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USH II - Chapter 17
| Question | Answer |
|---|---|
| Abundant raw material; technological innovation | Industrial growth |
| first commercial use for telephones | Alexander Graham Bell |
| Among greatest inventors in history | Thomas A. Edison |
| 1,093 patents | Thomas A. Edison |
| Steel purification method that injected air into the steel | Bessemer-Kelly Method |
| Abram Hewitt | Open-Hearth Method |
| steel purifying method from EU | Open Hearth Method |
| first oil well | Edwin L. Drake |
| Titusville, PA - 1859 | Edwin L. Drake |
| first heavier than air plane to fly and survive - | Wright Brothers |
| Flyer One | first plane |
| Kitty Hawk, North Carolina | Location of first flight |
| First American gasoline driven motor vehicle | Charles and Frank Duryea |
| Father of scientific management | Fredrick Winslow Taylor |
| Tried to help companies increase efficiency | Fredrick Winslow Taylor |
| built first of his famous cars, 1914 | Henry Ford |
| assembly line system | Henry Ford |
| Railroad tycoons | Cornelius Vanderbilt Collis P. Huntington James J. Hill |
| Railroad tycoons | Cornelius Vanderbilt |
| Railroad tycoon | Collis P. Huntington |
| Railroad tycoon | James J. Hill |
| Father of the Modern Steel Industry | Andrew Carnegie |
| US Steel | Andrew Carnegie; J. Pierpont Morgan |
| Combining a number of firms doing the same thing | Horizontal Integration |
| Buying things that your company needs | Vertical Integration |
| Wealthiest business tycoon | John D. Rockefeller |
| Business tried to control competition and reduce instability by concentrating their economic power | Consolidation |
| cartels; agreements between companies to stabilize rates and divide markets | Pools |
| transferring stock to smaller shares (trustees) for protection | Trusts |
| central corporate bodies buy up the stock of various members of a trust and establish direct ownership | Holding companies |
| "survival of the fittest" applies to businesses | Social Darwinism |
| English philosopher; chief proponent for Social Darwinism | Herbert Spencer |
| American supporter of Spencer's ideas | William G. Sumner |
| "Anchors of Diamonds" | Russell H. Conwell |
| rags to riches story | Horatio Alger |
| believed the government should be involved in the planning of the good for society | Lester F. Ward |
| blamed poverty on the greed of the wealthy | Henry George |
| Looking Backward | Edward Bellamy |
| manipulation of prices; boom bust economy inequality | Problems of monopoly |
| 25 million between so many years | Immigrants |
| William H. Sylvis attempted to unite various labor unions | National Labor Union |
| Uriah Stephens grew to over 7,000 members | Knights of Labor |
| Samuel Gonkers attempt to put skilled works in unions | American Federation of Labor |
| Chicago - McCormick Harvester Company | Haymarket Square Incident |
| Carnegie Steel Plant, PA; lasted four months; National Guard sent in to end it | Homestead Strike, 1892 |
| Pullman Railroad Car ; | Pullman Strike, 1894 |
| Eugene V. Debs | |
| Sources of labor weakness |