Gilded Age Industry

The ____ was a new method to produce lots of high quality steel.

• Bessemer Process

• Carnegie Method

• Vandy Experiment

• Steel Standard Method

Steel allowed for the building of

• miles of new railroad tracks

• skyscrapers

• better machinery of all kinds

Before the Civil War, ___ was the fossil fuel that provided the most power. After the war, ___ became the most important power source.

• coal; gas

• oil; gas

• coal; oil

• coal; wind

The Wizard of Menlo Park--inventor of the light bulb, motion pictures, & the phonograph

• Thomas Edison

• Alexander Graham Bell

• Elias Howe

• Elisha Otis

Which is true of the Transcontinental Railroad?

• Completed at Promontory Point, Utah

• Created timezones in the US

• Western farmers/ranchers could sell products more easily

• Eastern businesses could get good to people all over the country.

Immigration and natural population growth led to

• the expansion of business

• a larger army.

• food shortages.

• higher taxes.

During the Gilded Age, the ___ became a more popular form of business--it is considered a "person" by the law, it is owned by stockholders, & a piece of it is called a share.

• Partnership

• Sole Proprietorship

• Corporation

• Entrepreneur

Successful businessmen of the Gilded Age were known as

• Robber Barons

• Captains of Industry

• King of Thieves

• Populists