| A | B |
| Alexander Graham Bell | telephone |
| Andrew Carnegie | steel |
| John D. Rockefeller | oil |
| Edwin Drake | pumping the oil underground |
| Cornelius Vanderbuilt | railroad |
| George Pullman | traveling sleeping cars on trains |
| Goodyear | tires |
| Wright brothers | airplane |
| Igor Skirosky | helicopter |
| Nickolas Otto | car engine |
| Henry Bessmer | Bessemer steel process |
| George Westinghouse | air brakes for trains |
| patents | exclusive rights to manufacture or sell inventions |
| capitalism | private businesses own and operate most industries |
| entrepreneurs | people who start new businesses |
| vertical integration | ownership of businesses involved in EACH step of manufacturing process |
| corporation | companies that sell shares of ownership in order to raise money |
| stock | shares in a company |
| trust | grouping of companies under one board of directors to eliminate competition |
| Standard Oil Company | John D. Rockefeller |
| J.P. Morgan | banking |
| farm equipment | John Deere |
| flour milling | Pillsbury |