Industrialization

Which statement best describes a result of industrialization in the United States during the

mid-nineteenth century?

• People moved to cities in search of economic opportunity.

• Farmers began to cultivate land west of the Appalachian Mountains.

• Native peoples were forcibly relocated to western territories.

• Government officials began to promote the idea of Manifest Destiny.

The Bessemer steel process affected westward expansion in the United States by enabling

• clipper ships to be built in order to transport passengers from the East Coast to the

  West Coast

• interstate canal systems to be built in order to transport agricultural goods from west

  to east

• Conestoga wagons to be built in order to carry people and goods to the West

• railroads to be built in order to carry people and goods to the West

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

• Used to make artillery and weapons
• Cheap to import from China
• It came from Minnesota
• Strong. Used for bridges, railways, nails, & skyscrapers 

Define a monopoly.

• A card game
• businesses that are owned by investors
• A company controls all or most of businesses in an industry.
• Poor families

Describe John D. Rockefeller.

• Built a steel empire
• powerful banker
• Owned Standard Oil Company 
• Had a steel Monopoly

Why was Thomas Edison such a big deal?

• Great Scientist-cured Polio
• Great Inventor - improved electric light 
• Great Doctor - invented liver transplant
• Great Teacher - taught social studies

 How was mass production of products a good thing?

• Made it easier to own companies & build corporations
• It organized labor in the factories
• Made products cheaper & more available
• Made communication easier

How did Andrew Carnegie make his money?

• Oil
• Steel
• Banking
• Railroad

 What are stocks?

• Parts or “shares” in a corporation 
• Businesses that are owned by investors
• Monopolies
• The money made by a company

What are corporations?

• business owned by farmers
• Big banks that supply money to companies
• Businesses that are owned by one person
• Business that are owned by investors