A | B |
Bessemer Process | System that allowed iron ore to be refined into steel faster |
Patent | Exclusive right to manufacture and sell an invention |
Free Enterprise | Business that is not regulated by the government |
Entrepreneurs | People who organize new businesses |
Corporations | Companies that sell shares of their ownership |
Vertical Integration | Used by Carnegie to own all the steps in makes steel |
Horizontal Integration | Used by Rockefeller to buy up all the oil refineries |
Trust | Legal agreement to group a number of companies under one board of directors |
Sherman Anti-trust Act | Law that outlawed monopolies |
Collective Bargaining | Union leaders negotiated for the entire work force |
Knights of Labor | The labor union that allowed all men and women to join |
AFL | The labor union that only allowed skilled workers to join |
Homestead Strike | Conflict between steel workers and Henry Frick which escalated into a shoot-out between workers and the Pinkertons |
Pullman Strike | Conflict that ended when the government forced workers back to their jobs because they refused to pull mail cars |
Old Immigrants | People from Western and Northern Europe who came before 1880 |
New Immigrants | People from Southern and Eastern Europe who came after 1880 |
Steerage | Area on a ship where many immigrants had to travel |
Benevolent Societies | Groups that helped immigrants to find jobs or homes |
Chinese Exclusion Act | Prohibited people from China from immigrating into our country |
Immigration Restriction League | Group that wanted to demand that all immigrants prove they could read or write before being allowed into the U.S. |
Suburbs | Residential neighborhoods outside of downtown areas |
Hull House | Famous settlement house that helped immigrants |
National Grange | Social and educational organization that helped farmers |
Interstate Commerce Act | Law that helped regulate trade between states |
Interstate Commerce Commission | Organization that made sure railroads charged fair rates |
Free Coinage | Gold and Silver were coined and paper money was worth a certain amount of gold and silver |
Gold Standard | Declared that only gold, not silver, could back up paper money |
Farmers Alliance | ORganization to elect candidates and achieve policies favorable to farmers |
Populist Party | Farmers political party that strived for government owned RR's and free coinage |
Andrew Carnegie | King of steel who used vertical integration |
John D. Rockefeller | Oil baron who used both vertical and horizontal integration |
Thomas Edison | Invented the light bulb |
Charles Duryea | Invented the first motorized car |
Drakes Folly | The nickname for the first oil well |
William Jennings Bryan | Democratic nominee who was supported by the Populist Party but lost |
Wright Brothers | First person to put motor on a glider |