QUESTION IMAGE
Question
- write one invention from each:
- sarah goode:
- granville t. woods:
- madame c.j. walker:
growth of industry
- how did immigration and farming affect the labor force?
- what role did railroads, telegraph, and telephone play in creating a national market?
- how did corporations differ from small businesses?
- what is vertical integration, and how did carnegie use it?
- what was the sherman antitrust act? why was it important?
- how did henry flagler influence floridas development?
Brief Explanations
- Sarah Goode: She invented a folding - cabinet bed, which was the first patented invention by an African - American woman.
- Granville T. Woods: He invented the multiplex telegraph, which allowed multiple messages to be sent over a single wire simultaneously.
- Madame C.J. Walker: She developed a line of African - American hair care products and invented a special hair straightening formula and related hair - care devices.
- Immigration and farming: Immigration increased the labor force size, providing workers for industrial and agricultural jobs. Farming changes could either free up labor for industry (mechanization) or require more labor (expansion).
- Railroads, telegraph, telephone: Railroads enabled mass - transportation of goods, telegraph and telephone allowed for quick communication about business deals, market prices, etc., facilitating the creation of a national market.
- Corporations vs small businesses: Corporations have more capital, limited liability for shareholders, and can operate on a larger scale compared to small businesses.
- Vertical integration: It is a business strategy where a company controls different stages of the production process. Carnegie used it to control raw materials (iron ore mines), transportation (railroads), and manufacturing in his steel business.
- Sherman Antitrust Act: It was a U.S. law passed in 1890 to prohibit monopolistic business practices. It was important to promote competition, prevent unfair business combinations, and protect consumers.
- Henry Flagler: He built railroads in Florida, which opened up the state for tourism, real - estate development, and economic growth.
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- Sarah Goode: Folding - cabinet bed
- Granville T. Woods: Multiplex telegraph
- Madame C.J. Walker: Hair straightening formula and related devices
- Immigration and farming: Immigration increased labor force size; farming changes could either free up or require more labor.
- Railroads, telegraph, telephone: Railroads for goods transport; telegraph and telephone for quick business communication.
- Corporations vs small businesses: Corporations have more capital, limited liability, and operate on a larger scale.
- Vertical integration: A company controls different production stages; Carnegie used it for steel business control.
- Sherman Antitrust Act: A law to prohibit monopolistic practices; important for competition and consumer protection.
- Henry Flagler: Built railroads that spurred Florida's development.