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Unit 6: The Gilded Age - Coggle Diagram

- - - - railroads
      - street cars
      - airplanes
    - - type writer
      - oil drils
      - light bulb
      - telephone
      - skyscrapers
      - mass production/assembly lines
    - - horizontal integration
        
        buying out competitors
        
        John D Rockefellar
        
        robber baron
        
        wants to make oil more useable/sustainable
        
        oil to be used in automobiles and other machines
        
        moves to control other oil refineries (his competitors)
        
        used trusts
        
        controlled 90% of oil refining in America at his peak
      - vertical integration
        
        controlling every step of the process
        
        Andrew Carnegie
        
        steel industry
        
        started in railroads
        
        wrote the gospel of truth
        
        "I should consider it a disgrace to die a rich man"
        
        maine idea: yes I have a lot of money, but I will use it do do good for everyone else
        
        invested in universities, libraries, etc
        
        gave away up to 90% of his fortune
        
        got other monopolies involved in philanthropy
- - - - abandon agrarian economy for one based on mills and factories