Industrialization Review

American businessman- founder of Standard Oil Company

• Samuel Gompers
• Thomas Edison
• Vanderbilt
• John D. Rockerfeller

A company that sells shares (stock) of its business to the public to raise capital

• monopoly
• corporation
• trust
• industry

What made the cost of production lower?

• financial resources
• raw materials
• light bulbs
• assembly line

Andrew Carnegie used the ____________________ to make ___________ stronger and cheaper.

• refinery process - oil
• Bessemer process - steel
• Carnegie process - iron ore
• pipeline - steel

Theory that government should not interfere in the operation of the free market

• Cul-de-sac
• Laissez-Faire
• Fleur de Lis
• Achtung

Known as the "Master of Steel"

• John D. Rockefeller
• Cornelius Vanderbilt
• Gustavus Swift
• Andrew Carnegie

Technological development most revolutionized US steel industry?

• Electrification
• Vulcanization
• Steam power
• Bessemer Process

The inventor of such items like the phonograph, electric generator, & movie projector was

• Alexander Graham Bell
• Thomas Edison
• Nicola Tesla
• Eli Whitney

The inventor of the telephone in 1876 was

• Thomas Edison
• Nicola Tesla
• Alexander Graham Bell
• Eli Whitney

My product helped to build railroads, trains, sky scrapers, and stronger bridges. I am ___________________

• Alexander Graham Bell
• Andrew Carnegie
• Thomas Edison
• John D. Rockefeller