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25 Cards in this Set
- Front
- Back
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Laissez faire |
Government regulation on businesses |
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Corporation |
Group that shares ownership of a business. |
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Knights of labor |
Includes all workers in a union |
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Socialism |
Favors public, not public, control of property and income |
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Social dawrwinism |
Wealth provided fitness. Best businesses survived |
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John rockfeller |
Trust. Assign stock to other companies. Oil company. |
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Protective tarrif |
Taxes on imported goods |
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Thomas edison |
Invented the lightbulb |
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Industry that spurred groth |
Railroad |
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Edwin drake |
Encouraged growth of other industries |
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Natural resources for growth |
Coal, rivers, timber. |
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Why asians and Europeans good workers |
Low pay and willing to move |
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Horario alger |
Story of rags to riches. Street life in NY. |
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Entrepreneurs |
People who invest money in product to make a profit. |
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What the invention of the lighbulb do for people |
Longer work hours and pay |
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First national park |
Yellowstone |
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Philanthropist |
Gave money to universities, libaries, and museums |
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Whar did access to capital allow corporations to do |
Technology |
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First federal agency to monitor American business |
Interstate commerce commision |
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Name of two general improvments to society |
Higher standard of living and availability to cheap goods. |
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Afl focus |
Focuses on wages, working jours, and working conditions |
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What did haymarket riots do to unions |
Made people move away from unions by violence |
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Pinkerton |
Private police force |
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Horizontal integration |
Consolidating many firms in the same business. |
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Collective bargaining |
Negotiating as a group for better working conditions and higher wages |
