Card Set Information
a move away from agriculture to industry
injecting air into molten iron to remove the carbon and transform it into steel
who was the biggest customer of steel companies?
founded in 1872 in Jefferson county. Alabama where two railroads planned to join.
Who perfected the light bulb
In !876 he along with Thomas watson invented the telephone
alexander graham bell
entered the steel business in 1873
stared standard oil company
John D. Rockefeller
one corporation buys out the stock of another
complete control over an industry production, quality, wages paid, and prices changed.
introduced by British philosopher Herbert Spencer
critics of people like Carnegie and Rockefeller called them ______________
Carnegie believed people should be allowed to make as much money as possible, but should pass it on to worthy causes
Gospel of Wealth
congress became concerned that expanding corporations would smother free competition
Sherman antitrust act
his stories spoke of lowly people who make it big