Monday, March 8, 2010

Investors and Big Business

Describe inventions of Edison and their effect on US: Invented light bulb and different forms of electricity helped reach homes with electricity.

Describe inventions of other such as Bell, Bessemer, and Marconi: Bell invented the telephone, Bessemer developed steel and Marconi invented the wireless telegram.

Describe how big business tried to maximize profit:
By decreasing workers pay and forming monopolies.

Describe how Rockefeller and Carnegie changed big business in the US: Rockefeller used horizontal integration.

Describe how the gov regulated big business: Gov. set up acts to look into big business.

1 comment:

  1. Post shows some undertanding of topic. Answers to questions are correct but not in depth. 4/5
    Post Shows shows some effort to use their class time wisely. Most assignments are complete but there is no long term progress 4/5

    ReplyDelete