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Industrialization

AB
Edwin L. Drakesuccessfully used a steam engine to drill for oil in Pennsylvania
Bessemer Processa cheap and efficient process for making steel, developed around 1850
Thomas Alva Edisonestablished the world's first research lab and perfected the incandescent light bulb. Created an entire system for producing and distributing electrical power
Christopher SholesInvented the typewriter in 1867
Alexander Graham BellInvented the telephone
transcontinental railroada railroad line linking the Atlantic and Pacific coasts of the United States, completed in 1869
George M. PullmanBuilt a factory for manufacturing sleeper and other railroad cars. Created a town for his employees
Interstate Commerce Acta law, enacted in 1887, that reestablished the federal government's right to supervise railroad activities and created a fivemember Interstate Commerce Commission to do so.
vertical integrationa company's taking over its suppliers and distributors to gain total control over the quality and cost of it's product
horizontal consolidationthe merging of companies that make similar products
Social Darwinisman economic and social philosophy-supposedly based on the biologist Charles Darwin's theory of evolution by natural selection-holding that a system of unrestrained competition will ensure the survival of the fittest
monopolya complete control over and industry, achieved by buying up or driving out of business all competitors
holding companya corporation formed to buy up the stock of other companies and thus create a monopoly
John D. Rockefellerhead of the Standard Oil Company
trusta method of consolidationg competing companies, in which participants turn their stock over to a board of trustees, who run the companies as one large corporation
Sherman Anti-Trust Acta law, enacted in 1890, that was intended to prevent the creation of monopolies by making it illegal to establish trusts that interfered with free trade
Samuel GompersPresident of AFL, helped organize skilled workers
American Federation of Laboran alliance of trade and craft unions, formed in 1886
collective bargainingnegotiations between the representatives of workers and employers to reach agreement on wages, benefits, ahours, and working conditions
Eugene V. DebsSocialist who organized skilled & unskilled workers
socialisman economic and political system based on government ownership of business and property and on equal distribution of wealth
Industrial Workers of the Worlda labor organization for unskilled workers, formed by a group of radical unionists and socialists in 1905
scabsa person who works while others on on strike
Mary Harris "Mother" Jonesone of the most prominent organizer in the women's labor moviement. Supporeted the Great Strike of 1877 and joined the United Mine Workers of America


Shawnee, KS

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