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32 Cards in this Set
- Front
- Back
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What is a Patent?
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A guarantee to protect an inventor's right to make, use or sell the invention.
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What is a transcontinental railroad?
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A single rail line from Omaha, Nebraska to the Pacific Ocean
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What is a telegraph?
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Communication over telegraph lines that used the Morse code
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What is a trunk line?
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Major railroads connected to outlying areas by feeder or branch lines
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What is capitalism?
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Economic system in which private business runs most industries and competition determines how much goods cost and workers se paid
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What is social darwinism?
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The idea of using Charles Darwin's theory of evolution in society
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What is communism?
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A government where the government runs and owns anything
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What is Social Darwinism?
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The theory of using Charles Darwin's theories of natural selection and evolution and placing them in to society
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What is a trust?
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A group of companies turn control of their stock over to a common board of trustees.
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What is a monopoly?
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A company at has almost complete control over the price of a product.
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What is horizontal integration?
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A company that has control over the other companies producing the same products.
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Who is Cornelius Vanderbilt?
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A pioneer of the railroad industry.
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Who is George Pullman?
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One of the most successful railroad giants
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What is capitalism?
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A private business runs midst industries
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What is horizontal integration?
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One companies control of other companies producing the same product
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What is the Sherman Antitrust Act?
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An act that outlawed all monopolies and trusts that restrained trade.
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What is the Great Upheavel?
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Violent labor confrontations that had workers pressing for better working conditions
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What are anarchists?
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People who oppose all forms of government
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What was the Haymarket Riot?
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A giant riot that turned very violent.
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What is the Bessemer Process?
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A method used in the steel industry that could produce much more steel in one day than other companies could in a week
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Who was Edwin L. Drake?
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A man who used a steam engine to drill for oil
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Who was Elijah Drake?
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The man who invented a lubricating cup that fed oil to parts of a machine while it was running
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What was the transcontinental railroad?
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A railroad that stretched all the way across the United States
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What are trunk lines?
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Major railroads
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Who was George Westinghouse?
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The man who developed the compressed air brake
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What is a telegraph?
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A form of communication that used morse code to decode and encode a message, that are send along lines to another telegraph
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Who was Alexandra Grahm Bell?
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The man who invented the telephone
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Who is John D. Rockefeller?
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The man who owned Rockefeller and Oil who also used vertical and horizontal integration
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Who is Cornelius Vanderbilt?
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Pioneer of the railroad industry and had control New York Central Railroad
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Who was George Pullman?
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One of the industrial revolutions most successful who manufactured and designed railroad cards to make them more comfortable
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Who was Andrew Carnegie?
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A genius in the business industry. He used vertical integration to blow out other competition. He owned Carnegie and Steel
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What is a corporation?
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A business that has trusts, and has many different people
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