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Henry bessemer developed a progress to make steel stronger and more affordable can make steel.
Andrew Carneige 1870- starts to make steel in Pittsburgh, PA Goal is to make steel affordable as possible. Did this by controlling all steps in the steel making progress. By 1900 the US provided more steel than any other country- monopoly. became one of the richest man
Andrew Carneige in the world.
John D. Rockefeller Built his own oil refinery in Cleveland, OH in 1863. by 1890 his standard oil co. Controlled 90% of the oil industry-monopoly one of the richest ma in the world.
gorge Westinghouse Westinghouse Electric Co.- 1896 . Developed AC. (Alternating current) for use in homes and business. In "war or the currents" with Tomas Edison 's company who used DC. (direct Current) Westinghouse had a better product so got more customers and won
gorge Westinghouse The company still exists today.
William Randolph Hearst Developed newspaper business by using Big eye catching headlines, illustrations, and color. owned most of the newspapers in 1900 monopoly
madame C.J. walker 1906- bottled shampoo in her attic. Sold produces door to door. First African American to become an millionaire.
J.P Morgan wealthiest and most powerful banker in the US during the industrial Age. Invested in railroads, mining, Steel.
natural resources American had a lot and it helped industry grow. These resources are made by nature and not made by people. Ex: iron,coal, oil timber, water
Human resources people who work on produce goods, service. Immigrants really helped grow the workforce during the industrial Age.
Capital resources Tools machines, (money) that companies use to produce goods and services.
monopoly who one company has control of a industry. cuts down on companion so it hurts the consumers by limiting choices and driving up the prices.
sweatshop hot,cramped workshops where many industrial workers had to do their jobs before labor reforms.
triangle shirtwaist company a company in New York City where workers complained about the dangerous conditions. They asked home owners to build escapes and keep there doors unlocked. owners refused. March 1911 a fire broke out a and the workers where trapped inside. 150 people-
triangle shirtwaist company died. mostly young woman.
Lewis hine organized groups working to gain improved working conditions, better wages, more safely,
Created by: 00057234