Industrialization and westward expansion final exam

These were standardized parts that can be used to replace another part.

• Bessemer Process
• Vertical integration
• Horizontal integration
• Interchangeable parts

This was an inexpensive process for the mass production of steel.

• Interchangeable parts
• Bessemer Process
• Vertical integration
• Horizontal integration

This is the merging or taking over of suppliers, distributors, and transportation systems to gain total control over the quality and prices of a companies products.

• Interchangeable parts
• Vertical integration
• Bessemer Process
• Horizontal integration

This is the merging or taking over of rival companies making or producing the same product.

• Interchangeable parts
• Bessemer Process
• Horizontal integration
• Vertical integration

This was a form of capitalism that allows companies to conduct business without government regulation or intervention.

• Laissez-faire
• Social Darwinism
• Gospel of the Wealth
• Muckrakers

This was an article written by Andrew Carnegie that argued the wealthy him had a responsibility to use their wealth for the greater good of society.

• Laissez-faire
• Social Darwinism
• Gospel of the Wealth
• Muckrakers

This was an economic and Social philosophy that supported the idea that an unrestrained completion will ensure the survival of the fittest economically and socially.

• Laissez-faire
• Social Darwinism
• Gospel of the Wealth
• Muckrakers

This man as the most powerful banker of the era, financed railroads and other business mergers. He helped organize U.S. Steel, General Electric and other major corporations.

• John D. Rockefeller
• Andrew Carnegie
• J.P. Morgan
• Thomas Edison

This man was an American industrialist, founder of the Standard Oil Company, which was the largest oil company in the industry.

• John D. Rockefeller
• J.P. Morgan
• Andrew Carnegie
• Thomas Edison

This man was a Scottish-American immigrant and industrialist, also a known philanthropist. Leader in the expansion of the American steel industry. Owned the largest steel company in America in the late 1800s. Became one of the richest men Americans in history.

• J.P. Morgan
• Andrew Carnegie
• John D. Rockefeller
• Thomas Edison