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The Rise of Industry-Chapter 19

Watch the United States launch into the Industrial Age, where it establishes itself as a world giant.

AB
John RockefellerThe shrewd business owner of Standard Oil
J.P. MorganAn investment banker who controlled many corporations
Andrew CarnegieThe steel king who gave millions to charities
IndustryThe growth of this made the U.S. wealthy
RailroadsMoved goods/people cheaply; connected the U.S.
Gaugesthe width of a track, at first they were different!
consolidationLarger companies bought out smaller companies (and combined them)
Cornelius VanderbiltThe ruthless king of the Railroad
rebatesgiving discounts to wealthy customers
pooldividing up businesses to "fix" prices
price fixingagreeing with competitors on high prices


8th Grade Civics Teacher
Luther Jackson Middle School
Falls Church, VA

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