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Industrialization

The American Vision
Chapter 5

AB
Bessemer ProcessMade steel faster and cheaper
RailroadsReplaced canals and wagons
John D. RockefellerOil Industry
Andrew CarnegieSteel Industry
Thomas EdisonInvented light bulb, electricity
Alexander Graham BellInvented the telephone
Large business; owned by stockholdersCorporation
Stockshares of ownership to raise $
Trusta large monopoly
Sherman Anti-trust ActGovernment law to break up trusts
Laissez FaireLet business be, No gov't involvem't
Working conditionsunsafe, long hours, low pay
Labor Unionsthought to be violent and dangerous
BlacklistIncluded names of union members not to be hired
Yellow Dog ContractA promise by workers to not join a union
VanderbiltKing of the Railroads
Haymarket RiotViolence here made unions look bad.
Chinesegroup that built much of the Central Pacific RR
Irishgroup that built much of the Union RR
Knights of LaborStarted by Terrence Powderly; first major union
tariffstaxes on imports
Homestead ActFree land for staying 5 years or more


Office: Upper Learning Center
Mentor High School
OH

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