U.S. History Exam 1 - FLASHCARDS - Big Businesses and Organized Labor Lecture 1
When did the economy grow at its fastest rate in history?
From the 1870s to the 1880s.
By 1900, what dominated global markets?
American industries dominated global markets in thing like textiles, steel, cotton, oil, wheat, and timber. The United States market dominated other countries. This was called the second industrial revolution
By 1900, what other countries did the United State’s manufacturing output dominate?
United States manufacturing output was larger than Britain, France, and Germany’s combined
What were some reasons for the United States market growth?
Natural resources, labor supply, large markets, and increased capital.
When did industrial production rise by 4 percent annually?
From 1870 to 1910
What were major developments of the second industrial revolution?
- modern transportation such as automobiles and trolley lines, and better communication, such as railroads, steamships and telegraph cables. 2. invention of electricity increased the efficiency and power of machinery. 3. scientific research
What was modern transportation and communication?
railroads, steamships, telegraph
How many patents were issued by the U.S. Patent Office in 1890?
almost 250,000 patents
Who was Samual Morse?
Invented the telegraph and Morse code
Who was allowed to send the first message on the telegraph?
Annie Ellsworth. She chose a passage from the Bible
Who patented the telephone in 1876?
Alexander Graham Bell
What did Graham Bell form in 1877?
Bell Telephone Company
Who established AT&T in 1885?
Alexander Graham Bell
How many telephones were in use by 1900?
800 thousand
What were some of Thomas Edison’s early inventions?
The stock ticker and electric vote recorder