Big Business
The term used when the government is NOT involved in businesses
Laissez faire
Who was the person who was able to mass produce steel?
Carnegie
Who was the person that invented Morse Code?
Samuel Morse
When people refuse to work, this is called a _______
Strike
Thomas Edison invented this _______________
light bulb
Sherman Anti-trust Act
Laws that tried to prevent monopolies
Who was the person that overtook the railroad companies?
Vanderbilt
Alexander G Bell invented this popular device that we still use today
telephone
This event in NYC in 1911 was one of the deadliest fires in history. It also brought safety issues to the public and put many of todays safety laws in place
Triangle Shirtwaist Fire
mass production
Where a person has complete control of a business or service
monopoly
Who was the person who formed a monopoly in the Oil industry?
Rockefeller
This person put Rochester on the map because of his invention of rolled film and his impact on photography
George Eastman
A place where working conditions are poor and people, especially children are working long hours is called
sweatshop
The American Federation of Labor (AFL) protected this type of worker
Skilled
When competing companies merge into one coporation
Horizontal Integration
Who was the person that overtook the banking industry?
JP Morgan
This man revolutionized production by creating the assembly line and inventing the car
Henry Ford
Where people join together to fight their boss for better conditions is called
collective bargaining
workers from Andrew Carnegie´s Steel plant went on strike to protest cutting wages.
Homestead Strike
the purchase of companies that provided the equipment and materials needed for one's product
vertical integration
Rockefeller, Vanderbilt, Carnegie, and Morgan were all considered ____________________ because they gave back to the community
philanthropist
These brothers improved transportation by inventing the __________________ (have to have both of their names for points)
Orville and Wilbur Wright
This Union protected both skilled and unskilled workers
Knights of Labor
a large grouping of business interests with significant market power
trust