Ch.14 Flashcards
Factors in the US for the Industrial Age
Wealth and Natural Resources Government Support of Business Growing Urban Population Cheap Labor Market for New Products
Used a steam engine to drill for oil in Titusville, Pennsylvania
Edwin Drake
British inventor that came up with a new way to make steel
Henry Bessemmer
American who discovered a way to produce higher quality steel in a less expensive manner
William Kelly
Began building the Brooklyn Bridge
John Roebling
Why was william jenny able to build skyscrapers
the use of steel beams allowed great structural integrate and support
Created the first research labratory
Thomas Edison
Invented the air brake
George Westinghouse
invented the type writer
christopher sholes
invented the adding machine
William buroughs
Tellaphone and xray machone
Alexander Graham Bell
the golden spike was driven in the ground here to mark completetions of first continental railrods
Promontory Point, Utah
created the 24 time zones around the world
C.F Dowd
4 time zones
Eastern, Central, Mountain, and Pacific
Built luxury train cars and built his own factory town for his workers
George Pullman
Interstate Commerce Act 1887
1886 the supreme court ruled that a state could not set rates on interstate commerce
- this act reestablished the right of the federal government to supervise railroad activities
- also established the interstate commerce commissions-5 members- to supervise them
- ICC had difficulty regulating RR rates
- It gained power in 1906 under President Theodore Roosevelt
buy out suppliers
vertical Integreation
Buy out competing steel companies
Horizontal Integration
origin of specie
written by charles darwin
- explained the process of “natural selection
- weeded the less-suited individuals and those able to best adapt survived
Applied the theory of evolution to human society
Herbert Spencer
Purchased Andrew Carnegies steel mill
J.P Morgan
helped found the university of chicago (philanthropists)
John D. Rockefellar
John D. rockefellar
- built the standard oil company
- he controlled 90% of the oil refining business
- Drove his competitors out of business by undercutting their price and then raising the price beyond the original level
- paid his employees very low wages
Rockefellar FOundation
gave away over 500 mil
university of chicago
medical institutes- helped find cure for yellow fever