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;
20 Cards in this Set
- Front
- Back
|
Homestead lockout |
In 1892, a lockout of workers at the steel mill in Homestead, Pennsylvania due to Andrew Carnegie refusing to renew the union contract |
|
|
management revolution |
internal management structure used by big corporations that distinguished top executives from lower class workers |
|
|
vertical integration |
business model that said corporation controlled ALL aspects of production |
|
|
horizontal integration |
business model invented to pressure competitors and force rivals to merge their companies together or they'd go under |
|
|
trust |
a small group of associates that held stock from a group of combined firms, managing them as single entity |
|
|
deskilling |
the elimination of skilled labor in which workers completed discrete, small-scale tasks rather than crafting an entire project. Employers found they could pay workers less, and replace them more easily |
|
|
mass production |
created by Henry Ford, who helped invent a system of mass production goods by assembly of standardized parts |
|
|
scientific management |
designed by Frederick W. Taylor to coax maximum output from the individual worker, increase efficiency, and reduce production costs |
|
|
Chinese Exclusion Act |
in 1882, a law that banned Chinese laborers from entering the U.S. Continued in effect until 1940s |
|
|
Great Railroad Strike of 1877 |
Nationwide strike of 1000s of railroad workers and labor allies, who protested the growing power of railroad corporations and the steep wage cuts imposed by railroad managers during the economic depression of 1873 |
|
|
Greenback-Labor Party |
a national political movement calling on the government to increase the money supply in order to assist borrowers and economic growth |
|
|
producerism |
an argument that real economic wealth is created by workers who make their living by physical labor, such as farmers and craftsmen, and that merchants, lawyers, bankers, and other middlemen unfairly gain their wealth by such "producers" |
|
|
Granger Laws |
economic regulatory laws passed in some midwestern states in the late 1870s, triggered by pressure from farmers and the Green-back Labor Party |
|
|
Knights of Labor |
Founded in 1869, the first mass labor organization created among America's working class, attempting to build a "universal brotherhood" of ALL workers |
|
|
anarchism |
the advocacy of a stateless society achieved by revolutionary means |
|
|
Haymarket Square |
May 4, 1886, a bombing in Chicago where workers and policemen were hurt or killed during a labor protest rally by anarchists. Rally turned riot. |
|
|
Farmer's Alliance |
Rural movement founded in Texas during the depression of the 1870s that spread across the plain states and the South. Advocated cooperative stores, called for greater government aid to farmers and a stricter regulation of railroads |
|
|
Interstate Commerce Act |
an 1887 act that created the Interstate Commerce Commission, a federal regulatory agency designed to oversee railroad industry and prevent collusion |
|
|
closed shop |
a workplace in which a job seeker had to be a union member to get hired to keep out lower-wage workers and strengthen the unions bargaining position with employers |
|
|
American Federation of Labor |
in 1886, organization created by Samuel Gompers that coordinated the activities of craft unions and called or direction negotiation with employers to achieve benefits for skilled workers |
