Who is the inventor of the light bulb?
Who is Thomas Edison
First railroad to connect Eastern US to Western US, spanned the whole continent.
Transcontinental Railroad
John D Rockefeller used what type of integration to build Standard Oil?
Horizontal Integration
This was the first national labor union created in the United States.
National Labor Union
Name two industries covered in module 3.
Oil, Steel, Railroads
Who is the inventor of the telephone?
Alexander Graham Bell
Give one reason for why railroads unified the nation.
connected communities, created a national market, westward expansion, faster travel, etc.
Business without government intervention
Laissez-Faire
Write one achievement of labor unions that we still see today.
Child labor laws, minimum wage, shorter work week, benefits, equal pay
This robber baron made his fortune in the railroad industry.
Cornelius Vanderbilt
Name three things steel was used for.
Railroads, bridges, farm tools, buildings
When a construction company charged the government 2-3x the cost when building the Transcontinental Railroad, bribed congress members.
Credit Mobilier Scandal
Where a company takes over its suppliers and distributors, controlling the quality and cost
Vertical Integration
When a small number of Union representatives negotiate with management on behalf of all the workers.
Collective Bargaining
This robber baron made his fortune in the oil industry.
John D. Rockefeller
Inventor of the typewriter
Christopher Sholes
Two reasons farmers did not like Railroads.
Sold railroad land to businesses, high prices, charged different amounts
Illegal to form trusts that interfered with free trade.
Sherman Antitrust Act
Why did workers join unions? (two reasons)
Better wages, better working conditions
This robber baron made his fortune in the steel industry.
Andrew Carnegie
Give two reasons why America was successful at industrialization.
Abundance of resources, Government Support for businesses and inventions, large workforce, growing City populations
This process provided a cheaper, useful way to turn iron into steel.
Bessemer Process.
Only the survival of the fittest was good for society
Social Darwinism
List three demands of labor unions
8 hr work day, shorter work week, ending child labor, safer conditions, higher wages, equal pay
When a company/person has complete control over a certain industry, can control prices, make low quality products, and bankrupt small businesses.
Monopoly