1 Monopoly...
2 Samuel Gompers...
1 When a company has control of a trade.
2 American labor Union leader also known as the first president of the American Federation of Labor.
1 Consumer...
2 Henry Frick...
1 A person who buys goods.
2 Was an industrialist and art collector who was also a major figure in the steel and coke industries.
1 Investor...
2 Homestead Strike...
1 Someone who gives money to get money.
2 A violent labor conflict at the Carnegie Steel Company plant in Homestead, Pennsylvania
1 Strike...
2 Laissez Faire
1 A refusal to work until a groups demands are met.
2 Is an economic philosophy advocating for minimal goverment
1 Stock...
2 Social Darwinism...
1 The goods kept on the premises available for sale.
2 The theory that individuals, groups, are subject to the same Darwinian.
Labor Union...
An organized society of workers often in a trade.
Human Resource...
People who work to create goods and services.
Sweat Shop...
A place where people work in very bad conditions.
Textile...
A type of cloth or woven fabric.
Capital Resource...
Man made tools used to create goods and services.
Corporation...
A group of people united in similar interests.
Entrepreneur...
A person who operates a business(es) Taking on greater than normal risks to do so.
Thomas Edison...
Was an American inventor and businessman also helped make the first light bulb.
Orville and Wilber Wright...
Were brother inventors and invented the worlds first airplane.
Alexander Graham Bell...
Was an inventor, scientist, and engineer and created the telephone.
Cornelius Vanderbilt...
Eventually controlled a vast network and major lines like the New York Central Railroad.
Andrew Carnegie...
Led the expansion of American steel industry.
Industrial Revolution...
A major change in economy by machines.
William Randolph Hearst...
A newspaper publisher.
Frank Sprague...
An engineer and inventor sometimes called "father of electric traction" for his work in electric transportation.
Free Enterprise...
An economic system in which private company's compete.
Jhon D. Rockefeller...
Founded the Standard Oil Company.
Gilded Age...
A period in rapid economic growth.
J. P. Morgan...
Was a powerful financier and investment banker who dominated corporate finance during the gilded age.
Frank and Charles Duryea...
Were american brothers who were pioneers of the automobile industry.