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American History 1: MWBA SG

Terms in this set (45)

Andrew Carnegie
led the steel expansion; became one of the richest men in American history.
Cornelius Vanderbilt
built his wealth in railroads and shipping; built New York Central Station
Nikola Tesla
Edison's work buddy- Made AC Electricity.
Thomas Edison
American inventor; first light bulb introduced electricity (DC)
Henry Ford
Created the first affordable car and the assembly line
J.P. Morgan
Powerful banker and financier. Invested in several companies.
John D. Rockefeller
Oil industry, first invested in kerosene
Tom Scott
First transcontinental railroad owner; President of Pennsylvania Railroad; Carnegie's mentor; business killed by Rockefeller
George Westinghouse
invested in Tesla electricity; pioneer of electrical industry.
Oil
Used in kerosene and gasoline; industry ran by John D. Rockefeller
Steel
Industry ran and made popular by Andrew Carnegy, used in most building projects
J. P. Morgan
Banker who buys out Carnegie Steel and renames it to U.S. Steel.; Was one of the "Robber barons"
Auto
...
Electricity
Large business; Tesla (AC) and Edison (DC) main people in business and direct competitors
Railroads
Major transport; also major business
The Gospel of Wealth
called on those who accumulated wealth to share their riches for the betterment of society
Assembly Line
In a factory, an arrangement where a product is moved from worker to worker, with each person performing a single task in the making of the product.
William Jennings Bryan
Democratic presidential candidate in 1896, advocated free silver
A/C
Tesla
Electric Chair
Edison made to get back at Tesla; ended in a brutal death
Standard Oil
Rockefeller's oil company which later became a monopoly because it produced and controlled most of the oil in the US.
Carnegie Steel
Steel company created by Andrew Carnegie. Produced the largest portion of the nation's steel
Theodore Roosevelt
26th President of the United States
General Electric (GE)
1889 - Edison General Electric Company
Henry Frick
Carnegie's partner in his steel; brutal business man
Carnegie Hall
concert hall built and owned by Andrew Carnegie
Johnstown
town that was flooded when the South Fork Dam broke.
Homestead Plant
A steel factory where Carnegie's workers went on strike due to poor working conditions
Pinkertons
killed the on-strike workers barricading the Homestead Plant
Monopoly
A market in which there are many buyers but only one seller.
Protege
one whose training or career is helped along by another
Steel was used for...?
Bridges, Skyscrapers, and Buildings,
Purchased "watered down" stock
Cornelius Vanderbilt
Entrepreneur
A person who starts up and takes on the risk of a business
Industrialization
The development of industries for the machine production of goods.
Refinery
A place where crude oil is converted into useful products
Commodore
Vanderbilt's nickname
Grand Central Station
Large train station in New York City built by Cornelius Vanderbilt
William McKinley
bought his presidency by Carnegie, Morgan, and Rockefeller so their industries wouldn't be shut down.
US Steel
company organized by J.P. Morgan
Panama Canal
Ship canal cut across the isthmus of Panama by United States; opened in 1915.
Worker Riots
When workers of a workplace with bad conditions decide to protest and refuse to work; homestead plant riot
Pipeline
used to transport oil across the country
Elephant
Walked over Carnegie bridge to show strength
Andrew Carnegie began to feel differently about his wealth that the other titans, what he did (especially later in life) decide to do with most of his wealth?
He donated a lot of money to help establish numerous colleges, schools, and nonprofit organizations.
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