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83 Cards in this Set

  • Front
  • Back
black gold
coal
Edwin L. Drake
the first to drill for oil in the United States.
Titusville, PA
In 1859, oil was successfully drilled in Titusville, resulting in the birth of the modern oil industry.
Bessemer Process
industrial process for the manufacture of steel from molten pig iron
Brooklyn Bridge
one of the oldest suspension bridges in the United States,
William Le Baron Jenney
made first skyscraper
"Iron Horse"
a train
Professor C. F. Dowd
???
economic interdependence
the division of labor
Chicago stockyards
???
George M. Pullman
the inventor of the Pullman sleeping car, and for violently suppressing striking workers in the company town he created, Pullman, Chicago.
company town
Pullman was known for , and for violently suppressing striking workers in the company town he created, Pullman, Chicago.
Crédit Mobilier
formed by George Francis Train, the vice-president in charge of publicity for the Union Pacific Railroad. The company was designed to limit the liability of stockholders and maximize profits from construction
Andrew Carnegie
Scottish-born American industrialist and philanthropist who amassed a fortune in the steel industry and donated millions of dollars for the benefit of the public.
mogul
a very wealthy or powerful businessman
U. S. Steel
J. P. Morgan and Elbert H. Gary founded U.S. Steel in 1901 (incorporated on February 25) by combining the steel operations owned by Andrew Carnegie with Gary's Federal Steel Company and several smaller companies
vertical integration
united through a hierarchy and share a common owner. Usually each member of the hierarchy produces a different product or service, and the products combine to satisfy a common need.
horizontal integration
It is a strategy used by a business or corporation that seeks to sell a type of product in numerous markets
Social Darwinism
theory that competition between all individuals, groups, nations or ideas drives social evolution in human societies
Herbert Spencer
coining the phrase, "survival of the fittest
William Graham Sumner
His popular essays gave him a wide audience for his laissez-faire: advocacy of free markets, anti-imperialism, and the gold standard.
Horatio Alger
He wrote over 100 books for boys, the first, Ragged Dick, being published in 1867
oligopoly
an intermediate market structure between the extremes of perfect competition and monopoly
Jacob Riis
using his photographic and journalistic talents to help the less fortunate in New York City, which was the subject of most of his prolific writings and photographic essays
How the Other Half Lived
???
Uriah Stephens
He led nine Philadelphia garment workers to found the Knights of Labor
Knights of Labor
one of the most important American labor organizations of the 19th century. Founded by nine Philadelphia tailors in 1869 and led by Uriah S. Stephens
An injury to one is the concern
of all!
???
Terence V. Powderly
leading the Knights of Labor ("KoL"), a labor union whose goal was to organize all workers, skilled and unskilled, into one big union united for workers' rights and economic and social reform
Samuel Gompers
founded the American Federation of Labor (AFL)
American Federation of Labor
(AFL)
one of the first federations of labor unions in the United States
collective bargaining
a process of negotiation between management and union representatives for the purpose of arriving at mutually acceptable wages and working conditions for employees
closed shop
???
* open shop
???
agency shop
a place of employment where workers must pay union dues whether they are a member of a labor union or not.
boycott
the act of voluntarily abstaining from using, buying, or dealing with someone or some other organization as an expression of protest.
black-listing
A list of persons or organizations that have incurred disapproval or suspicion or are to be boycotted or otherwise penalized
injunction
a judicial process or order requiring the person or persons to whom it is directed to do a particular act or to refrain from doing a particular act.
"yellow-dog" contract
an agreement between an employer and an employee in which the employee agrees, as a condition of employment, not to be a member of a labor union
scab
slang for a person who works despite strike action
International ladies' Garment
Workers Union (ILGWU)
?
"Uprising of the 20,000"
New York shirtwaist strike of 1909
Thomas Alva Edison
created the first commercially practical incandescent lamp (with a carbon filament). For use with it he developed a complete electrical distribution system for light and power, including generators, motors, light sockets with the Edison base, junction boxes, safety fuses, underground conductors, and other devices
George Westinghouse
pioneer in introducing into the United States the high-voltage alternating current system for transmission of electricity
Christopher Sholes
invented the first practical typewriter and the QWERTY keyboard
Alexander Graham Bell
inventor of the telephone
"Mr. Watson, come here! I need you!"
first words spoken on the first telephone
Granger Laws
farmer's laws to establish maximum rate and prohibit discrimination
Munn vs. Illinois
states won the right to regulate the railroads for the benefit of farmers and consumers
Interstate Commerce Act
established the right of the federal government to supervise railroad activities ans create the ICC
Interstate Commerce Commission
regulated the railroad rates
Cornelius Vanderbilt
railroad tycoon, controlled vast majority of rail lines
JP Morgan and Co.
large investment firm that reorganized the railroads
monopoly
one leader or corporation controlling the entire industry
John D. Rockefeller
founder and owner of Standard Oil Company
holding company
a company that owns part, all, or a majority of other companies' outstanding stock
trust
merging with competing companies, running seperate companies as one large corporation
robber baron
critics' nickname for major industrialists
Standard Oil Company
oil company created by Rockefeller, became a monopoly in the oil industry
philanthropy
spending money wisely, exemplified by Andrew Carnegie
Gospel of Wealth
an essay written by Andrew Carnegie in 1889 that described the responsibility of philanthropy by the new upper class of self-made rich
Sherman Antitrust Act
made it illegal to form a trust that interfered with free trade
Ida Tarbell
one of the leading "muckrakers" of her day, work known in modern times as "investigative journalism." Wrote The History of the Standard Oil Company
socialism
general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods
Eugene V. Debs
an American union leader, one of the founders of the International Labor Union and the Industrial Workers of the World (IWW), as well as five-time Socialist Party of America candidate for President of the United States
communism
a system of social organization in which property (especially real property and the means of production) is held in common
Karl Marx
a 19th century philosopher, political economist, and revolutionary; often called the father of communism, Marx was both a scholar and a political activist
Friedrich Engels
German socialist; with Karl Marx, one of the founders of modern Communism
International Workers of the World
an international union currently headquartered in Cincinnati, Ohio, USA
Wobblies
nickname for members of the IWW
William "Big Bill" Haywood
one of the organizers of the Industrial Workers of the World (IWW)
Great Railroad Strike of 1877
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, as well as by federal troops
Haymarket Riot
outbreak of violence in Chicago on May 4, 1886. Demands for an eight-hour working day became increasingly widespread among American laborers in the 1880s. A demonstration, largely staged by a small group of anarchists, caused a crowd of some 1,500 people to gather at Haymarket Square. When policemen attempted to disperse the meeting, a bomb exploded and the police opened fire on the crowd. Seven policemen and four other persons were killed, and more than 100 persons were wounded
Homestead Strike
workers belonging to the Amalgamated Association of Iron and Steel Workers struck the Carnegie Steel Company at Homestead, Pa. to protest a proposed wage cut
Pinkertons
private U.S. security guard and detective agency established by Allan Pinkerton in 1850
Pullman Strike
workers of the Pullman Palace Car Company in Chicago struck to protest wage cuts and the firing of union representatives
arbitration
the hearing and determining of a dispute or the settling of differences between parties by a person or persons chosen or agreed to by them
In Re Debs
a United States Supreme Court decision handed down concerning Eugene V. Debs and labor unions. Debs, president of the American Railroad Union, was involved in the Pullman Strike earlier in 1894 and challenged the federal injunction ordering the strikers back to work where they would face being fired. The injunction had been issued because of the violent nature of the strike
anarchist
a political philosophy encompassing theories and attitudes which reject compulsory government (the state) and support its elimination, often due to a wider rejection of involuntary or permanent authority
Mary Harris "Mother" Jones
One of the founders of the Social Democratic party (1898) and the Industrial Workers of the World (1905)
Pauline Newman
worker at Triangle Shirtwaist Factory
Triangle Shirtwaist Factory Fire
the largest industrial disaster in the history of the city of New York, causing the death of 148 garment workers who either died from the fire or jumped to their deaths
restraint of trade
a common law doctrine relating to the enforceability of contractual restrictions on freedom to conduct business