People
Mass produced cars first using the assembly line?
Henry Ford
Law to stop businesses from creating trusts and monopolies, but was not enforced.
What is the Sherman Act?
First labor union and better for working conditions, and pay for all workers
Who are the Knights of Labor?
what powered the wright brothers airplane?
Gasoline engine
A public company that sells stocks published to shareholders to grow business.
What are corporations?
Who is the leader of the AFL union
Who is Samuel Gompers?
Rapid economic growth because of inventions and efficient business practices in the late 1800s.
What is the Second Industrial Revolution
Cheaper and faster way to produce steel
what is the Bessemer process?
How did improvements to the railroads effect the economy and transportation in the united states?
It made travel safer, and quicker.
a Scottish-born speech teacher who studied the science of sound
Alexander Graham Bell
Inventor of lightbulbs
Who is Thomas Edison?
labor organization that represented both skilled and unskilled laborers and was the first national labor union in the united states
the knights of labor
Owns all businesses from a particular field
What is horizontal integration?
What does Edison need to light up the entire city with his lightbulbs?
power plant
Everyone works together to negotiate with owner about pay and working condition
What is collective bargaining?
President of the US in 1894, He stopped The Pullman Strike.
Who is Grover Cleveland?
The idea "survival of the fittest" in business
What is social Darwinism?
what major labor strikes took place in the late 1800s
Homestead strike and pullman strike
What happened in the homestead strike?
Workers barricaded themselves in the plant, and some were killed.
buys businesses for the step it takes to make the product
What is vertical integration
created monopoly in manufacturing steel.
Who is Andrew Carnegie?
A female union leader who was a former Irish immigrant.
Who is "Mother Jones" Mary Jones
What 2 groups of people where fighting in the Haymarket Riot that led to over 100 injuries?
How are Police & Labor Union (Workers)
how did specialization affect factories in the late 1800?
Factories became more efficient by using assembly line, that increased productivity.
Why are monopolies unfair to consumers?
Not having competition allows for higher prices and lower qualities of goods