Governmental Reforms
The voters' right to remove somebody from office
Recall
Muckraker
When one business has complete control over a whole product or industry
Monopoly
This book by Upton Sinclair looks at the struggles of an immigrant family that moves to Chicago. However, it is most famous for it's depiction of the meatpacking industry
The Jungle
First railroad to cross the United States and connect the Atlantic and Pacific oceans
The Transcontinental Railroad
Talking to and trying to influence a politician on a certain issue
Lobbying
Refusing to work as a form of protest against a business or employer
Strike
This business owner made his fortune by monopolizing the oil industry through his Standard Oil Company. The wealthiest American in history.
John D. Rockefeller
John Spargo's book looking at child labor in the coal industry
The Bitter Cry of the Children
This form of capitalism means that the government rarely or never interferes in the economy, free market, or business
Laissez-Faire
The voters' right to decide on a measure proposed by the legislature
Referendum
An organization of workers who band together to advocate for their labor rights
Union
Scottish immigrant turned business owner who became the "King of Steel"
Andrew Carnegie
This book of photographs by Jacob Riis revealed to the public the lives of people living in tenement houses in large cities
How the Other Half Lives
When a business controls every single stage along its supply chain. Can lead to monopoly.
Vertical Integration
The right of citizens to propose a measure or issue before the voters or legislature for approval
Initiative
The right to vote
Suffrage
Man involved in the banking industry. Also bought many small businesses and consolidated them into larger ones.
J.P. Morgan
Ida Tarbell's book attacking John D. Rockefeller, his company, and his aggressive business tactics
The History of the Standard Oil Company
Term sometimes used to describe an American capitalist who got rich at the expense of others, exploited natural resources, and had unfair government influence
Robber Baron
A vote held to decide who a party's nominee will be
Direct Primary
Laws banning or limiting alcohol
Prohibition
Big business owner who made his fortune in the railroad industry. Has a college in Nashville named after him.
Cornelius Vanderbilt
This 1890 Act made monopolies illegal and worked to break them up
Sherman Antitrust Act
When a business consolidates and controls all of one stage of its supply chain. Can lead to monopoly.
Horizontal Integration