A less expensive and easier way to make steel. It increased production and lowered the price of steel in the US dramatically. Allowed skyscrapers to be built.
The Captains of Industry

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History
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11th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Bessemer Process
2.
FLASHCARD QUESTION
Front
The total or complete control of a service, product or industry that prevents competition
Back
Monopoly
3.
FLASHCARD QUESTION
Front
A monopoly is the total or complete control of a service, product or industry that prevents ________________.
Back
Competition
4.
FLASHCARD QUESTION
Front
The Gospel of Wealth was written by this successful businessman who owned a large steel corporation.
Back
Andrew Carnegie
5.
FLASHCARD QUESTION
Front
Carnegie's "Gospel of Wealth" encourages the wealthy to
Back
donate to charities to improve the community
6.
FLASHCARD QUESTION
Front
These were the men who held very large and extensive corporations within their hands, they even had some control over the governmental processes.
Back
Robber Barons
7.
FLASHCARD QUESTION
Front
___________ refers to the Gilded Age belief that only the strong should survive and are better than the weak in society.
Back
Social Darwinism
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