Capital Money for investment in industry. George M. Pullman Developed a luxury sleeping car for...
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Transcript of Capital Money for investment in industry. George M. Pullman Developed a luxury sleeping car for...
![Page 1: Capital Money for investment in industry. George M. Pullman Developed a luxury sleeping car for overnight.](https://reader036.fdocuments.us/reader036/viewer/2022072014/56649e895503460f94b8e28e/html5/thumbnails/1.jpg)
capital
Money for investment in
industry
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George M. Pullman
Developed a luxury sleeping car for
overnight
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philanthropy
The use of money to benefit a community
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Standard Oil Company of Ohio
Organized by John D. Rockefeller
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George Eastman
Invented the Kodak camera
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Pittsburgh
Leading producer of steel in the
U.S.
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Time zones
Developed in order to coordinate train
schedules
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Knights of Columbus
Formed in 1869 to protect workers’ rights
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Assembly line
Allowed mass production of goods
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consolidation
Large companies expand by buying
smaller companies or driving them out of
business
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pools
Secret agreements among railroad barons
that eliminated competition
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Child labor
Children under the age of 16 who worked in
factories and in agriculture
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Henry Ford
Began designing cars at his own company
in 1903
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monopoly
Total control by a single producer
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Alexander Graham Bell
Invented the telephone
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corporation
A company that sells stock to the public to
raise capital
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Thomas Edison
Invented the light bulb and designed power
plants
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Haymarket
Site of a riot among striking workers that
resulted in the deaths of several people
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Factors of production
Land, labor, and capital
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Railroad barons
A few powerful individuals who
controlled rail traffic