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Cards In This Set
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John Wanamaker
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Created one of the first deparment stores, giving consumers a variety of products under one roof. Gave consumers great deals by buying in bulk or purchasing from failing companies.
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Cornelius Vanderbilt
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Owned over 4,500 miles of railroad track and connected major cities together. Became very rich and profitable from his railroad ownership.
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John D. Rockefeller
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Used horizontal and vertical integration to gain near control of the oil industry. Owned Standard Oil. Created one of the nation's first trust. Became very rich and donated generously.
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Andrew Carnegie
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Used vertical integration to dominate the steel industry and owned the Carnegie Steel Company. Very philanthropic. Sold company to J.P. Morgan for large sum of money before retiring.
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Alexander Graham Bell
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Created the telegraph, and displayed invention at the Philadelphia Centennial Exposition. Owned the American Telephone and Telegraph, which was one of our countries' largest and longest lasting monopolies.
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Thomas Edison
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Created many communications technology. Created an invention business at Menlo Park in which he created inventions quite often.
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Samuel F.B. Morse
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Created the telegraph and the Morse code.
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J.P. Morgan
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Was involved in the Carnegie Steel Company. Owned a private banking house which eventually became the J.P. Morgan Company. Loaned money to the United States government.
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Orville and Wilbur Wright
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Created the airplane and rode on the first ever piloted flight at Kitty Hawk, NC.
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Karl Marx
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A German philosopher who came up with the idea of communism.
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