Industrial Revolution (after Civil War)

Cornelius Vanderbilt

Cornelius Vanderbilt

________ had so much power and money that he wasnt scared of the law.

Thomas Alva Edison

________ invented the phonograph, mimeograph, Dictaphone in a lightbulb in 1879.

Congress

________ passed the interstate commerce act in 1887 which prohibited rebates and pools and required railroads to publish the rates openly.

Alexander Graham Bell

________ invented the telephone which created a whole new communications network.

internal combustion

Gas burning ________ engine was better than steam and electricity.

Wage reductions

________ in 1877 set off strikes on railroads.

Rockefeller

________ used horizontal integration, ally with competitors to monopolize the market.

Morgan

________ made a reputation for himself through his Wall Street banking house by financing to re- organization of railroads, insurance companies and banks.

Central pacific railroad

________ started building in California.

Dependence

________ on wages came with vulnerability of the swings in the economy.

Railroad

________ bribed judges and legislatures and elected their own people to office.

Size of Americas market

________ encourages innovators to invent mass production methods.

Cost of living

________ was incentive to unionization.

Steel

________ making for railroads was an example of heavy industry which concentrated on making capital goods not consumer goods.

Social Darwinist

________ argue that individuals wonder stations in life by competing on the basis of their natural talents.

Civil War

________ created fortune to the sale of goods during the time of emergency.

Jay Gould

________ busted the stocks of the Erie, Kansas specific, union pacific, Texas and pacific railroads.

1850s

________ Bessemer process was a method of making cheap steel.

labor unions

It was used to curb ________ or combinations that were deemed to be restraining trade.

Great Northern

________ was from Duluth to Seattle and was created by James J Hill one of the greatest railroad builders.

palace cars

Pullman ________ began to carry well- healed Travelers in the 1860s.

Northern textiles

________ started building mills in the south in response to tax benefits and cheap non- unionized labor.

Carnegie

________ dedicated the rest of his life to giving money to libraries, pensions for professors and philanthropic purposes out of fear that he would die disgraced with so much wealth.

Railroad promoters

________ inflated their claims of a lines assets in profitability and sell stocks and bonds higher than its actual value.

Standard gauge of track width

________ eliminated the expense and inconvenience of numerous changes from one line to another.

Congress

________ created the Sherman antitrust act of 1890.

Steel

________ used to be rare and expensive so it was only used for cutlery and iron was used for railroad /bridges.

Railroads

________ withheld all land from other users until they determine the location of tracks and decided which sections were the choicest sections.