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APUSH AMSCO MAIN POINTS OF UNIT 6 (6.5 AND 6.6) QUESTIONS AND ANSWERS
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APUSH AMSCO MAIN POINTS OF UNIT 6 (6.5 AND 6.6) QUESTIONS AND ANSWERS
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Name: Score:23 Multiple choice questions
Definition 1 of 23
A Scottish-born American industrialist and philanthropist who founded the Carnegie Steel
Company in 1892. By 1901, his company dominated the American steel industry. He used the
skill of vertical integration, which in which a company would control every stage of the
industrial process from mining raw materials to transporting the finished product. When
Carnegie retired and devoted his life to philanthropy, he sold his company to JP Morgan for
$400 million. Morgan renamed it United States Steel and was the first billion-dollar company in
the US
Andrew Carnegie
Grange Laws
George Westinghouse
The Steel Industry
Definition 2 of 23
Before the consolidation of railroads, there were separate local lines that had resulted in
different distances between tracks and incompatible equipment. Then they were consolidated
into integrated lines. Cornelius Vanderbilt used his earnings from the steamboat business to
consolidate local railroads into the New York Central Railroad in 1867.
Justifications for economic practices
Corruption and Railroads
Competition and Consolidation of Railroads
Effects of Transportation on working
,Definition 3 of 23
Explain the socioeconomic continuities and changes associated with the growth of industrial
capitalism from 1865 to 1898.
Protestant work ethic
Learning Objective (6.5)
Corruption and Railroads
Learning Objective (6.6)
Definition 4 of 23
in 1844 he demonstrated the first working telegraph. By the Civil War, electronic
communication by telegraph and transportation via railroad were becoming standard parts of
modern living, especially in the North
Samuel F.B. Morse
Packaged food
Thomas Edison and his impact
John D. Rockefeller
Definition 5 of 23
He founded a company that would eliminate the competition and takes control of the oil
industry. Standard Oil Trust controlled 90 percent of the oil in the business and it became a
monopoly, which was a company that dominates a market with little or no competition.
Standard Oil grew initially because of the new technology but Rockefeller would also extort
rebates of railroad companies and undercut the prices to force rivals to drop out.
Packaged food
John D. Rockefeller
JP Morgan
Thomas Edison and his impact
, Definition 6 of 23
Trusts- organization or board that manages the assets of other companies
Horizontal Integration - one company has control of all its former competitors in a specific
industry
Vertical integration - one company takes control of all industrial processes
Holding companies - one created to own and control diverse companies (JP MORGAN)
Critics of these giant corporations claimed that monopolies ruined economic markets and
subverted competition.
Thomas Edison and his impact
How Powerful Companies Formed
Second Industrial Revolution
John D. Rockefeller
Definition 7 of 23
Explain the effects of technological advances in the development of the United States over
time
Learning Objective (6.6)
Protestant work ethic
Learning Objective (6.5)
Corruption and Railroads
Definition 8 of 23
Before people had to live within walking distances of their jobs. Some cities were streetcar
cities where people could travel a few miles to their jobs. By 1890, subways, electric trolleys,
and elevated railroads could transport large groups of people to urban residences further
from the commercial center. The creation of bridges (like the Brooklyn Bridge) also made it
possible to make longer commutes between residential areas and city centers
Justifications for economic practices
Growth of Railroads in America
Competition and Consolidation of Railroads
Effects of Transportation on working
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