Second Industrial Revolution Vocabulary

Era of the law 1800s in which there was much corruption and the working class was living in poverty, but was hidden by the fortunes of a few

Gilded Age

A scottish-born American Industrialist and philanthropist who founded the Carnegie steel company in 1892

Monopolized the steel industry

Andrew Carnegie

An American industrialist philanthropist, founder of the standard oil company, which dominated the oil industry and was the first great U.S. business trust

John D. Rockefeller

Provided financial backing for nearly 20% of America’s railroads and was critical to the formation of the electrical and steel indutries

J.P. Morgan

After dropping out of school to begin work on a ferry at age 11, Vanderbilt become one of America’s most well-known industrialist and eventually created the country’s first railroada empire

Cornelius Vanderbilt