men who built america test
how did rokcefeller gain enormous influence over the railroad inductry
because railroads were needed to ship his oil everywhere
how did vanderbilt start out
born poor, he used his perseverance and intelligence to wrk his way into leadership positions in the inland water trade, and invest in the rapidly growing railroad industry
what is ford the first to do
build an automobile car
what is vanderbilt best known for
building the new york central railroad
what do the big three decide to do about bryan
buy a president they know wont turn on them
how did rockefeller spend his last years
by creating and funding foundations that had a major effect on medicine, education, and scientific research
how did morgan insure that Westinghouse and teslas AC did not take over his and edisons DC
by forcing him to turn over all patents of teslas work or else he was going to sue them knowing that westing house would have enough money to fight it
where did rockefellers empire start
cleveland ohio
what is vanderbils nickname
commodore vanderbilt
who invented electric current
edison
what does morgan ask schwab to do, and what does he tell schwab he will get in return
find out how much carnegie would sell his steel company for, he says schwab can be president of the company
now that morgan has control over both DC and AC, he still wants more profit, how does he achieve doing this
firing a huge chunk of his labor force, and those who were left were forced to work longer hours for less pay
what was standard oil the first of in the US
first great business trust
who is andrew carnegie
founder and chairman of carnegie steel company
what is rockefeller known for
founding and leading the standard oil company
after morgan bought out edison general electric, what did he change the name to
general electric
how did carnegie start his work
he began as a telegrapher and later had investments in railroads, bridges, and oil derricks
what did morgan do when he gained control of teslas patents
he bought the controlling stock in edison general electric and fired edison. he then converted GE into a plant that ran on Teslas AC current
morgan was mad that tesla and westinghouse won niagara contract, what does he do about it
he buys out westinghouse and funds tesla to complete the contract
what does rockefeller decide to do that could potentially hurt carnegie, and how does carnegie respond
he decides to build a steel plant to replace and take over carnegies, carnegie says heck no and they negotiate for months
what is the background of morgan
he grew up in a wealthy family adn was shaped by his con man father. he became an assistant bookkeeper at 16, and by 20 he had bought out his his brothers in a business they had shared
how did rockefeller end up profiting from the company splitting
he had shares in each entity with some shares doubling and tripling in their early years
who is william jennings bryan
he is a strong democratic running for prez office during the time of "the big 3"
what is the agreement carnegie comes up with, does rockefeller agree
he offers to buy all of rockefellers mines in return for rockefeller to leave steel business alone. yes rockefeller agrees
why dont the big 3 like Bryan
he speaks very harshly against them, and concerns them so they decide to join forces against bryan
what does morgan decide he wants to do with carnegies steel company
he wants to completely take over carnegies steel company
who was Andrew Carnegies business partner
henry clay Frick
where was Carnegie's Steel mill
homestead, pittsburg
what is ford sued for stealing
idea of automobile
what else did morgan tell the people would happen if mckiney didnt win
plants would close the next day because they wouldnt be able to remain in business under bryan, therefore many would loose needed jobs
who is roosevelt
politician of ppl, govenor of NY, and later VP to mckinley
how do they help mckinley to look good
pour a good bit of money into his campaign, used newspaper companies they owned to get mckinleys headlines in all articles.
what happened to rockefeller as kerosene and gasoline grew in importance
rockefellers wealth soared and he became the richest person in teh country
who went into the oil refining business with rockefeller
samuel andrews, henry flagner, and his brother william rockefeller
why did rockefeller abolish his partnership of rockefeller, andrews, adn flagler
so he could begin forming his own company, standard oil of ohio
what was the name of the dam that broke
south fork dam
before railroads, what was vanderbilts speciality
steamboats
how was the working conditions at Carnegie's steel mill
terrible and dangerous conditions and extremely low pay
who invented alternating current
tesla
who win niagra falls contract
tesla
what did rockefeller become the first of
the first billionaire in teh US with a fortune of nearl 2 percent of the nations economy
what did rockefeller believe to be the source of his success
the guiding force of religion in his life
what did breaking standard oil end
the monopoly
once carnegie sells it, what does this make carnegie
the richest man in the world
what is rockefeller considered when dealing with wealth
the richest person in modern history
what did the workers decide to do to let their boss know they werent happy and what was it called
they decided to strike, it was called the homestead strike
what did they say about bryan to make him look bad
they painted him as a religious zealot who would impose his religious ideas on americans and that he would shut down businesses
Who invented electricity
thomas edison
what does bryan promise to the people
to be the voice for the poor
what was rockefellers oil used for, what invention put a stop to oils demand, what invention brought back the demand
used for light until the invention of electricity and was needed again when the automobile came around
what is the worlds fair lit by
water power
who invested in tesla's invention
westinghouse
who is running against bryan in the republican side
william mckinley
who is charles schwab
works for carnegie
was henrys patent denied
yes
who was vanderbilts railroad rival
Thomas Scott
what does ford use to make the production of cars faster
assembly line
how many separate entities was standard oil broken into and what are some that are still known today
34, ExxonMobile, Chevron, etc.
what percent of railroads did vanderbilt eentually own
40%
what price does carnegie say he would sell his company for
480 million
at his peak, what percent of all oil in the US did rockefeller control
90%
who is cornelius vanderbilt
an american business magnate who built his wealth in railroads
who is henry ford
an american industrialist and founder of the ford motor company
who did carnegie sell his steel company to and for how much
JP Morgan for 480 million
who leads the panama canal and what does it connect
JP Morgan, it connects atlantic and pacific
who funded edison with the money to further his expanding of electricity
JP morgan
who won the election
Mckinley!!
what does Morgan change the name of carnegie steel to
US steel
was rockefeller for or against electricity and lightbulbs
against
who attemted to assassinate frick
alexander berkman
what did this cause the people to feel
in their heart they wanted bryan to win but if they wanted to keep a job, no matter how miserable it was, it seemed they had no other choice than to vote for mckinley
what did the supreme court rule in 1911 against standard oil
it must be broken into entities because of the anti trust laws
what city did the dam break occur in
johnstown, pennsylvania
how does roosevelt become prez
mckinley gets shot
what agreement had mckinley and morgan made
morgan who do all he could to help mckinley win in exchange for certain concessions on establishing a central banking structure in the future
who is john d rockefeller
oil industry business magnate
when morgan tell carnegie he will buy the company for 480 million, what does carnegie say
okay
