US History 2: Chapter 18 Flashcards Preview

US History 2 > US History 2: Chapter 18 > Flashcards

Flashcards in US History 2: Chapter 18 Deck (11):
1

JP Morgan

The biggest banker during the time and had more money than the US government

2

What 19th century areas saw a revolution?

Transportation (railroads and steamboats) and communication (telegraph)

3

How did railroads transform American life?

They ended rural isolation, allowed regional economic specialization, made mass production and consumption possible, lead to organization of modern corporation, and stimulated other industries

4

John D. Rockefeller

Organized Standard Oil Company of Ohio

5

Vertical Integration

A type of organization in which a single company owns and controls the entire process from obtaining raw materials to manufacturers and sale of the finished product

6

What were the benefits of rapid growth?

There was a rise in national wealth and power and improved standard of living

7

Who is "The Commodore"?

Cornelius Vanderbilt

8

Cornelius Vanderbilt

The owner of the New York Central Railroad

9

Which group received the most government subsidies during Westward expansion?

Railroad companies

10

Why is the "Wizard of Menlo Park" important?

Led innovation through inventions that changed how people lived

11

Who promoted Westward expansion onto the Great Plains?

Explorers and mapmakers who presented this territory as desirable land to cultivate