| A | B |
|---|
| Network | a system of connected railroad lines |
| Consolidate | When many companies become combined |
| Cornelius Vanderbilt | He was one of the most powerful railroad robber barons |
| James Hill | He owned the Great Northern Railroad |
| Rebates | Railroads offered these to their largest customers |
| Pool | Railroad companies divided up business in an area and then fixed their prices at a high level |
| The Populist Party | They called for government regulation of the railroads |
| John D. Rockefeller | He controlled 90 percent of the nations oil |
| Bessemer Process | This enabled steelmakers to produce strong steel at a lower cost |
| Pittsburgh | Became the center of the steel industry |
| Andrew Carnegie | He controlled 60 percent of the nations steel |
| Vertical Integration | The process of controlling all of the steps required to change raw materials into finished products |
| Philanthropist | a person who donates money to charitable contributions |
| Capital | money |
| Corporation | A business owned by many inventors |
| Stock | Shares in a business purchased by investors |
| Dividend | A share of a corporation's profit |
| J.P. Morgan | Became the most powerful banker in the late 1800s |
| U.S. Steel | Was the first one billion dollar company |
| Trust | A group of corporations run by a single board of directors |
| Monopoly | A company that controls all or nearly all the business of an industry |
| Free Enterprise System | Businesses owned by private citizens |
| Sherman Antitrust Act | Banned the formation of trusts and monopolies |
| Cryus Field | Invented the first underwater telegraph across the Atlantic Ocean |
| Alexander Graham Bell | Invented the telephone |
| Thomas Edison | Known as the "Wizard of Menlo Park" |
| Assembly Line | Method of producing in which workers add parts to a product that moves on a belt |
| Mass Production | Means of making large quantities of a product quickly and cheaply |
| Knights of Labor | Fought for shorter hours and an end to child labor |
| Terence Powderly | He was the President of the Knights of Labor |
| Haymarket Riot | Marked the end of the Knights of Labor |
| American Federation of Labor | Became the most powerful labor union by 1904 |
| George Pullman | Cut his workers pay, but did not lower their rents |
| Pullman Strike | Was a major setback for organized labor |
| Injunction | A court order to do or not do something |
| Mother Jones | Campaigned for improvements in working conditions of laborers |
| ILGWU | An organization of garment workers who fought for better work condtions |
| Triangle Fire | Over 150 people were killed because the doors were locked |
| George Eastman | Invented the lightweight Kodak camera in 1888 |
| Railroads | Were responsible for the growth of industry in the U.S. during the late 1800s |
