Describe inventions of Edison and their effect on US:
-Included the phonograph which is basic music player and the first motion picture camera, the lightbulb, and plans for Central power.
Describe inventions of other such as Bell, Bessemer, and Marconi:
-Alexander Graham Bell invents the telephone, by 1900 there were over 1 million telephones in US. Bessemeer developed steel which lead to skyscrapers and bridges. Guglielmo Marconi invents wireless telegraph which leads to radio.
Describe how big business tried to maximize profit:
-By decreasing workers pay, paying as little as could for raw materials, advertising widely, and funding research labs for new products.
Describe how Rockefeller and Carnegie changed big business in the US:
-Vertical integration which was lowering production cost by gaining control of all businesses that went into finished product development.
escribe how the gov regulated big business:
-Small business was bought up and squeezed out, small business in trust received very little profit, consumers harmed by high prices.
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