Big Business

Front

What fueled the growth of the steel industry after the Civil War?

Back

railroads

Front

This process enabled steelmakers to produce strong steel at lower costs.

Back

Bessemer Process

Front

Andrew Carnegie controlled all aspects of the steel industry from raw materials to finish.

Back

Vertical Integration

Front

A business owned by investors is called a:

Back

corporation

Front

This banker developed the U.S. Steel Company and became the 1st businessman to earn $1 billion.

Back

J. Pierpont Morgan

Front

Alexander Graham Bell invented the first:

Back

telephone

Front

This inventor was famous for inventing the assembly line.

Back

Henry Ford

Front

His invention factory produced inventions like the light bulb and phonograph.

Back

Thomas Edison

Front

These brothers tested their 1st flight machine on Dec. 17, 1903 in Kitty Hawk, NC

Back

Orville & Wilbur Wright

Front

The concept of controlling all or nearly all the business of an industry.

Back

monopoly