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10 Cards in this Set

  • Front
  • Back
Andrew Carnegie- first American to take advantage of the Bessemer process.
J.P. Morgan- bought out Carnegie and several other major producers.
John D. Rockefeller- knew he could make money in the oil business, but was deterred by wildcatters.
Cornelius Vanderbilt- his line became the dominant steamship presence in the New York area.
Airplane- wright brothers; first human flight, kitty hawk, NC.
Corporation-
Bessemer Steel Process- 1st inexpensive way of turning raw iron to steel.
Light Bulb- was an invention, not a discovery.
Telephone- invention not discovery. invented in 1876
Laissez-faire- means "to do little."