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Haik ss studystack

QuestionAnswer
what did the oil industry drill for? petroleum spurs.
what is the business cycle? a pattern of good and bad times.
what's the Bessemer steel process? a new steel making method and it uses less coal.
explain what a generator is? a machine that produces electric current.
what is the centennial exhibition? an exhibition in Philadelphia.
what is the meaning of patent? a document giving an inventor the right to make and sell their inventions.
a transcontinental railroad is one that....... ..........spanned the entire continent.
what did the railroad companies set up? standard time.
what did they divide the united states into? four time zones.
when did congress adopt standard time in? 1918
who dominated the oil industry? john d. Rockefeller
who dominated the steel industry? Andrew Carnegie
what reputation did Rockefeller gain? a ruthless robber baron.
what is a robber baron? a business leader that became a wealthy dishonest man.
what both were Andrew and Rockefeller? a philanthropists.
what is the meaning of "gilded"? covered in gold leafs (can disguise cheap or rotten) the wealth of some people that could hide society problems.
what two serious problems did the society have with wealthy people? 1. corrupt politics 2. wide spread poverty
a person that gives out a great deal of his or her money to charity......................... ............... philanthropist
a company that raises money by selling shares of stock..................................... ...............corperation
a business leader who became wealthy by using dishonest methods............................ ...............robber baron
a company that wipes out it's competitors and controls an industry......................... ...............monopoly
a wealthy business man who controlled the oil industry..................................... ...............john d. rockefeller
a legal body created to hold stock in many companies, often in the same industry........ ...............trust
a wealthy business man who controlled the oil industry..................................... ...............Andrew carnegie
the era of the late 1800's which was a time of fabulous wealth or a few Americans........... ...............gilded age
who found several ways to use electricity including a practical light bulb, the phonograph and a moving picture? Thomas edison
what was held in Philadelphia in 1876? the centennial exhibition.
what does the gilded age name symbolize in the late 1800's? a name that symbolized how the wealth of a few people hid society's problems.
what was the national organization of unions that included about 1.7 million members by 1904? the AFL
what was ended when president Grover Cleveland sent out federal troops ans jailed the leader of the union? Pullman strike
the leader of the oil industry was........ ..........john d. rockefeller
a company that controls an industry is a.. ..........monopoly
a person who distributes money to charity is a............... ..........Philanthropist
what allowed women and blacks to join an organized group? knights of labor
what is a hay market affair? union leaders and police clash and several are killed.
what does Andrew Carnegie reduce? pay at steel mill in Pennsylvania.
when are Pullman strikes caused? when rail workers pay cut.
Created by: 1962250876
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