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19 Cards in this Set
- Front
- Back
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Alexander Graham Bell |
Telephone |
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Golden Spike |
Transcontinental Railroad |
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Samuel Morse |
Telegraph |
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Thomas Edison |
Light Bulb |
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John D. Rockefeller |
Oil |
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Andrew Carnegie |
Steel |
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J.P. Morgan |
Stocks/Entrepeneur |
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Henry Ford |
Assembly Line |
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T or F Thomas Edison developed the idea of the power plant |
True |
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T or F Henry Ford created the 1st automobile |
False, he only mass-produced cars |
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T or F Steel weighs less than iron |
True
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T or F J.P. Morgan bought out Andrew Carnegie's steel company |
True
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Bessemer Process |
Turning iron into steel more efficiently and with less impurities |
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Horizontal Consolidation |
Bringing together many firms in the same business to form one |
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Philanthropist |
To give large sums of money to charities too better humanity |
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Vertical Consolidation |
Gaining all phases of a products development
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Economies of Scale |
As production increases, the cost of each item produced decreases |
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Industrial ideas Henry Ford is credited for (4) |
-8 hour work day -Taking a break on the weekends -$5 a day pay -40 hour work week |
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Why did the Union Pacific Railroad lay more track than the Central Pacific Railroad leading up to the Golden Spike |
The land was flatter, there was no mountain range to go around |
