Bessemer process - Study guides, Class notes & Summaries

Cornelius Vanderbilt - ans --Wealthy Railroad baron, a true symbol of the "Gilded Age," known as the Commodore. A college in Tennessee bears his name. Andrew Carnegie - ans --owned U.S. Steel and used Vertical integration to monopolize the steel industry. Gave millions to build libraries and schools. Henry Bessemer - ans --Invented the process to make high-quality steel quickly and cheaply. The process was used by Andrew Carnegie to build a monopoly in the steel industry in A...

Thomas EdisonAmerican inventor best known for inventing the electric light bulb, acoustic recording on wax cylinders, and motion pictures. Alexander Graham BellInvented the telephone Captain of Industrya business leader whose means of amassing a personal fortune contributes positively to the country in some way. Robber BaronRefers to the industrialists or big business owners who gained huge profits by paying their employees extremely low wages. They also drove their competitors out of b...

abolition - ️️the ending of legal slavery American Indian Movement (AIM) - ️️formed in 1968 to work for Native American rights Americanization movement - ️️education program designed to help immigrants assimilate to American culture anarchist - ️️a person who opposes all forms of government antebellum - ️️belonging to the period before the Civil War assimilation - ️️minority group's adaptation to the dominant culture atomic bomb - ️️bombs using a nu...

Cornelius Vanderbilt - Wealthy Railroad baron, a true symbol of the "Gilded Age," known as the Commodore. A college in Tennessee bears his name. Andrew Carnegie - owned U.S. Steel and used Vertical integration to monopolize the steel industry. Gave millions to build libraries and schools. Henry Bessemer - Invented the process to make high-quality steel quickly and cheaply. The process was used by Andrew Carnegie to build a monopoly in the steel industry in America. Steel was used to buil...

Laissez-faire A french phrase meaning "let people do as they choose." SIG: Supporters if this believed that the government should not interfere in the economy other than to protect private property rights and maintain peace Rail Roads Allows nation to expand westward, allows agriculture to expand into the Great Plains. Allows cities and towns to expand. Provides easy ways to get raw materials to factory then finished goods to market. First big business Bessemer Process New process of ste...

abolition - correct answer -the ending of legal slavery American Indian Movement (AIM) - correct answer -formed in 1968 to work for Native American rights Americanization movement - correct answer -education program designed to help immigrants assimilate to American culture anarchist - correct answer -a person who opposes all forms of government antebellum - correct answer -belonging to the period before the Civil War assimilation - correct answer -minority group's adaptation to ...

Cornelius Vanderbuilt correct answersAmerican business magnate and philanthropist who built his wealth in railroads and shipping. Jay Gould correct answersa leading American railroad developer and speculator. He was long vilified as an archetypal robber baron, whose success at business made him the ninth richest U.S. citizen in history watered stock correct answersan asset with an artificially-inflated value pools correct answersRailroad "this term" were formed in the mid-19th century...

TCI Questions and Answers Already Passed An entrepreneur is a person who assembles and organizes the resources necessary to produce goods and services. How did government policies contribute to the boom in big business? It help them grow What was one consequence of the business boom? People began moving to the cities in search of their fortunes. Why did Mark Twain call this time period "the Gilded Age"? The growing number of millionaires showed off their new wealth at every o...

Gilded Age the Gilded Age was the period following the Civil War, roughly from the end of Reconstruction in 1877 to the turn of the twentieth century. A gilded patina is "pretty" on the outside / "ugly" on the inside. Immigration European Immigration / Nativism (hatred towards immigrants) / Nativist ideals towards Irish Catholics. Chinese Exclusion Act (1882) First federal law to restrict immigration (1882) / Chinese had helped with the construction of the Transcontinental Rai...

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