A | B |
Thomas Edison | inventor of incandescent light bulb |
Bessemer Process | technique used to make steel from iron |
Christopher Sholes | invented typewriter |
Alexander G. Bell | inventor of the telephone |
George Pullman | inventor of the sleeping car |
Interstate Commerce Act | law granting congress authority to regulate railroad activity |
Andrew Carnegie | steel magnate |
vertical integration | process in which a company buys out its suppliers |
horizontal integration | process in which companies producing similar products merge |
monopoly | one company controls an entire industry |
John D. Rockefeller | made money refining oil |
holding company | corporation that bought out the stock of other companies |
trust | one corporation formed by separate companies |
Sherman Anti Trust Act | law forbid any thing that was "in restraint of trade" |
Samuel Gompers | leader of the American Federation of Labor |
American Federation of Labor | union still around today that unites skilled workers |
Eugene V Debs | leader of American Railway Union |
socialism | system based on govt. control of business and property |
scab | replacement worker |
Industrial Workers of the World (IWW) | Union of radicals and socialists |
collective bargaining | negotiations between workers and mangagement to reach an agreement on wages , hours , etc. |
arbitration | negotiations between workers and management through an impartial third party |
Haymarket Riot | violence erupted outside McCormick Reaper Factory |
Social Darwinism | concept that survival fo the fittest was true in the business world |
philanthropy | action benefitting society (giving to charities) |
Robber Barons | post civil war figures who made money by legal, but unethical means |
gauge | width of the railroad track |
laissez faire | term for lack of govt. interference in business |
railroad | industry that instituted time zones. |
Powderly and Stephens | led the Knights of Labor |
Knights of Labor | union that allowed all people regardless of race, gender, or degree of skill |
Big Bill Haywood | Iww Leader |
Samuel Morse | inventor of telegraph and a code used to send messaages by telegraph |
political machine | group that controlled a political party |
graft | illegal use of political influence for personal gain |
kickback | illegal payment of a portion of one's earnings to someone else |
Tammany Hall | A powerful political machine in New York City |
Tweed Ring | Group of corrupt politicians led by Boss William Marcy Tweed |
Thomas Nast | Political cartoonist who ridiculed Boss Tweed |
patronage | giving of govt jobs to supporters |
civil service | the entire govt. administration |
Pendleton Act | Act that implemented merit system in civil service hiring |
Gilded Age | period between 1870's and 1890's where the nation appeared healthy and strong but faced corruption and a widening gap between the rich and the poor |
Boss Tweed | leader of powerful NYC political machine |
Homestead | site of Carnegie Steel strike; as a result no steel union was in effect for over 40 years |
Frederick Winslow Taylor | used Scientific management to make factories more efficient |
scientific management | studied factory production and eliminated wasted motion |
Andrew Jackson | democrat who first used the donkey as the democratic symbol |
donkey | symbol of the democratic party |
elephant | symbol of the republican party |
Wobblies | nickname for International Workes of the World |
American Railway Union | union that allowed both skilled and unskilled workers ( engineers, conductor, firemen etc) |
John & Washington Roebling | father and son duo who helped transportation by creating the first steel cable syspension bridge, the Brooklyn Bridge |