Big Business & Labor Unions

Which person created a method that made the production of steel more efficient?

• J.P. Morgan

• James Bessemer

• Jacob Riis

• John D. Rockefeller

The discovery of this product in Pennsylvania in 1859 who lead to the creation of plastics and other products today.

• Oil

• Steel

• Natural gas

• Coal

He created a monopoly (Standard Oil) and became the first billionaire in the U.S.

• J.P. Morgan

• Andrew Carnegie

• Elisha Otis

• John D. Rockefeller

He built a railroad empire and his family built the Biltmore Estate.

• Cornelius Vanderbilt

• J.P. Morgan

• Andrew Carnegie

• Elisha Otis

The founder of the modern-day U.S. Steel Corporation; made his fortune in investing in companies such as General Electric and AT&T.

• Andrew Carnegie

• Cornelius Vanderbilt

• J.P. Morgan

• Thomas Edison

He invented air brakes for rail cars ; Built his fortune in electricity and kitchen appliances

• Thomas Edison

• George Westinghouse

• Elisha Otis

• Cornelius Vanderbilt

He gave away his entire fortune after his death to help community causes; built his wealth through his ownership of a steel company,

• John P. Rockefeller

• Thomas Edison

• Andrew Carnegie

• George Westinghouse

The father of electricity; the creator of General Electric

• Elisha Otis

• Cornelius Vanderbilt

• Thomas Edison

• J.P. Morgan

This term describes when a company buys out all of its suppliers to control the making and distributing of its products

• Oligopoly

• Horizontal integration

• Vertical integration

• Trust

Who invented the telephone?

• Gustavas Swift

• Elisha Otis

• Alexander Graham Bell

• Thaddeaus Lowe