• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/24

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

24 Cards in this Set

  • Front
  • Back

Patent

License giving the inventor


exclusive rights to their


invention

Mass production

making large amounts of a


product

Transcontinental Railroad

railway that went coast to coast. they started at each coast and met in Promontory UT


May 10, 1869

Edwin Drake

first to successfully drill for oil

Titusville

1st oil well

Thomas Edison

Invented the light bulb

Bessemer process

process that converts iron into steel

vertical consolidation

buying all the businesses that contribute to the production of your product

horizontal consolidation

combining all companies within an industry into one large organization

captain of industry

a businessman who built his fortune honestly and ethically

robber baron

a businessman who did illegal things to succeed

monopoly

industry dominated by one company

laissez faire

government won't interfere

Andrew Carnegie

from Scotland. Pittsburgh Steel

John D Rockefeller

from New York. Oil

Social Darwinism

the strongest businesses


succeed, the weakest fail

division of labor

people complete only one step in a production process



sweatshop

long hours, low pay, bad working conditions

captialism

individuals own and control raw materials, factories, machines, labor and capital. keep profits



labor union

organization of workers formed to protect their interests

strike

workers refuse to work

Mother Jones

fought for child labor reform

reasons why children worked in factories

family needed the money





tactics used by employers to stop labor unions

Firings, blacklist, scabs