**Chapter 6 Notes Flashcards

1
Q

changes from agricultural to ——-

A

industrial society

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2
Q

farming to ………

A

facturing

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3
Q

rural to ………

A

urban

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4
Q

the desire to create new things -

A

Americna Ingenuity

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5
Q

licenses that give the inventor exclusive rights to make, sell, or use an invention for a set period of time -

A

patents

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6
Q

who is the only United States President to have a patent issued to him?

A

Abraham Lincoln

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7
Q

Investments lead to the increasement in ____________ and _____________

A

immigration and urbanization

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8
Q

3 factors of industrial boom -

A
  1. abundance of natural resources
  2. governement support for growing businesses
  3. growing urban population provides cheap labor for new products
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9
Q

3 main natural resources -

A

coal
crude oil
iron ore

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10
Q

discovery of resources lead to new ……………

A

inventions

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11
Q

_________ industry grew rapidly, and became a major pplayer

A

oil

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12
Q

mass production of steel leads to ……..

A

RR industry

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13
Q

iron ore to steel =

A

bessemer process

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14
Q

steel leads to new ……

A

new cities

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15
Q

raw materials lead to ……..

A

new jobs for workers

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16
Q

uses for steel -

A
barbed wire
farm machinery
railroads
bridges
upward expansion
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17
Q

changes in the towns of people changes how they ______________

A

lived and worked

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18
Q

new forms of electricity -

A

light bulb / thomas edision

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19
Q

Thomas Edisions middle name -

A

Alva

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20
Q

electricity changed and impacted ……..

A

lives

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21
Q

electricity causes ……

A

mass production

22
Q

electricity created new ……

23
Q

improvements in communication =

24
Q

Samuel Morse

A

the telegraph

25
short and long electrical impulses to represent letters -
morse code
26
Christopher Sholes =
typewriter
27
Alexander Graham Bell -
telephone
28
telephone, telegraph, typwriter all create new .....
jobs
29
pros of the RR -
``` transferred goods created more jobs allowed westward expansion across U.S. influenced growth in cities/towns led to the creation of time zones ```
30
cons of the RR -
``` widespread of abuses need for government regulation interrupted farming huge loans given to RR difficult work conditions ```
31
The Federal Governement gave loans to the RR which lead to .....
incredible growth in RR in short time
32
extended from coast to coast -
transcontinental railroad
33
pullman town, provided for all the RR workers needs, completely controlled by company, leads to ........
violent strikes
34
RR leads too .........
faster transportation of goods, lower costs of production, creation of national markets
35
organization of farmers
Grangers
36
RR abuses -
price fixing
37
the grangers wanted the ........... to step in and regulate the RR -
government
38
the new Granger law says........
the state can regulate the RR
39
RR is on the brink of ........
bankruptcy
40
why is RR bankrupt?
cause they couldn't fix price anymore
41
the RR bankruptcy effects ...........
EVERYONE
42
Bankruptcy leads to .........
unemployment failing of banks industries shut down
43
Who bailsout the RR -
J.P. Morgan
44
2 ways to create a monopoly -
buy out the stock of other companies | join with competition to form trusts
45
they make their wealth off misery of others; stole from public -
robber barrons
46
helped the nation in a positive way -
Captains of industry
47
he put all money into steel factory horizontal/veritcal integration built lots of libraries
Andrew Carnegie
48
``` Emperor of Wall Street helped railroad industry largest steel manufacturer created an art museum Horizontal integration ```
J.P. Morgan
49
oil finery | horizontal integration
John D. Rockefeller
50
railroad industries shipping industries horizontal integration
Cornelius Vanderbuilt
51
``` developed the Marshall Field Co developed Chicago in retail industry "dined" with people horizontal integration ```
Marshall Fields
52
``` banker steel ship building oil VERTICAL integration ```
Andrew Mellon