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Growth of Industry

AB
patenta government grant that allows only the inventor to make, use, and sell an invention for a certain time
pollutiondamage to the land, air, and water from harmful materials
Thomas Edisoninvented the light bulb; received 1,093 patents
oil industry"black gold" found bubbling in Titusville, Pennsylvania in 1840
steel industrychanged with the Bessemer process of making iron into steel easily and cheaply, steel became the building material for buildings, bridges, and railroad tracks
corporationa large company formed by a group of investors
monopolythe complete control of an industry by one company or person
Andrew Carnegiebuilt a steel mill empire; US STEEL
"robber barons"rich business owners who became rich because of low-paid workers
stocka share, or part, of the ownership of a company
stockholdershave a right to share in the money a corporation makes and the right to vote for a group of leaders to run the corporation
John D. Rockefellerestablished the Standard Oil Company, the greatest, wisest, and meanest monopoly known in history
farmersthe first group to ask for government action against big businesses
company towna community set up and run by a company for its workers
labor uniona group of workers that tries to help its members
striketo refuse to work until certain demands, such as higher wages or better working conditions, are met
early working conditionspoor lighting, unsafe machinery, air pollution
Breaker Boysboys that worked in the coal mines for low pay and under dangerous conditions
Haymarket Square Riota demonstration of striking laborers in Chicago in 1886 that turned violent, killing a dozen people and injuring over a hundred
The Pullman Strikein Chicago, Pullman cut wages but refused to lower rents in the "company town", the strike achieved nothing


St. Timothy Christian Academy
Plano, TX

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