Rise of Big Business

Why were Railroads so important?

• They connected the North and the South

• Moved Raw Materials across the country

• Transported people quickly and easily

• Both B and C

A major problem with the railroads after the Civil War was _____________.

• There were not any issues

• All the track gauges were the same size

• Iron was used which rusted

• Steel was used and they needed to switch to iron

Created the Air brake which made trains safer

• George Pullman

• George Westinghouse

• Thomas Edison

• Vanderbilt

Created sleeping cars, which made travel more comfortable

• George Westinghouse

• JP Morgan

• Andrew Carnegie

• George Pullman

Which was not a method used to eliminate competition

• Pools

• Rebates

• Raising Prices

• Rate Wars

How did the Railroad industry help the economy?

• Created new jobs

• Created New Industries

• Allowed companies to ship goods faster

• All of the Above

Capital of the Steel Industry

• Newark, NJ

• Harrisburg, PA

• Washington, DC

• Pittsburgh, PA

Designed a new way to make steel at lower costs and more efficient

• Henry Ford

• Henry Bessemer

• George Westinghouse

• George Pullman

Responsible for the idea of Vertical Integration

• JP Morgan

• Andrew Carnegie

• Vanderbilt

• JD Rockefeller

Vertical Integration is when a company _____________.

• Eliminates a company from the top down

• Controls all the aspects of the manufacturing process

• Promotes people from within the company

• Integrates new technology into the steel industry