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2nd Industrial Revolution

AB
Andrew CarnegieThe creator of U.S. Steel
J.D. RockefellerThe owner of Standard Oil Company.
Cornelius VanderbiltHe owned a majority of the railroads in the U.S.
Social DarwinismThe strong will gain more wealth and the weak will not.
Eugene V. DebsThe leader of the Pullman Palace Car Strike.
TrustCombining multiple corporations to give control to a board of trustees which control almost an entire industry
MonopolyOwning all aspects of a particular product or industry so there is no competition.
Vertical IntegrationWorking to own all aspects within one industry.
Horizontal IntegrationWorking to own all aspects of an industry including the transportation of goods and manufacturing of all parts
Pullman StrikeA strike against the Pullman Palace Car Company due to unfair business practices
Bessemer ProcessThe process of blowing air through molten iron to create steel
American Federation of LaborOne of the first labor unions in the U.S. that was created by Samuel Gompers
Triangle Shirtwaist FactoryA tragedy in New York in which female workers were locked in as a fire broke out burning them alive
Sherman Antitrust ActThe first U.S. measure to prohibit trusts and monopolies from forming
Haymarket AffairA labor union riot in Chicago that was started by protestors throwing a bomb into a crowd of police and they retaliated killing 4 civilians.
Samuel GompersCreated the AFL



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