Chapter 6, American History 10

Front 1

Patent

Back 1

The licence to make, sell, or use an invention.

Front 2

Mass Production

Back 2

To make, in large amounts, a single product or type of product.

Front 3

Social Darwinism

Back 3

This is the belief that only the fittest survive in political and economic matters. This theory discouraged government interference in economic matters.

Front 4

Oligopoly

Back 4

The business structure in which only a few large firms dominate the entire market.

Front 5

Monopoly

Back 5

When a company has complete control of any product or service.

Front 6

Economies of Scale

Back 6

The idea that as production increases the cost of the item will decrease.

Front 7

Sweatshop

Back 7

A factory or shop where people work long hours for little money, and in unhealthy conditions.

Front 8

Socialism

Back 8

This is the philosophy that believes that all property should be public instead of private.

(NO private property)

Front 9

Industrial Union

Back 9

This is an association of all workers in the same industry, regardless of the job each of them performed.

Front 10

Bessemer Process

Back 10

A way to create steel quickly and cheaply by blasting hot air through melted iron to quickly remove impurities.

Front 11

Thomas Edison

Back 11

The great American inventor who developed the idea of electric lighting, and a central electronic power station.

Front 12

Edwin Drake

Back 12

He was the inventor who developed the use of steam engines for drilling for oil.

Front 13

Brooklyn Bridge

Back 13

This was the first suspension bridge to be made of steel. Completed in 1883, in New York.

Front 14

Jacob Riis

Back 14

He was the social reformer who helped bring attention the problem of child labor bringing many States to start restricting the practice.

Front 15

Transcontinental Railroad

Back 15

Completed in 1869, it connected the Eastern Railroad system with the California railroad system. This revolutionized transportation in the West.

Front 16

Standard Oil

Back 16

This was the company created by John D. Rockefeller and a number of associates. Through deals he was able to create a virtual monopoly on oil.

Front 17

Haymarket Riot

Back 17

The labor strike that turned violent causing many now see labor unions as violent organizations.

(Chicago, 1886)

Front 18

Sherman Antitrust Act

Back 18

This was a law that banned any trust that interfered with interstate trade or commerce.

Front 19

Homestead Strike

Back 19

This was one of the most violent strikes in U.S. history. It started when the Homestead steel workers went on strike because of wage cuts, and ended with the Pinkerton police and state militia putting it down.

Front 20

The "Gospel of Wealth"

Back 20

The idea preached by the Steel tycoon Andrew Carnegie, in which he said people should be free to make as much money as they can. But also that they should give the money away.