CH 12 Rise of Big Business and Age of Invention

He was the owner of the Great Northern RR

James J. Hill used his railroad to transport lumber and food to the East from Washington state

This was one of the most successful retail chain stores starting in 1879.

An influential speaker and union organizer feared by John D. Rockefeller.

John D. Rockefeller controlled 90% of all steel manufacturing by 1880

A monopoly exists when a single company controls an entire market.

Advertising for businesses changed to larger presentations by companies like

The first railroad Robber Baron was

Combining many businesses producing the same goods into one corporation is called

The transcontinental railroad was estalished by Abraham Lincoln through this

When a company owns all the businesses that proides the products they need it is called

Operating costs involved wages, shipping charges and supplies.

He was responsible for the building of the New York Central RR and Grand Central Station.

The Central Pacific RR was under the direction of several investors and this guy.

Ready made clothing was made possible by the Northrop automatic loom and power driven sewing machines.

This allowed give owners power to set conditions etc. without government interference.

Business owners used a blacklist to keep union workers from getting new jobs.

Work on the Central Pacific RR was completed by these workers

Montgomery Wards and Sears Roebuck were the first stores to issue

The construction company for the Union Pacific was called

Thaddeus Lowe and Gustavus Swift invention that changed food

An outside party helps labor and management reach an agreement.

Jay Gould was a corrupt RR owner who manipulated stock.

Women were excluded by most unions.

Business costs like wages, shipping fees and hours were called fixed costs.

Women were paid less than men because they worked as a hobby.

This started in Sacramento, California in 1863.

Laissez faire allowed too much government interference.

Represents the total value of goods and services produced by a country.

Time zones across the nation were created by the American Railroad Workers

National union originally led by Samuel Gompers.

He invented the telephone

This started in Omaha, Nebraska in 1865

Agreements made among producers to keep prices at a certain level are called

People opposed to monopolies feared the competition created would create lower prices.

Unions were all in favor of

Created the lightbulb.

Bountiful natural resources, expanded railroads and a large immigrant pop. made the US the

This railroad company was built without any government land grants.

He opened the first of many steel mills in Pittsburgh, PA in 1875.