Big Business/Labor I
Why did some people call big business owners like Carnegie, Morgan, Rockefeller, and Vanderbilt Robber Barons?
Because they were wealthy but had made their money with unfair/unscrupulous practices at times.
What group of people were the primary labor force when building the Railroads
Chinese Immigrants, Civil War Veterans, Irish immigrants.
Who Invented the telephone?
Who is Alexander Graham Bell
When laborers group together to stop production or stop work, normally with a list of demands, they go on...
Strike
What is Black Gold?
What is Oil?
J.P. Morgan was best known for what industry originally?
What is Banking?
George Pullman was known to control his workers, and his actions led to the famous Pullman Strike.
Workers went on strike because he raised rent, but lowered...
wages/pay
Who invented the Typewriter?
Who is Christopher Sholes?
Samuel L. Gompers created a union made of skilled workers (workers who have a special skill in a trade, like metal work, carpentry, sewing, etc.) It was called the ...
AFL
American Federation of Labor
What is the name of the railroad connecting the United States coast to coast?
What is the Transcontinental Railroad
Name the 4 Big Business men we have studied in class?
J.P Morgan
Andrew Carnegie
Cornelius Vanderbilt
John D. Rockefeller
Which wealthy tycoon gave away 90% of his wealthy to build libraries, help the needy, build schools, and helped the community?
Andrew Carnegie
Who used a steam engine to extract oil from the ground?
Who is Edwin L. Drake?
This union was made up of radical unionists and socialists and known as the "Wobblies."
The IWW and Industrial Workers of the World
the exclusive possession or control of the supply of or trade in a commodity or service (it's also the name of a game)
A monopoly
A businessman who owns a bank, buying up all the banks in the area is an example of what type of integration?
What is Horizontal?
As factories were created and agriculture needed less labor in the country, where did most people move?
Cities in the north and midwest/ cities in general
What is the process that turned iron to steel more efficiently?
What is the Bessemer Process
was a leader against child labor, supported the Great Strike of 1877, and one of the most prominent organizers in the women's labor movement.
Who is Mary Harris Jones or Mother Jones
What is Vertical Integration?
When you buy up all the necessary items for a business from the raw materials, to production, to transportation, etc.
What was the term for this social theory applied to business? : Charles Darwin’s theory that natural selection and survival of the fittest (the biggest and strongest survive naturally and the weaker don't) COMBINED with the idea that big business shouldn't be restrained and or regulated.
Social Darwinism
Name 3 issues workers faced during Industrialization that led to the creation of unions.
low wages, unsafe working conditions, child labor, no worker's sick leave, no payment for injury or time off, long hours
After a new process for creating steel more efficiently was created, what important transportation system switched from using iron to steel?
Railroads
What were strikebreakers?
People who were hired by factory owners to end strikes.
This law tried to stop monopolies and trusts from forming.
The Sherman Anti-trust Act