Industry and Cities

Who was the captain of the steel industry?

• Andrew Carnegie

• Henry Ford

• John D. Rockefeller

• Cornelius Vanderbilt

Who had a monopoly on the oil business?

• Andrew Carnegie

• Henry Ford

• John D. Rockefeller

• Cornelius Vanderbilt

J.P. Morgan made a fortune through...

• Banking and Electricity

• Steel and Oil

• Railroads and Shipping

• Automobiles and the Assembly Line

What is one reason many Americans moved from rural to urban areas?

• urban areas

• immigration laws

• better heating

• job opportunities

________________________________ was a period in the United States that included large scale manufacturing/production (also, most Americans moving from rural area to urban areas)

• Capitalist

• Second Industrial Revolution

• Corporation

• Entrepreneur

_________________________ process allowed Andrew Carnegie to rapidly grow his steel business - this new process allowed him to make steel quicker and cheaper

• Vertical Integration

• Laissez-faire

• Bessemar Process

• Corporation

Which of the following contributed to U.S. population growing so quickly

• High Births

• Lower Deaths

• Immigration

• Better medicine

A term used to describe a business leader whose means of amassing a personal fortune contributes positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy.

• Captain of Industry

• Robber Baron

• Entrepreneur

• Capitalist

A disparaging term used to describe a powerful 19^th century businessman or banker who used questionable or unethical business practices to become powerful or wealthy.

• Captain of Industry

• Robber Baron

• Entrepreneur

• Capitalist

Head of company/CEO, this person created their own business and takes a huge amount of risk, but this person can also make lots of money

• Captain of Industry

• Robber Baron

• Entrepreneur

• Capitalist