who is a Robber Baron - the top company owners of the time., what industry was John D Rockefeller in? - Oil, what industry was Henry Ford in? - Automotive, what industry was Andrew Carnegie in? - Steel, what industry was J.P. Morgan in? - Banking, Why was the Industrial Revolution so revolutionary? - altered the production of goods around the world - far reaching effects on economy, what country did not need to industruialize to produce cotton? - India, Before the IR, what did people do to increase income? - word at home/produce good by hand, In the IR, city populations... - grew, How did populations change during IR? - higher population, First wave of IR took place in... - England, what is a new fossil fuel used to power machines/steam engine? - coal, Who invented the steam engine in 1776? - James Watt, Who were the Robber Barons (Titans of Industry" during the second wave - Rockefeller, Vanderbilt, Carnegie, Morgan, Ford, social philosopher who didn't like industrial society - wealthy abused working class - Karl Marx (he thought socialism was a solution to poverty), Communism, Socialism, or Capitalism? "Most businesses owned by govt - communism, CSC? Individuals own and operate all businesses - capitalism, CSC? The gov owns and operates major industries - ind own small businesses - socialism, How did labor unions and reforms affect workers? - went on strike for better conditions and wages, The first was was powered by ... __ and ___ - water and coal, The second wave was powered by ...... - electricity (assembly line, vertical integration, transportation, communication, labor unions strikes),
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