Domain 3
Flashcard
•
History
•
9th - 12th Grade
•
Hard
Wayground Content
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41 questions
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1.
FLASHCARD QUESTION
Front
What was the significance of the Railroad boom right after the Civil War?
Back
Steel and oil industries boomed as a result of the Railroad Industry
2.
FLASHCARD QUESTION
Front
What was the significance of John D. Rockefeller?
Back
Founder of Standard Oil Company, later gains a monopoly on U.S. production of Oil.
3.
FLASHCARD QUESTION
Front
What was the significance of Andrew Carnegie?
Back
Uses vertical integration to form monopolies, buying all parts of the production of steel
4.
FLASHCARD QUESTION
Front
How did Rockefeller and Carnegie impact American industry?
Back
Both led to the growth of monopolies and trusts in American business.
5.
FLASHCARD QUESTION
Front
Define: Monopoly
Back
A single company that controlled virtually all of the production and distribution of a product.
6.
FLASHCARD QUESTION
Front
Define: Trust
Back
Management and control of the member corporations are combined in a single board of trustees
7.
FLASHCARD QUESTION
Front
What three inventions improved American Infrastructure during the Industrial era? Options: Steel plow, barbed wire, and mechanical reaper; The Telegraph, telephone, and electric light bulb
Back
The Telegraph, telephone, and electric light bulb
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