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American politics

Flashcards

AB
corporationsa buisness which is owned by shareholders
trusta group of corporations run by a single board of directors
rebatesdiscounts
monopolysole control of a product or service
proprietorshipsowner operated
consolidatingcombinding small railroad companies
bessemer processa cheap way to make steel
interstae commerce actled to intersate commerce commision-which effected mostly the railroad company
sherman anti-trust actit was passed in order to stop momopolies from dominating industry
problems workers facedlow wages, long hours, poor working conditions, child labor, and lack of benifits
blacklistslist of "troublemakers" ( supporters of union) kept to prevent them for getting jobs
lockouta shut down to stop union organization in their factories
scabsreplacment workers in factories that were threaten by a strike
injunctionscourt order that says workers must return to work
collective barganingunion and owner would present wages and hours and sign a contract
arbitrationwhen union and owner cannot come to an agreement an abriation steps in to resovle the dispute
haymarket square riot1886-at a workers rally someone threw a bomb in the middle of a crowed of police 6 people killed over 60 injured causes a decline in membership for the knights of labor- chicago
Andrew carnegiescottish imigrant self made man- carnegie hall mellon university
philanthropistswealthy people who provided money for projects that benifit the public

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