1. Bell ringer What are some of the effects of urbanization? (Think back to Friday’s urban game activity.)

2. Tycoons of Industry Big businessmen of the Second Industrial Revolution

3. Types of businesses Corporations –Business owned by stockholders (people who buy shares of the company) Trusts –Companies merge to gain advantage Trusts –Companies merge to gain advantage

4. Monopolies –When a trust gained complete control over the industry

5. Entrepreneurs Risk takers who use their money & talents to launch new ventures

6. Leland Stanford Leland Stanford was a business tycoon, a wealthy, powerful person in business or industry co-founder of the Central Pacific Railroad creator of Stanford University, and the governor of California. Leland Stanford was a business tycoon, a wealthy, powerful person in business or industry co-founder of the Central Pacific Railroad creator of Stanford University, and the governor of California.

7. Transcontinental railroad

8. Effects of expansion promoted trade provided new jobs new towns standard time zones

9. An original steam engine

10. Steam locomotive

11. Andrew Carnegie Andrew Carnegie a millionaire in the steel business by putting all his competitors out of business He created U.S. Steel in Pittsburgh. Andrew Carnegie a millionaire in the steel business by putting all his competitors out of business He created U.S. Steel in Pittsburgh.

12. Smoke stacks of a factory

13. Effects of steel With the invention of steel, buildings could be made much taller. Steel was much harder than iron, which would bend if made too tall. The steel industry created many new products, and led to the invention of the car.

14. John D. Rockefeller John D. Rockefeller became the richest man in the world in the oil business. He created Standard Oil Company. Oil began being used in all types of machines, like cars.

15. Henry Ford Henry Ford invented the first practical car, the Model T. The car had been invented earlier, but Ford was the first to make the car affordable. Henry Ford invented the first practical car, the Model T. The car had been invented earlier, but Ford was the first to make the car affordable.

16. Social Darwinism Belief that people, businesses, & countries that were strong would prosper, while the weak would fail