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7 Cards in this Set

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  • Back
Transcontinental RR 1869-1899
Population increases. farm population doubled. 1st big business.large scale managment bueracracy. Opens to the west, raw materials to factories/market.
Califnornia "Big Four"
Charles Crocker
Mark Hopkins
Collis Huntington
Leland Stanford
Owners of the central pacific RR
Cornelius Vanderbilt
"commodore"
moved RR lines together and controlled them. Fortunes made and no income tax.
Andrew Carnegie
Specialized in the iron business. Dominated the steele business. Worked until bad times and gave less money during tough times. Bought out by J.P Morgan 1st billion dollar cooperation.
John D. Rockfeller
standard oil company. controlled 90% of the nations capacity. cut prices locally to force others to sell.
Robber Barons
businessmen and bankers who dominated their respective industries and amassed huge personal fortunes, typically as a direct result of pursuing various anti-competitive or unfair business practices.
captains of the industry
business leader whose means of amassing a personal fortune contributes positively to the country in some way