| A | B |
|---|
| Bourgeiosie | Wealthy factory owners, upper class |
| Proletariat | Poorer working class |
| Entrepreneur | Anyone who owns a business |
| Capitalism | Economic system based upon private ownership of businesses. Competition is the key. |
| John Rockefeller | Owner of Standard Oil |
| Bessemer Process | New method to produce steel that was stronger and cheaper |
| Andrew Carnegie | Owner of Carnegie Steel - sold it to JP Morgan |
| JP Morgan | Wealthy banker who bough Carnegie Steel |
| Cornelius Vanderbilt | Railroad baron |
| Monopoly | To eliminate competition within an industry |
| Robber Barons | Group of businessmen who amassed a huge fortune through questionable methods |
| Horizontal Integration | To buy up smaller business within your industry |
| Vertical Integration | To own all phases of production |
| Stocks | A share in a corporation |
| Corporation | Company that issues stock in order to raise capital |
| Sherman Anti-Trust Act | Ineffective law that banned trusts and monopolies |
| American Federation of Labor | Union for skilled workers only |
| Samuel Gompers | Founder of the AFL |
| Knights of Labor | Union that included women, unskilled laborers, and African-Americans |
| Terence Powderly | Leader of the Knights of Labor |
| Triangle Shirtwaist Fire | Fire that killed over 100 women in a factory |
| Haymarket Riot | Protest that turned to a riot in Illinois - led to decline in Knights of Labor membership |
| Homestead Strike | Violent strike at one of Carnegies steel plants |
| Immigrate | To come into a country |
| Emigrate | To exit a country |
| Ellis Island | Processing center in New York City - immigrants were inspected for disease and marked with chalk if they had a problem. Most passed through Ellis island into US. Some were deported. |
| Nativist | A person who feels that native culture is superior to foreign culture |
| Chinese Exclusion Act | Law that banned Chinese immigrants for 10 year periods |
| Old Immigrants | Pre 1880 - from N and W Europe |
| New Immigrants | Post 1880 - from S and E Europe |
| Steerage | Section of ship where most poor people rode - hot, loud, cramped |
| Suburbs | Nicer areas outside of cities |
| Settlement House | Place to help the poor inside the cities |
| Hull House | Chicago settlement house created by Jane Addams |
