SOL 8 Inventors and Industry

Who invented the airplane? (First flight in 1903.)

• Thomas Edison

• Orville and Wilbur Wright

• Alexander Graham Bell

• Richard Trevithick

Who invented the telephone in 1876?

• Thomas Edison

• Samuel Morse

• Alexander Graham Bell

• Andrew Carnegie

"The Wizard of Menlo Park"

Invented the incandescent lightbulb, phonograph, generator, DC (direct current) power

• Thomas Edison

• Nikola Tesla

• Wright Brothers

• Elon Musk

Who used the assembly line to mass produce automobiles, including the Model T?

• James K. Polk

• John D. Rockefeller

• Andrew Carnegie

• Henry Ford

• Leader of the steel industry

• Scottish immigrant who used the Bessemer process to mass produce steel

• Andrew Carnegie

• Henry Ford

• Alexander Graham Bell

• John D. Rockefeller

Leader of FINANCE

Owned many companies, including General Electric, AT&T, railroads

Saved the U.S. government from default in 1907

• Cornelius Vanderbilt

• Andrew Carnegie

• John D. Rockefeller

• J.P. Morgan

Leader of the RAILROAD industry

• William Henry

• Jeff Bezos

• Cornelius Vanderbilt

• James Joyce

Leader of the oil industry

Standard Oil monopoly controlled 90% of the market

• John D. Rockefeller

• Mark Zuckerberg

• Andrew Carnegie

• Benedict Cumberbatch

•French for “let do” (hands off approach)

•Low taxes and minimal government regulation

• Socialism

• Monopoly

• Limited liability corporation

• Laissez-faire

•Allowed people to invest without risking their personal property

• Monopolies

• Limited liability corporations

• Partnerships

• Joint stock companies