1.  Andrew Carnegie  John D Rockefeller  Thomas Edison  Alexander Graham Bell  Cornelius Vanderbilt  Monopoly  Oil baron  Invented the telephone  Founded General Electric  Made money in transportation and construction  Steel industry  When a person or company controls all aspects of a market

3. http://www.history.com/videos/history-of-the-holidays- the-story-of-labor-day#history-of-the-holidays-the-story- of-labor-day ASSEMBLY LINE - Process in which parts are added to a product in sequential order using optimally planned logistics to create a finished product much faster than with handcrafting-type methods INTERCHANGEABLE PARTS – parts that are essentially identical which makes for easy assembly and repair (the candy)

4. http://www.history.com/shows/america-the-story-of- us/videos/henry-ford-and-the-model-t#henry-ford-and-the- model-t

6.  Innovated “mass production” Division of labor Use of unskilled labor Interchangeable parts Assembly lines  Known for treating employers better than most  The Model T car

7. One of the founders of US Steel Andrew Carnegie

8.  Made fortune through transportation and building  Vanderbilt

9. First billionaire in the world Created a monopoly by controlling all aspects of oil production and distribution John D Rockefeller

10.  Create an assembly line to create seasonal product (pot at the end of the rainbow)  Each row represents an assembly line  You will have 5 minutes to plan your logistical strategy with your factory workers  Each time an item drops off of you desk, it constitutes an “accident” and you have a ten second delay