Industrial Revolution Flashcards

1
Q

Andrew Carnegie

A

Owned a steel company and created a steel plant in pittsburg PA. He had verticle integration over the process of making steel.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

John D. Rockafeller

A

Known for oil. Put many companys out of business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

J.P. Morgan.

A

A big banker. Took over many businesses such as CArnegie steel and created US steel corp

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Henry Ford

A

Created his own car brand. Used the assembly line to create his cars

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

George Pullman

A

made sleeping cars, lavratories, and dining cars

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

George Westington

A

Made airbrake so one person can stop the train at once

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Cornelius Vanderbilt.

A

Railroads. Created Networks with rail roads.Created Time zones

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Terence Powderly

A

made union for skilled and unskilled workers from all sorts of life. Head of knights of labor union

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

verticle integration

A

controlling all aspects of the industry from raw materials to finished prducts such as iron mines, railroad,steamship lines,and warehouses.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Bessemer process

A

produced strong steel at a lower cost,this allowed steel to be more commonly used in items like nails,screws,needles,and skyscrapers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

consolidation

A

combining of like businesses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

standerized

A

everything is the same

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

network

A

linking of railroads

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

time zones

A

networks create the need for time zones

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

pools

A

companys come together to charge the same price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

rebates

A

discounts only for the best costumers

17
Q

effect of railroads on economy

A

helped grow the economy and made more jobs for people to have

18
Q

gospel of wealth

A

rich should give to the poor

19
Q

divedends

A

small portions of a companys profit

20
Q

trust

A

group of corparations

21
Q

free enterprise system

A

private induviduals own businsesses

22
Q

monoply

A

one seller owns all forms of business

23
Q

triangle fire

A

fire that killed many girls in the workplace. Made fire safety better

24
Q

pullman strike

A

resulted in violence

25
Q

robber barrons

A

negative term for businessmen

26
Q

captain of industry

A

positive term for businessmen

27
Q

anarchist

A

those who do not believe in standerized government

28
Q

capitalism

A

an economic and politcal system where in which a countries trade and industry are owned by private owners for profit

29
Q

social darwinism

A

the beleif that people became more powerful in society because they are innately better

30
Q

AFL

A

union created to try and get better working hours,wages,and conditions

31
Q

knights of labor

A

another labor union that wanted people to come together instead of forming different unions

32
Q

standard oil co

A

owned by rockafeller main oil provider

33
Q

stock

A

a share in a company

34
Q

philanthropist

A

someone who donates their time and money to a good cause

35
Q

assembly line

A

a line of conveyor belts to create things where each person had one jobto do as the items on the converybelt whent by

36
Q

mass production

A

to produce things in large amounts

37
Q

injunction

A

court order not to do something

38
Q
A