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Exam practice/ mod 3
Question | Answer |
---|---|
The Homestead strike/ why did it turn so violent | The homestead strike was a big fight between steelworkers and their boss Andrew Carnegie, things got violent when he hired tough guys to stop the strike |
Bessemer Process/ Skyscrapers | this was a method to keep steel better, it played a big role for structures like skyscrapers |
Thomas Alva Edison | He was a famous inventor who invented the light bulb |
Transcontinental Railroad | This was a really long track that was built across america connecting the east and west coast |
Pullman Strike/strike | this was protested by railroad workers because they did not like their unfair working conditions and this was organized by unions |
Andrew Carnigie | He was a super rich guy that owned a steel industry and he gave SOOO much money for philanthropy. |
John D. Rockefeller | He was a super rich guy that owned a oil company called Standard oil |
Vertical & Horizontal Integration | Vertical Integration is when a company does everything to make a product when horizontal integration is when it grows by joining similar companies. |
Captains of Industry | this is a term of successful business leaders who had impact in the country's growth. |
Robber barons | Powerful Businesses leaders that was criticized for their ruthless methods. |
Gospel of Wealth | this was an idea by Carnigie that wealthy people should use their money for philanthropy. |