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33 Cards in this Set
- Front
- Back
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Cornelius Vanderbilt
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-was an American entrepreneur.
-He built his wealth in shipping and railroads and was the patriarch of the Vanderbilt family and one of the richest Americans in history. |
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New York Central Railroad
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-was a railroad operating in the Northeastern United States.
-the railroad served most of the Northeast -The railroad primarily connected greater New York and Boston in the east with Chicago and St.Louis in the midwest along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, and Detroit |
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Federal land Grants 1865-1900
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Transcontinental Railroad
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a contiguous network of railroad trackage that crosses a continental land mass with terminals at different oceans or continental borders
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Jay Gould
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-was a leading American railroad developer and speculator.
-He has long been vilified as an archetypal robber baron, whose successes made him the ninth richest American in history |
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Panic of 1893
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-was a serious economic depression in the United States
-this panic was marked by the collapse of railroad overbuilding and shaky railroad financing which set off a series of bank failures. |
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J.P. Morgan
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was an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time
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Bessemer Process
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-was the first inexpensive industrial process for the mass-production of steel from molten pig iron.
-The process is named after its inventor, Henry Bessemer, who took out a patent on the process in 1855. |
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Andrew Carnegie
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was a Scottish-American industrialist, businessman, entrepreneur and a major philanthropist.
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Vertical Integration
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12
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U.S. Steel
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is an integrated steel producer with major production operations in the United States, Canada, and Central Europe.
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John D. Rockefeller
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-was a major philanthropist and a pivotal member of the prominent Rockefeller family.
-was the sole son among the five children of businessman and Standard Oil industrialist John D. Rockefeller and the father of the five famous Rockefeller brothers |
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Standard Oil Trust
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-was a predominant American integrated oil producing, transporting, refining, and marketing company.
-Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world's first and largest multinational corporations until it was broken up by the United States Supreme Court in 1911. |
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Horizontal Integration
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12
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Anti Trust Movement
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12
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Sherman Antitrust Act 1890
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12
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United States v. E.C. Knight
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12
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Laissez – Faire Capitalism
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12
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Adam Smith
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12
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Gospel of Wealth
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12
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Transatlantic Cable
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12
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Alexander Graham Bell
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12
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Sear Roebuck
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12
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Horatio Alger
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12
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Railroad Strike of 1877
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12
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National Labor union
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12
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Knights of Labor
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12
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Terence V. Powderly
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12
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Haymarket Bombing
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12
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American Federation of Labor
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12
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Samuel Gompers
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12
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Homestead Strike 1894
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12
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Eugene V. Debs
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-was the first national labor federation in the United States.
-Founded in 1866 and dissolved in 1873, it paved the way for other organizations, such as the Knights of Labor and the AF of L (American Federation of Labor). -led by William H. Sylvis. |
