Captains of Industry Word Scramble
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| Question | Answer |
| Which businessman represented the American Dream? | Andrew Carnegie |
| Andrew Carnegie background | 1. Scotland immigrant 2. poor 3. worked in railroad industry as teen 4. best telegraph operator 5. outgoing |
| Andrew Carnegie industry | steel |
| Andrew Carnegie businesses | 1. Carnegie Steel 2. United States Steel Corp |
| Who said watch the costs, and the profits will take care of themselves | Carnegie |
| Carnegie business practices | 1. vertical integration 2. undersold 3. lowered production cost 4. new tech (scales that measured steel 5. let others manage operations 6. asked for favors 7. merged US Steel Corp w JP Morgan |
| Carnegie treatment of workers | 1. treated the worst 2. low wages 3. long shifts 4. too demanding |
| Carnegie charitable donations | 1. most charitable 2. $300 mil to libraries & universities |
| John D Rockefeller background | 1. Cleveland merchant 2. competitive |
| Rockefeller industry | oil |
| Rockefeller companies | 1. Standard Oil company 2. Standard Oil Trust |
| Rockefeller business practices | 1. lowered production cost 2. vertical & horizontal integration 3. clean equipment 4. new tech improved fuel quality 5. advertised (red cans) 6. controlled transportation of oil 7. customer loyalty 8. detailed |
| Rockefeller treatment of workers | 1. fair 2. long vacations |
| Rockefeller charitable donations | 1. $500 mil to education & religious orgs |
| JP Morgan background | 1. from Connecticut 2. avoided conscription 3. family of financers |
| JP Morgan industry | finances |
| JP Morgan companies | 1. JP Morgan & Company 2. US Steel Corp 3. General Electric 4. Federal Steel |
| JP Morgan business practices | 1. vertical & horizontal integration 2.holding companies 3. sold bonds/stocks of railroads/businesses 4. reorganized bankrupt railroads 5. financed many businesses (AT&T) 6. controlled railroad network |
| JP Morgan treatment of workers | 1. didn't care 2. low wages |
| JP Morgan charitable contributions | 1. least charitable 2. "I owe the public nothing" 3. left art to NY art museum |
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kayla57575
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