2nd Industrial Revolution Flashcards
What does the title, Monopoly-not always a game, imply?
It implies that a Monopoly (often considered as a game) isn’t always a good thing and is serious.
Mark Twain
He was a reMARKable (Quinn’s Joke) author who wrote Huckleberry Finn and many other novels that had humorous words but deep meanings
Homer Plessy
Plessy v. Ferguson, violated the “law” by refusing to go in a “black only” car. Went against segregation.
Josh Marshall Harlan
The only court justice to disagree with segregation laws “separate but equal”
Andrew Carnegie
Steel man, very rich and donated his wealth
J.D. Rockefeller
Founded the Standard Oil Company and donated over half a billion dollars.
Cornelius Vanderbilt
He made transport easy and had a shipping and railroad tycoon
Fredrick Law Olmstead
The founder of American landscape architecture and created major urban parks.
Frank Lloyd Wright
Designed over 1000 structures, was an architect, educator, designer, and writer
Washington Roebling
Constructed the Brooklyn Bridge, was a Civil Engineer.
Joseph Pulitzer
Helped establish patterns of the modern newspaper and was a very powerful journalist.
Thomas Edison
Created 100’s of inventions, most famously the filament to make light bulbs cheaper and better.
market economy:
An economy in which business is not chosen and restricted. Also known as a free market.
command economy:
An economy where jobs are chosen for you and laws are more enforced.
traditional economy: system that relies on customs, history, and time honored beliefs (used by native americans)
monopoly:
When someone buys out all other business’. To have a complete monopoly you must also have government approval (For example Mr. Potter in A Wonderful Life)
