Gilded Age

Which application of new technology can be attributed to an invention of Thomas Edison?

• Refrigerated railroad cars allowed food to be transported long distances.

• Light bulbs made it efficient for factory workers to work at night

• Diesel engines were used in the production of airplanes

• Sonar technology was used to track submarines

This excerpt is from a book written by a Norwegian man who immigrated to the United States in the late 1800's. ...These immigrants were relieved when they saw the type of land they were expecting because they--

• hoped to establish farms

• wanted to build factories

• planned to mine for gold

• wanted to work for the railroad

Businesses and "Means of Production" are privately owned

• Laissez Faire
• Capitalism
• Innovation
• Entrepreneurs

Government should keep "Hands Off" the economy

• Laissez Faire
• Market Economy
• Capitalism
• Social Darwinism

People who take financial risks starting a new business

• Innovation
• Capitalism
• Entrepreneurs
• Market Economy

First automobile that many middle class Americans could afford

• Henry Ford
• John Ford
• Harry Ford
• Hank Ford

Cars assembled one part at a time on a moving line

• Assembly lane
• Assembly line
• Assembly liner
• Assembly lion

Complete control over production of a good or service

• Kleptocracy
• Oligopoly
• Monopoly
• Plutocracy

Fortune from (steel) paid slave wages and fought unions

• John D. Rockefeller
• JP Morgan
• Andrew Carnegie
• Sherman Flagler

Fortune from (oil) paid slave wages and fought unions

• John D. Rockefeller
• Henry Ford
• Orville and Wilbur Wright
• Thomas Alva Edison