2023 Industrialization Review #1

Front

How did Railroads impact the economy during the late 1800's -1900's?

Back

Moved raw materials (steel, lumber, coal) to factories

Front

Why was steel so important? What was it used for?

Back

Strong. Used for bridges, railways, nails, & skyscrapers

Front

Describe JP Morgan

Back

Powerful banker & art collector

Front

Define a monopoly.

Back

A company controls all or most of businesses in an industry.

Front

Describe John D. Rockefeller.

Back

Owned Standard Oil Company

Front

Why was Thomas Edison known as an important person?

Back

Great Inventor - improved electric light

Front

What were some problems that the people in factories encountered?

Back

Low wages, long hours, dangerous conditions

Front

How did Andrew Carnegie make his money? Options: Oil, Steel, Banking, Railroad

Back

Steel

Front

What were the years of the 2nd Industrial Revolution?

Back

1870-1920

Front

Thomas Edison, Alexander Graham Bell, and the Wright Brothers were all:

Back

important inventors