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TermDefinition
Henry Bessemer developed a process to make steel stronger and More affordable. Can make more steel
Andrew Carnegie 1870 - starts to make steel in Pittsburgh, PA Goal is to make steel as affordable as possible did this by controlling all steps in the steel making process by 1900, US provided more steel any other country monopoly became one of the riches men.
John D. Rockefeller built his first oil refinery in Cleveland. In 1863 by 1890 his standard oil Co controlled 90% of the oil industry - monopoly.
George Westinghouse Westinghouse Electric Co - 1896 Developed AC alternating current for use in homes and business. In war of the currents with Thomas Edison's company who used DC direct Current.
William Randolph Hearst Developed newspaper business by using Big eye catching headlines, illustrations, and color owned most of the newspapers in US by 1900
Madame C.J. Walker 1906 bottled shampoo in her attic sold products door to door. First African American woman to become a millionaire.
J.P. Morgan Wealthiest and most powerful banker in U.S. during the Industrial Age. Invested in railroads mining steel.
Natural Resources American had a lot and it helped industry grow. These are resources that are from nature not made by people. Ex.: iron, timber, water.
Human Resources People who work to produce goods and services. Immigrants really helped grow the workforce during the industrial Age.
Capital Resources Tools, machines, (money) that companies use to produce goods and services
Mary Harris Jones helped lead the United Mine Workers in the Appalachian mountains. She was known as Mother Jones.
Labor Day created by the labor unions to honor the workers in America. First held in September 1882 Congress made it an official holiday in 1894.
Created by: 00021365