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Chapter 4 Notes
Term | Definition |
---|---|
Henry Bessemer | developed a process to make steel stronger and More affordable. |
Andrew Carnegie | to make steel in Pittsburgh, PA. Became one of the riches man in the world |
John D. Rockefeller | Standard oil contrlled Co. 90% of the oil industry- monopoly. One of the richest men in the world |
George Westinghouse | Westinghouse Electric Co.- 1896. Developed AC |
William Randolph Hearst | newspaper owned most of the newspapers in US by 1900- monopoly. |
Madame C.J. Walker | African American woman to become a millionaire. |
J.P. Morgan | Wealthiest and most powerful banker in U.S. during the Industrial Age. |
Natural Resources | from nature, not made by people . Ex.: iron, coal, oil ,timber, water |
Human Resoures | people who work to produce goods and services |