Industrialization USII4d

The development of a national market for goods and services within the United States was

largely a result of —

• taxes on manufactured goods

• government safety regulations

• improvements in transportation

• increased demand for cheap labor

This person invented the phonograph, audio recorder, and electric lightbulb.

• Thomas Edison

• Nicolai Tesla

• Alexander Graham Bell

• Andrew Carnegie

This man was controlled the railroad industry during the Gilded Age

• Andrew Carnegie

• John D Rockefelelr

• Cornelius Vanderbilt

• JP Morgan

This man controlled the steel industry during the Gilded Age

• Andrew Carnegie

• John D Rockefeller

• JP Morgan

• Cornelius Vanderbilt

This man owned Standard Oil and controlled most of the oil industry during the Gilded Age

• Andrew Carnegie
• Cornelius Vanderbilt
• John D Rockefeller
• JP Morgan

This man gained his wealth and power from banking and finances during the Gilded Age

• John D Rockefeller
• Andrew Carnegie
• JP Morgan
• Cornelius Vanderbilt

This is a term for when one company controls the majority of an industry.

• Monopoly

• Merger

• Corporation

• Company

Which industrialist is best known for his work in the steel industry?

• Charles Lindberg
• Andrew Carnegie
• John Rockefeller

a highly populated city area

• rural
• urban
• suburban
• agricultural

A monopoly is the total or complete control of an industry. Unfortunately for consumers, this prevents ___________. 

• Unions
• Capitalism
• Competition
• regulation