Inventors and Big Business Review
Directions: Under each complete the phrase, answer the question, fill in the blank, or define the definition.
Describe inventions of Edison and their effect on US:
· He Received Over 1,000 Patents For His New Invention. Included The Phonograph Which Is Basic Music Player And The First Motion Picture Camera.
Describe inventions of other such as Bell, Bessemer, and Marconi:
· Bell- Invents The Telephone, by 1990 There Were Over 1 Million Telephones In US.
· Marconi- Invents Wireless Telegraph Which Leads To Radio.
· Bessemer—Develops Steel Which Leads On To Skyscrapers And Suspension Bridges.
Describe how big business tried to maximize profit:
· Decreasing Workers Pay, Paying As Little As Could For Raw Materials, Advertising Widely, And Funding Research Labs For New Products.
Describe how Rockefeller and Carnegie changed big business in the US:
· Rockefeller-Wanted To Consolidate All Firms In The Same Business Making One Giant Company.
Describe how the gov regulated big business:
· Gradually Workers And Small Business Owners Came To Feel Trust Monopolies, And Cartels Had An Unfair Advantage. Congress Created Interstate Commerce Commission Which Investigated Unfairness In Railroad Industry.
Subscribe to:
Post Comments (Atom)
Post shows a depth of understanding of the topic. Answers to questions are complete and in depth. 5/5
ReplyDeletePost Shows shows some effort to use their class time wisely. Most assignments are complete but there is no long term progress 4/5