These individuals controlled the nation's rail traffic after the consolidation of railroads.
Railroad Barons
Who laid a telegraph cable across the Atlantic Ocean in 1866?
Cyrus Field
What organization, led by Samuel Gompers, represented skilled workers in various trades?
American Federation of Labor (AFL)
John D. Rockefeller used this method to establish a monopoly.
Horizontal Integration
Early railroad tracks were made of this material.
Iron
Who invented the typewriter?
Christopher Sholes
Which labor union grew to over 700,000 members by 1886 but lost power in the 1890s?
Knights of Labor
What is the role of a holding company in business?
A holding company gains control over multiple other companies by buying their stock.
What large railroad companies offered as incentives for their biggest customers?
Rebates
What was Thomas Edison's most important invention?
Electric lightbulb
What is the goal of collective bargaining?
The right to negotiate with management over wages and other matters.
Which act, passed in 1890, addressed concerns over trusts and monopolies?
Sherman Antitrust Act
What did railroad barons form based on secret agreements to divide up business amongst themselves?
Pools
Who invented the steam-powered model airplane?
Samuel Langley
Gaining almost total control of an industry is called
Monopoloy
Who employed vertical integration, acquiring companies at all stages of the steel-making process, to dominate the steel industry.
Andrew Carnegie
What did the standard gauge do for the railroad industry?
Who built transformers?
George Westinghouse
When did the steelworkers' union lose members?
As the result of the Pullman Strike.
Why were Child labor laws needed?
Children often worked in unsafe conditions, facing long hours and low pay.