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30 Cards in this Set
- Front
- Back
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Cornelius Vanderbilt
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He built his wealth in shipping and railroads and was the patriarch of the Vanderbilt family and one of the richest Americans in history.
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2. New York Central Railroad
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known simply as the New York Central in its publicity, was a railroad operating in the Northeastern United States
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3. Federal land Grants 1865-1900
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it opened west to miners and opened rang ranching
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4. Transcontinental Railroad
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a contiguous network of railroad trackage[1] that crosses a continental land mass with terminals at different oceans or continental borders
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5. Jay Gould
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The American financier Jay Gould was born in Roxbury, Delaware county, New York, on the 27th of May 1836.
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6. Panic of 1893
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a serious economic depression in the United States that began in that year.[1] Similar to the Panic of 1873, this panic was marked by the collapse of railroad overbuilding and shaky railroad financing which set off a series of bank failures.
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7. J.P. Morgan
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an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time.
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8. Bessemer Process
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the first inexpensive industrial process for the mass-
production of steel from molten pig iron |
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9. Andrew Carnegie
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a Scottish-American industrialist, businessman, entrepreneur and a major philanthropist.
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10. Vertical Integration
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a style of management control. Vertically integrated companies in a supply chain are united through a common owner. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need.
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11. U.S. Steel
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an integrated steel producer with major production operations in the United States, Canada, and Central Europe.
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12. John D. Rockefeller
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an American oil magnate. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy.
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13. Standard Oil Trust
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a predominant American integrated oil producing, transporting, refining, and marketing company.
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14. Horizontal Integration
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a type of ownership and control. It is a strategy used by a business or corporation that seeks to sell a type of product in numerous markets
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15. Anti Trust Movement
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the trusts came under widespread scrutiny and attack in the early 1800's
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16. Sherman Antitrust Act 1890
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requires the United States federal government to investigate and pursue trusts, companies, and organizations suspected of violating the Act.
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17. United States v. E.C. Knight
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a United States Supreme Court case that limited the government's power to control monopolies.
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18. Laissez – Faire Capitalism
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an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies.
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19. Adam Smith
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a Scottish social philosopher and a pioneer of political economy.
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20. Gospel of Wealth
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was the term for a notion promoted by many successful businessmen that their massive wealth was a social benefit for all.
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21. Transatlantic Cable
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was the first cable used for telegraph communications laid across the floor of the Atlantic Ocean.
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22. Alexander Graham Bell
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was an eminent scientist, inventor, engineer and innovator who is credited with inventing the first practical telephone.
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23. Sear Roebuck
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an American chain of department stores which was founded by Richard Warren Sears and Alvah Curtis Roebuck in the late 19th century.
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24. Horatio Alger
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a prolific 19th-century American author, best known for his many formulaic juvenile novels about impoverished boys and their rise from humble backgrounds to lives of respectable middle-class security and comfort through hard work, determination, courage, and honesty.
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25. Railroad Strike of 1877
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began on July 14 in Martinsburg, West Virginia, United States and ended some 45 days later after it was put down by local and state militias, and federal troops.
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26. National Labor union
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was the first national labor federation in the
United States. |
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27. Knights of Labor
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was the largest and one of the most important American labor organizations of the 1880s.
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28. Terence V. Powderly
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was born in Carbondale, Pennsylvania, the son of Irish Catholic immigrants.
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29. Haymarket Bombing
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was a demonstration and unrest that took place on Tuesday May 4, 1886, at the Haymarket Square[3] in Chicago.
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30. American Federation of Labor
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was one of the first federations of labor unions in the United States. It was founded in 1886 by an alliance of craft unions disaffected from the Knights of Labor, a national labor association.
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