People
A method for producing a stronger type of steel
Bessemer Process
Entrepreneurs who were considered to be inventive and hard working, and led the way in the rise of American business
Captains of Industry
A large company usually formed by a group of investors
corporation
Carnegie became rich because his steel was used to build __________.
railroads
A grant that gives an inventor the sole right to make and sell an invention for a set period of tome.
patent
Small business owners found it HARD/EASY to compete with monopolies
Hard
The act of keeping a person out
exclusion
A work stoppage to force owners to listen to demands
strike
A share of ownership in a company
stock
The time period when the wealth of a few covered up the poverty of many
The Gilded Age
The creation of the standard ______ made it easier to ship goods and people across the country
Gauge
A wealthy and powerful investment banker in the late 1800s. He financed r.r, steel mills, and silver mines.
J.P. Morgan
When a company gets rid of competition and gets total control of a product or service.
Monopoly
Entrepreneurs who were considered ruthless and self centered and whose aggressive business practices destroyed smaller competitors and drove many comapnies out of business.
Robber Barons
A large open area beneath a ship's deck
steerage
Factors that force people out of a country
push factors
Made the first part of his fortune running steamboats and steamships then went onto the railroad. (His family built mansions on Long Island's Gold Coast)
Vanderbilt
Talks between a union and an employer about working conditions
Collective bargaining
Carnegie founded his steel company in this city
Pittsburgh, PA
Having as common racial, national, or cultural tradition
ethnic
Factors that make immigrants want to move to a certain country (the U.S.)
pull factors