Industrialization Flashcards
Who invented the air brake?
George Westinghouse
When a company or trust has complete control over the industry it is called a what?
Monopoly
What is it called when the government takes your land for the needs of the community?
Eminent Domain
How many miles of track did the Union Pacific Railroad workers lay?
1,086 miles
Who owned the Great Northern Railroad?
James J Hill
A guarantee to protect an inventors rights to make, use, or sell the invention is what?
Patent
Ownership of business involved in each step of a manufacturing process is called what?
Vertical Integration
Who was the owner of US Steel?
J.P. Morgan
Who took over the shipping industry? Nicknamed “the captain”
Vanderbilt
What two men missed the last spike that joined the central Pacific Railroad and the Union Pacific Railroad?
Stanford and Durant
Ownership of several companies making the same product is called what?
Horizontal Integration
What did congress pass in 1862 that states a railway must be made to the Pacific coast?
Pacific Railway Act
Who was the founder of Standard Oil?
J.D. Rockefeller
Who invented the sleeping car, dining car, and the parlor car?
George Pullman
What man wanted to build a bridge across the Mississippi River?
Andrew Carnegie
Grants of money from the government to private companies
Subsidies
Major railroad lines
Trunk lines