More industrial revolution (political cartoons and big business) – Flashcards
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Political cartoon
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An illustration that is designed to send a social or political message
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Goal of political cartoon
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To make you think about events
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Where you find political cartoons
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Newspapers
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Monopoly
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Company that has complete control over an entire industry (including the price of the product)
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Factors of production
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Raw materials (land); workers (labor); new ideas (technology); capital equipment (manufacturing goods)
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Monopoly of oil; standard oil company
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Rockefeller
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Monopoly of steel; Bessemer process
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Andrew Carnegie
