| A | B |
|---|
| monopoly | sole economic control of a business or product |
| free enterprise | business that is free from government involvement |
| entrepreneurs | people who start new businesses |
| corporations | companies that sell shares of ownership called stocks |
| trust | legal arrangement grouping together a number of companies under a single board of directors |
| patent | exclusive right to manufacture or sell an invention |
| rural | country-like |
| urban | city-like |
| suburbs | residential neighborhoods outside a city |
| Terence Powderly | union leader - Knights of Labor |
| Samuel Gompers | union leader - American Federation of Labor |
| Knights of Labor | formed in 1869; first national labor union; included workers of different races, gender and skills |
| American Federation of Labor | formed in 1880s; an association of individual skilled craft unions |
| Pullman Strike | RR workers strike that stopped traffic on many railroad lines; federal courts ordered workers back to their jobs |
| Homestead Strike | steel workers strike that erupted in violence between strikers and private detectives; company refused to negotiate with union |
| National Grange | social and educational organization for farmers |
| Farmers' Alliances | political organizations formed by farmers to increase their power |
| free coinage | monetary system in which paper money was worth a specific amount of gold or silver |
| Interstate Commerce Commission | ensured that railroads charged fair rates and did not favor big shippers |
| Bessemer Process | less expensive, easier way to make steel; developed in the 1850s |
