Manufacturing
Name given to the time period after the Civil War where manufacturing and new inventions increased.
Second Industrial Revolution
Business model where parts of ownership of a company are sold.
Corporation
Man known for controlling much of the steel industry
Andrew Carnegie
Groups that work together to improve working conditions and advocate for workers.
Labor Unions
Small, poorly built apartments that many immigrants and urban workers lived in.
Tenements
Creators of the first airplane.
Wright Brothers
Selling these allowed companies to bring in investment money and limit investor risk.
Stock shares
Man known for controlling almost the entire oil industry.
John Rockefeller.
Small, hot, and crowded factories and workshops in cities.
Sweatshops
When every worker in a business protests at once.
Collective Bargaining
Partially due to the work of Thomas Edison, this could be used for power and light by the end of the 1800s.
Electricity
Owning everything necessary in your business's supply chain is...
Vertical Integration
Owning every business in a single industry is...
Horizontal Integration and/or Monopoly
"Old immigrants" who came to America in the 1700s were mostly...
Northern European and Protestant
"New Immigrants" who came to America in the 1800s were...
Process by which large amounts of steel could be made quickly.
Bessemer Process
Name an advantage of big Business.
Answer: Host's discretion
Name a disadvantage of big business
Answer: Host's discretion
Local groups that promised members support in times of sickness, hardship, or death.
Benevolent societies
Urban buildings created by private charity that provided locals education, recreation, and social events.
Settlement houses
In the 1850's scientists discovered how to refine crude oil into these two useful fuel sources.
Kerosene and Gasoline
Name one notable strike or protest mentioned in the chapter.
Pullman Strike
Haymarket Riot
Homestead Strike
Law making trusts and monopolies illegal.
Sherman Anti-Trust Act
Law passed in 1882 banning Chinese immigration to America.
Chinese Exclusion Act
Law passed in 1924, limiting immigration by setting strict quotas on the amount of immigrants.
The Johnson-Reed or National Origins Act