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When did the 2nd Industrial Revolution begin in America? |
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Who controlled the steel industry? |
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Who controlled the oil industy? |
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Who controlled the banking system? |
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Who made his fortune with steamships and railroads? |
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Who owned more miles of railroad than anyone else in America? |
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What are "Robber Barrons"? |
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Definition
people of great wealth because they bribe officials, manipulate economic markets, and exploit their workers and resouces |
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economic system where ALL businesses (big and small) are owned by individual people or corporations, NOT the government |
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economic system where SOME businesses are run by the government |
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economic system where ALL businesses are run by the government |
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when colonies are controled by a different country |
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How much iron was produced in the colonies by 1776? |
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Definition
about 1/7 of the world's iron |
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What infuriated the colonists and was one of the reasons that contributed to the American Revolution? |
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What was the "high-tech" weapon of the time? |
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Where was the first iron factory to be in a city? |
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Term
What natural resources need to be around an iron/steel factory? |
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Definition
timber (later, coal was used), iron ore deposits, and water power (river) |
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Term
What is "manifest destiny"? |
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Definition
the idea of wanting to go west |
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Term
Andrew Carnegie was a poor immigrant from Scotland when he came to America. Why was his job as a telegram delivery boy so important to him? |
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Definition
Carnegie met a lot of business men (some invested and helped him make a lot of money). |
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Who came up with a way to make steel from iron by adding cold air? |
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How much did Andrew Carnegie pay his workers each week? |
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How many hours a week did Andrew Carnegie's employees have to work? |
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a time when wealthy people were competing against each other in businesses |
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What is Social Darwinism? |
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Definition
when a higher class doesn't think they are doing anything wrong when they exploit the lower class
(predjudice, not science) |
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Who was shot by an anarchist? |
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Who was sent to stop the strike at the Homestead Mill? |
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a police force that were originally went to be a detective agency |
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Term
What finally ended the Homestead Mill strike and broke the union? |
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Definition
the Pennsylvania State Militia |
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Term
Who later bought Carnegie Steel? |
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Definition
J. P. Morgan and other steel company owners who wanted Carnegie "out of the picture" |
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Term
What is United States Steel? |
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Definition
what was Carnegie Steel plus 11 other steel companies combined |
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Many steel mills closed during the Great Depression. What brought them back to life and why? |
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Definition
World War 2;
many weapons needed to be built such as ships, tanks, planes, and guns |
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Why was America no longer the world's major suport for steel products in the 1970s and '80s? |
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Definition
Europe and Japan "modernized" after World War 2 but America didn't |
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Term
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Definition
a small steel mill that converts scrap iron into steel |
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