Second Industrial Revolution

The steel industry was controlled by _____ during the Second Industrial Revolution.

• Rockefeller

• Carnegie

• Vanderbilt

• Swift

The oil industry was controlled by ________ during the Second Industrial Revolution.

• Rockefeller

• Carnegie

• Vanderbilt

• Swift

The railroad industry was controlled by _________ during the Second Industrial Revolution.

• Rockefeller

• Carnegie

• Vanderbilt

• Swift

____________ is a negative term to describe the great industrialists of the Gilded Age and __________ is a positive term to describe them.

• Robber Barons, Captains of Industry
• Captains of Industry, Robber Barons

____ occurs when all aspects of the production and sale of a product are controlled by one company. Andrew Carnegie was an early adopter of this method.

• Vertical Integration

• Horizontal Integration

• Laissez Faire

• Tactile Integration

A ____ is created when one company has absorbed or purchased its competitors and controls an entire industry.

• Conglomerate

• Corporation

• Monopoly

• Multinational

_______________ was a way to manufacture steel quickly and cheaply.

• Electricity
• Assembly Line
• Bessemer Process
• Power Plant

The telegraph...

• allowed people to see others who were miles away.
• was a new form of vehicle.
• was used to power trains.
• was a written message that could be sent over long distances.

Owning all businesses in a certain field is called ________.

• Stockholding
• Patenting
• Vertical Integration
• Horizontal Integration

How did Alexander Graham Bell revolutionize communications?

• He invented the telephone.
• He invented the hearing aid.
• He invented the grain mill.
• He invented the television.