Key Historical Concepts and Figures

Front

Bessemer process

Back

Steel production method; used to build sky scrappers, train etc.

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Thomas Edison

Back

Inventor of the light bulb

Front

Transcontinental Railroad

Back

Created a National Market; made traveling easier. Connected the east and west.

Front

Alexander Bell

Back

Invented the telephone

Front

Free Enterprise System

Back

Economic system with minimal government intervention; YOU have the choice and freedom to sell, work and buy what you want.

Front

Robber Barron

Back

used ruthless tactics to destroy completion and keep worker wages low

Front

National Market

Back

 linked goods and services through technology and transportation making commerce more affordable  

Front

Corporation

Back

Company owned by shareholders

Front

Captain of Industry

Back

businessmen known for their positive contributions to the modern industrial economy

Front

Andrew Carnegie

Back

Steel businessman and philanthropist who donated large sums of money to education