Gilded Age

Who is credited with the invention of the telephone in 1875?

The Bessemer Process was a new method for turning iron into steel by burning off the impurities with hot air.

In the late 1800s the term robber baron was used to describe some owners of big businesses primarily because they

Who is responsible for the creation of the electric light bulb and had over 1,000 patents in his name when he died

In this type of economy, the government owns all the business and all the profit goes to the government or its leaders.

Which of these drove the Second Industrial Revolution?

The Grange Movement and the formation of the Populist Party were similar because they both

Socialists believe that

Who created our modern oil drilling technique in PA in 1859?

Vertical integration means you buy out all your competitors.

In the late 1800s, a large labor supply, natural resources, and construction of railroads contributed most directly to

A Captain of Industry is an ultra rich and ruthless businessman who is competitive and engages in questionable tactics

Who RESDESIGNED the Bessemer process which turned iron into steel?

He was not a typical Gilded Age politican-he was honest. He was the only president to serve two nonconsecutive terms

In this type of economy, individuals own businesses and compete to earn profits.

Who was the NY Tammany Hall politician known for his 'honest & dishonest graft'?

He used BOTH horizontal and vertical integration to make money. By 1899 he owned 90% of the oil in America.

Who designed the Brooklyn Bridge and was lucky enough to have their family take over the project after their death?

Who is responsible for the creation of the telegraph and creation of its code?

Who created the first alternating current (AC) electric motor and supported the construction of AC power plants?

Which "hands off" policy allowed businesses to run with little to no regulation by the U.S. government?

He was a corrupt leader of Tammany Hall in NYC and stole $200 million from the city treasury.

Revolutionizing communitcation- who created the telephone?

Congress passed the Interstate Commerce Act (1887) & Sherman AntiTrust Act (1890) in response to

Who invented the air brake which improved the safety of trains by allowing them to stop quicker?

Horizontal integration is when a company

Throughout the late 1800s & early 1900s most Americans blamed monopolies for which of the following problems