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man to setup oil well & drill for oil |
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man to invent electric lightbulb & power plant |
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created an alternating current & transformer to boost power levels |
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created the telegraph, language for telegraph |
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man who invented the "talking telegraph" or the telephone |
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American Telephone & Telegraph Company |
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company that built long distance telephone lines |
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Henry Bessemer/Bessemer Process |
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invented a new process for making steel in an easier and cheaper way, made it possible to mass produce steel |
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designed a suspension bridge with thick steel cables suspended from high towers to hold up the main span, longest in the world,the Brooklyn Bridge |
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a suspension bridge with thick steel cables suspended from high towers to hold up the main span, longest in the world |
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formed the Standard Oil Company, gave lots of money to charity, used some shifty methods to gain control of the oil industry |
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John D. Rockfeller's oil company |
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Andrew Carnagie/Carnagie Steel |
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grew up poor and became rich, had a steel business, gave much of his money away to charity |
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Andrew Carnagie's ideas about wealth, everyone is free to become rich, then they should give much of their money to charity |
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society should interfere with competition as little as possible, opposed government protecting workers, believed government should stay out of the affairs of business men who were "fit " to become rich |
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a market structure which is dominated by only a few large profitable firms |
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complete control of a product or service |
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a loose association of businesses that make the same product |
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gaining control of the many different businesses that make up all phases of a product 's development |
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involves bringing together as many firms of the same business |
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the board of trustees managed the companies as a single unit |
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outlawed any combination of companies that restrained interstate trade or commerce |
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