Captitalism
an economic system in which most businesses are privately owned.
Geoge Pullman
Mad his fortune by designing and building sleeper cars that made long distance rail travel more comfortable.
Samuel Gompers
He formed the American Federation of Labor which won wage increases and shorter workweeks.
Who invented the typewriter
Christopher Latham Sholes
These two rail lines meet up where
Promontory, Utah
Social Darwinism
A struggle for existence, "survival of the fittest"
Eugene V. Debs
head of the Railway Union urges his members not to work on trains that included the Pullman cars.
Besser process
this method made steel making faster and cheaper.
Thomas Edison
He was the first to come up with a safe electric lightbulbs that could light homes and street lamps
These individuals accepted unskilled workers, women, African Americans, and even employers.
Knights of Labor
Sherman Antitrust Act
made it illegal to form trusts that interfered with free trade.
Andrew Carnegie
a poor boy at the age of 12 rose to the top of the steel business and sold his business to JP Morgan for $480 million
Cornelius Vanderbilt
He began investing in railroads during the Civil War and gave money to education.
Identify the 3 forms of communication
telegraph, telephone and typewriter
The first strike which protested against cuts in wages, workers for two railroads blocked the movement of trains.
The Great Railroad Strike
Laissez-faire
allow to do in business, it refers to a system where companies are allowed to conduct business without interference by the government.
William Graham Sumner
leading proponent of social Darwinism in the United States.
Corporations
are owned by people who buy stock, or shares, in the company
Identify the 4 advances in transportation
Streetcars, Subways, Automobiles and Airplanes
Identify two reason why the railroads expanded?
federal government helped by giving roads millions of acres of land and cheap steel helped railroads expanded
Wildcatters
oil prospectors, who went looking for oil in other places.
John D. Rockefeller
Standard Oil to increase profits he used vertical integration acquiring companies that supplied the oil business, such as pipelines and railroad cars
2nd Industrial Revolution
The boom in the oil industry was known for this era
Telegraph operators tapped out patterns of long and short signals
Morse Code
This strikes was over wage cuts, some involving violent clashes with employers and police
Haymarket Riot