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8 Cards in this Set

  • Front
  • Back
James B. Duke
American Tobacco Company, controlled 9/10 of nation's cigarette production
Railroad land grants
millions of acres of land given as incentive to expand
union pacific
central pacific, trains met in Utah
Pacific Railway Bill
Authorized a line along a north-central route, to be built jointly by the Union Pacfic railroad and the central pacific railroad
John D Rockefeller
oil, monopoly, Standard Oil Company
Standard Oil company
cut out the middleman, vertical integration, kept own money to cut out banks, owned pipelines that transported his oil, owned truckes that delivered it, railcars
Trust
Companies combined to control competiton
Andrew Carnegie
Steel
"Gospel of Wealth"
Carnegie's book, said that the contrast between the millionare and the laborer measures the distance society has to come.