is a monopoly?
They built monopolies in industries like steel and oil, usually at the expense of their workers by using methods such as low wages, union busting, and political corruption.
Who were "Robber Barrons"?
These were formed to improve harsh working conditions, low wages, and long hours caused by increasing industrialization
What is a Labor Union?
The significant advancements in machines and industrial processes during the 2nd Industrial Revolution.
What is technology?
What was the name of the island that is located near New York Harbor and was the primary immigration processing center for European Immigrants?
What was Ellis Island?
What was the name of one of if not the most powerful bankers of his era that financed railroads and helped organize US steel and other major corporations?
Who is JP Morgan?
A production method where a product moved through a series of workstations, with workers performing specific, repetitive tasks at each station
What is an assembly line?
What was the name of the strike that took place in the Carnegie Steel plant because of the cut in wages?
What was the Homestead Strike?
Areas where many people live and work, resulting in very dense development
What is Urban?
Place where workers endured long hours, extremely low wages, and dangerous, unsanitary conditions
What is a sweatshop?
This Captain of Industry was known as the Commodore because of his ties to the shipping industry.
Who is Cornelius Vanderbilt?
What was the act that was designed to prevent and regulate monopolistic practices to promote fair competition within businesses
What was the Sherman Antitrust Act?
What was the name of the strike that happened at Pullman Palace Car Co. because of the 25% cut in wages for the workers?
What was the Pullman Strike?
What is the name of the process in which an increasing percentage of the countries population becomes concentrated in urban areas, such as cities and towns?
A run-down and often overcrowded apartment house, especially in a poor section of a large city.
What is tenement?
This Captain of Industry dominated the oil industry by lowering costs and squeezing out his competitors.
Who was John D. Rockefeller?
What is the name of the process known for revolutionizing the steel industry during the Industrial Revolution by reducing the cost and time required to produce steel?
What is the Bessemer Process?
Vanderbilt built this famous train depot in NYC to service the New York Central & Hudson River, New York and Harlem Railroad.
What is Grand Central Station?
A businessperson who owns or manages large industrial enterprises, especially during the late 19th and early 20th centuries
What is an industrialist?
The process of adopting the language and culture of a dominant social group or nation.
What is Assimilation?
This Captain of Industry spent much of his fortune on establishing over 2,500 public libraries as well as supporting institutions of higher learning.
Who is Andrew Carnegie?
What was the name of the time (age) when Captains of industry ruled America?
What was the Gilded Age?
This steel was crucial to the rise of NYC skyscrapers because it made structural steel affordable through mass production and low-cost practices.
What is Carnegie Steel?
These grew because industrial factories required large workforces and workers and their families needed places to live near their jobs.
What are cities or urban areas?
People who move to a new country seeking economic opportunity, religious freedom, and a new life.
Who are immigrants?