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: phonograph, motion picture camera, light bulb, and his inventions have a lot of impact on our everyday life because they’re basic technologies we use on our everyday life
Describe inventions of other such as Bell, Bessemer, and Marconi: Bell invented the telephone which helps people communicate from close and long distances, Marconi invented the radio which is in every car in the world which also helps us hear the news and current events and music, and Bessemer develops steel which helps make houses and buildings and cars and many other things we use as humans
Describe how big business tried to maximize profit: by decreasing worker pay, paying as little as possible for raw materials, advertising widely, and funding research labs for new products
Describe how Rockefeller and Carnegie changed big business in the US: Rockefeller used horizontal integration to maximize profits, and Carnegie bought all the companies that he needed for product development
Describe how the gov regulated big business: passed laws preventing monopolies and 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