| A | B |
|---|
| Led by Samuel Gompers, this union was a collection of different trade unions. This union accepted capitalism and pushed for small workers gains (better wages, conditions etc.) | American Federation of Labor |
| Scottish immigrant who pioneered the steel industry | Andrew Carnegie |
| Railroad company that built part of the nation's first transcontinental railroad from Sacremento, California. | Central Pacific Railroad |
| Known as "the commodore," this man reorganized and consolidated many of the eastern railroad companies, making them bigger, leaner and meaner. | Cornelius Vanderbilt |
| A scandal that involved corrupt Union Pacific owners creating a dummy company that fleeced Union Pacific investors by overcharging for construction | Credit Mobilier |
| Corrupt time period US politics from 1865 to 1900 | Gilded Age |
| Theory of Andrew Carnegie, which explained that wealth in the hands of a priviliged few was the best way to advance the nation's economy; however, the wealthy should give away some of their money to look after their fellow men | Gospel of Wealth |
| Chaotic labor rally that saw a bomb thrown, killing several policemen. The Knights of Labor became associated with anarchism as a result of this. | Haymarket Square Riot |
| A strike at a Carnegie-owned steel mill that was brutally put down by Henry C. Frick | Homestead Strike |
| Passed by Congress in 1887 after the Wabash v Illinois Supreme Court decision (which denied the power of states to regulate railroads), this act represented the FIRST time the Federal government was responsible for regulating business. It was supposed to regulate railroads, but it was not very revolutionary at first. | Interstate Commerce Act |
| The bankers' banker -- he made his money by lending money. He bailed out the government in the early 1890s. | JP Morgan |
| This man cornered the oil market, turning Standard Oil into a powerful monopoly through horizontal integration | John D. Rockefeller |
| An important early labor union that wanted to change society. It saw a future where workers would collectively own factories etc. This group accepted various races and women into its ranks, declining after the Haymarket Square Riot. | Knights of Labor |
| Popularized by Southern journalist Henry Grady, this term refers to the hope that the South would transform its economy and become more industrial. While some industry did go South, the Southern economy remained largely agricultural. | New South |
| Passed by Congress in 1890, this marked the first attmpt by the federal government to regulate monopolies. Vaguely worded, it accomplished little. | Sherman Anti-Trust Act |
| Railroad speculators exaggerated the claims of railroads, driving the stock price upwards. Later, unwary stock holders would be left holding over-priced stock | Stock Watering |
| Started in 1862, finished in 1869, this joined the East to the West | Transcontinental Railroad |
| These became common in the 1880s / 1890s as business owners became convinced that "bigger was better." These huge businesses monopolized various industries | Trusts |
| The company that built the Eastern section of the transcontinental railroad (from Omaha, Nebraska to Utah) | Union Pacific Railroad |
| Methods of increasing business efficiency by 1) controlling all companies in the steps of production OR 2) buying up rival companies | Vertical / Horizontal Integration |
| Supreme Court case that forbade states from regulating railroad companies because they were engaged in interstate commerce | Wabash v Illinois |
