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53 Cards in this Set
- Front
- Back
What is Bessemer process?
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Efficient method of making steel; developed by british inventor Henry Bessemer and American William Kelly in the 1850's.
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Who is Edwin L. Drake?
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was the one that used a steam engine to drill for oil near Titusville, Pennsylvania, in 1859.
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Who is Elijah McCoy?
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made a significant contribution on the industrial use of oil.
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What is a patent?
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is a guarantee to protect an inventor's rights to make, use, or sell the invention.
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What is a transcontinental railroad?
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is a railroad that crossed the continental United States; completed in 1869.
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What are trunk lines?
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are major railroads that connected to outlying areas by feeder or branch lines.
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Who is George Westinghouse?
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was the one that developed a compressed-air brake.
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What is a telegraph?
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is a machine patented by Samuel Morse in 1837 that sent messages over long distances by using electric current to transmit a system of dots and dashes over wire.
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Who is Alexander Graham Bell?
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in march 1876 the talking telegraph or telephone had an even greater impact.
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Who is Thomas Alva Edison?
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was another pioneer of communications technology.
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Who is Lewis Latimer?
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was the one that developed a globe supporter for the electric lightbulb in 1882.
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What is capitalism?
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is a Economic system in which private business runs most industries, and competition determines how much goods cost and workers are paid.
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Who is Horatio Alger Jr.?
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published a popular series of novels that reflected the increasing importance placed on individualism.
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What is free enterprise?
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Belief that the economy will prosper if business are left free from government regulation and allowed to compete in a free market.
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What is communism?
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Political theory that proposes individual ownership should not be allowed, but rather all people should collectively own property and the means of production.
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What is social Darwinism?
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Theory adapted by philosopher Herbert Spencer from Charles Darwin's theory of evolution; argued that society progressed through competition, with the fittest rising to positions of wealth and power.
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What is corporation?
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Company that sells shares of ownership, called stock, to investors in order to raise money.
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Who is Andrew Carnegie?
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urged them to invest in stocks as he had.
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What is monopoly?
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Exclusive economic control of an industry.
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What is vertical integration?
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that is he acquired companies that provided the materials and services upon which his enterprises depended.
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Who is Lewis Latimer?
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was the one that developed a globe supporter for the electric lightbulb in 1882.
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What is capitalism?
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is a Economic system in which private business runs most industries, and competition determines how much goods cost and workers are paid.
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Who is Horatio Alger Jr.?
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published a popular series of novels that reflected the increasing importance placed on individualism.
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What is free enterprise?
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Belief that the economy will prosper if business are left free from government regulation and allowed to compete in a free market.
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What is communism?
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Political theory that proposes individual ownership should not be allowed, but rather all people should collectively own property and the means of production.
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What is social Darwinism?
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Theory adapted by philosopher Herbert Spencer from Charles Darwin's theory of evolution; argued that society progressed through competition, with the fittest rising to positions of wealth and power.
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What is corporation?
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Company that sells shares of ownership, called stock, to investors in order to raise money.
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Who is Andrew Carnegie?
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urged them to invest in stocks as he had.
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What is monopoly?
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Exclusive economic control of an industry.
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What is vertical integration?
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that is he acquired companies that provided the materials and services upon which his enterprises depended.
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Who is Lewis Latimer?
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was the one that developed a globe supporter for the electric lightbulb in 1882.
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What is capitalism?
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is a Economic system in which private business runs most industries, and competition determines how much goods cost and workers are paid.
|
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Who is Horatio Alger Jr.?
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published a popular series of novels that reflected the increasing importance placed on individualism.
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What is free enterprise?
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Belief that the economy will prosper if business are left free from government regulation and allowed to compete in a free market.
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What is communism?
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Political theory that proposes individual ownership should not be allowed, but rather all people should collectively own property and the means of production.
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What is social Darwinism?
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Theory adapted by philosopher Herbert Spencer from Charles Darwin's theory of evolution; argued that society progressed through competition, with the fittest rising to positions of wealth and power.
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What is corporation?
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Company that sells shares of ownership, called stock, to investors in order to raise money.
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Who is Andrew Carnegie?
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urged them to invest in stocks as he had.
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What is monopoly?
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Exclusive economic control of an industry.
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What is vertical integration?
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that is he acquired companies that provided the materials and services upon which his enterprises depended.
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Who is John D. Rockefeller?
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one founder of the standard oil company followed a course similar to Andrew Carnegie's
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What is horizontal integration?
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one company's control of other companies producing thr same product.
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Who is Cornelius Vanderbilt?
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was a pioneer of the railroad industry.
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Who is George Pullman?
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was one of the most successful railroad giant.
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Who is Sherman Antitrust Act?
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which outlawed all monopolies and trusts that restrained trade.
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What are knights of labor?
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are more successful early national union.
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Who is Terence V. Powderly?
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is an Irish Catholic machinist and the mayor of Scranton, Pennsylvania, became its leader.
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Who is Mary Harris Jones?
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was the one who played prominent roles in the union .
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What is Great Upheaval?
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Year of intense worker strikes and violent labor confrontations in the United States.
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What is a Haymarket Riot?
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Incident in which a bomb exploded during a labor protest held in Haymarket Square in Chicago, killing several police officers.
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What are Anarchists?
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people who oppose all forms of government.
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What is a American Federation of Labor?
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a new union founded by Samuel Gompers in 1886.
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What is Eugene V. Debs?
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supported the Pullman strikers.
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