Friday, April 5, 2013

American History

Protective Tariff: a tax on imported goods that is mean to protect nations businesses from foreign countries.

Entrepreneur: a person who uses his or her money to start a new business.

Patillo Higgins: Began the industrial renewing by discovering oil in Texas Edwin Drake: Used a go engine to drill for oil near Titusville, Pennsylvania.

George Westinghouse: made electricity safer, and cheaper.

Christopher Sholes: Invented the typewriter in 1867 Alexander Graham Bell: Invented the telephone.

Thomas Edison: Became the groundbreaker in the new industrial frontier when he ceremonious the first research laboratory, also invented the incandescent light bulb.

E. I. Dupont: distributed widespread of shootpowder Elisha Otis: built the passenger elevator Richard Gatling: invented the gatling gun Lewis Waterman: perfected the fountain pen A & adenylic acid; P: first grocery store Frank Wolworth: change mass germinated products Montgomery Ward: Pioneer mail show shopping Guglielmo Marconi: wireless telegram Levi Strauss: 1st denim blasphemous jeans George Pullman: built a factory for manufacturing sleeping cars for trains Andrew Carnegie: STEEL KING, produced ¼ of the nations steel, possess all steps of steel making, was nice to his employees.

JP Morgan: Head of largest head-to-head banking house in America , purchased Carnegie Steel, then conflated it with anformer(a)(prenominal) steel companies to form U.S. Steel. Became 1st billion-dollar corporation.

Jay Gould: hale consolidator, combined little railroads with bigger ones.

Cornelius Vanderbilt: Railroad tycoon, bought many things.

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Horatio Alger: He wrote the Rags to Riches bosh Ida Tarbell: journalist who worked to expose Rockerfellers evil business techniques.

Standardized sizes: came from the manpower in the army Standard Times zones: came form the railroad industry Mergers: Horizontal: when a company produces similar products merge Vertical: to buy out all the steps of the products return Conglomerate: To buy other businesses that having nothing to do with the other business.

Mass production: using an assembly line to produce goods quicker and with less manpower Problems in work behind: 1.work became...

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