Terms : Hide Images
| 2337246621 | Transcontinental Railroad | Completed in 1869 at Promontory, Utah, it linked the eastern railroad system with California's railroad system, revolutionizing transportation in the west |  | 0 |
| 2337253288 | Second Industrial Revolution | (1871-1914) Involved development of chemical, electrical, oil, and steel industries. Mass production of consumer goods also developed at this time through the mechanization of the manufacture of food and clothing. It saw the popularization of cinema and radio. Provided widespread employment and increased production. |  | 1 |
| 2337254871 | Edwin Drake | American pioneer in oil industry; became first to drill for petroleum |  | 2 |
| 2337256934 | Sherman Antitrust Act | 1890 - A federal law that committed the American government to opposing monopolies, it prohibits contracts, combinations and conspiracies in restraint of trade. Used by TEDDY. |  | 3 |
| 2337259711 | Adam Smith | 1723- 1790; Scottish; "Wealth of Nations"; first economist; "laissez-faire capitalism"; not completely against govt regulation; pro free trade; let individuals pursue own interest; attacks mercantilism- peep do thinks out of self interest (baker); prices should be fluctuated on just supply & demand- not what gov't say it is; philosophe; not hard-core conservative (gov't does have part); didn't trust businessmen; economics should have an economic (not military) end goal; skilled workforce and strong infrastructure determines power of country- not how much stacks of gold you have; colonization is dumb. |  | 4 |
| 2337264019 | Social Darwinism | The application of ideas about evolution and "survival of the fittest" to human societies - particularly as a justification for their imperialist expansion. |  | 5 |
| 2337267301 | Cyrus Field | American businessman who laid the first telegraph wire across the Atlantic. This cut down the time it took for a message to be sent from Europe to American and vice-versa. |  | 6 |
| 2337269359 | George Westinghouse | An american entrepreneruer and engineer who invented the railroad and the air brake |  | 7 |
| 2337272755 | Great Railroad Strike | July, 1877 - A large number of railroad workers went on strike because of wage cuts. After a month of strikes, President Hayes sent troops to stop the rioting. The worst railroad violence was in Pittsburgh, with over 40 people killed by militia men. |  | 8 |
| 2337274582 | Haymarket Bombing | (1886); people were rallying for the workers who were striking in Chicago. The police came and someone threw a bomb; people killed, trial followed, and some men sentenced to death.end of "knights of labor" bc they were seen as radicals. |  | 9 |
| 2337291039 | Pullman Strike | in Chicago, Pullman cut wages but refused to lower rents in the "company town", Eugene Debs had American Railway Union refuse to use Pullman cars, Debs thrown in jail after being sued, strike achieved nothing |  | 10 |
| 2337295863 | Promontory Point, Utah | where the Union Pacific and Central Pacific railroads met; joined the railroads to create America's first transcontinental railroad |  | 11 |
| 2337299310 | Henry Bessemer | (1813-1898) An English engineer who created the Bessemer procces, a process of producing steel, in which impurities are removed by forcing a blast of air through molten iron. |  | 12 |
| 2337302063 | J.D Rockefeller | He was a highly-valued pioneering figure: an American industralist and philanthropist. He revolutionized the petroleum industry and defined the structure of modern philanthropy. He founded "Standard Oil". His 40 oil companies owned about 90% of the nation's pipelines and refined 84% of the nation's oiil. His fortune was mainly used to create the modern systematic approach of philanthropy with foundations that had a major effect on medicine, education, and scientific reserach. He was a horizontal integrationer (joining competiting businesses in one area). |  | 13 |
| 2337305409 | U.S v. E.C. Knight Co. | The case against a sugar monopoly resulted with the Supreme Court declaring manufacturing was an intrastate activity. Impeded federal government's ability to break up monopoly's with Sherman Antitrust Act |  | 14 |
| 2337308227 | Wealth Of Nations | This is the 18th century book written by Scottish economist Adam Smith in which he spells out the first modern account of free market economies. |  | 15 |
| 2337310927 | Alexander Graham Bell | He was an American inventor who was responsible for developing the telephone. This greatly improved communications in the country. |  | 16 |
| 2337312820 | Horatio Alger | Popular novelist during the Industrial Revolution who wrote "rags to riches" books praising the values of hard work |  | 17 |
| 2337314436 | National Labor Union | 1866 - established by William Sylvis - wanted 8hr work days, banking reform, and an end to conviction labor - attempt to unite all laborers |  | 18 |
| 2337316865 | American Federation Of Labor | 1886; founded by Samuel Gompers; sought better wages, hrs, working conditions; skilled laborers, arose out of dissatisfaction with the Knights of Labor, rejected socialist and communist ideas, non-violent. |  | 19 |
| 2337318998 | J.P. Morgan | Banker who buys out Carnegie Steel and renames it to U.S. Steel. Was a philanthropist in a way; he gave all the money needed for WWI and was payed back. Was one of the "Robber barons" |  | 20 |
| 2337321649 | Andrew Carnegie | A Scottish-born American industrialist and philanthropist who founded the Carnegie Steel Company in 1892. By 1901, his company dominated the American steel industry. |  | 21 |
| 2337323374 | Standard Oil | Established in 1870, it was a integrated multinational oil corporation lead by Rockefeller |  | 22 |
| 2337330892 | Laissez-Faire | Hands off. No government intervention in business. |  | 23 |
| 2337332409 | Invisible Hand | A phrase coined by Adam Smith to describe the process that turns self-directed gain into social and economic benefits for all |  | 24 |
| 2337333834 | Samuel Morse | United States portrait painter who patented the telegraph and developed the Morse code (1791-1872) |  | 25 |
| 2337335370 | Thomas Edison | American inventor best known for inventing the electric light bulb, acoustic recording on wax cylinders, and motion pictures. |  | 26 |
| 2337337618 | Iron Law of Wages | David Ricardo formulated the iron law of wages, which said that because of the pressure of population growth, wages would be just high enough to keep workers from starving. |  | 27 |
| 2337341139 | Knights of Labor | labor organization founded by seven Philadelphia tailors in 1869 and led by Uriah S. Stephens, its ideology may be described as producerist, demanding an end to child and convict labor, equal pay for women, a progressive income tax, and the cooperative employer-employee ownership of mines and factories. Leaderships under Powderly, successful with Southwest Railroad System, failed after Haymarket Riot. |  | 28 |
| 2337347753 | Homestead Strike | 1892 steelworker strike near Pittsburgh against the Carnegie Steel Company. Ten workers were killed in a riot when "scab" labor was brought in to force an end to the strike. |  | 29 |
| 2337350847 | Impact of Railroads | They were made to make coal mining safer, then advanced to huge steam engines. Factories flourished because their goods could be imported and exported faster. Railroads made it easier for people to migrate to the city, increasing the labor pool. The need for livestock declined for these purposes. |  | 30 |
| 2337355335 | Changes in consumption and the marketing of consumer goods. | mail order catalogs, transportation increased.just overall more available |  | 31 |
| 2337360854 | Concentrations of wealth in the late 1800s | Corporations are becoming too powerful |  | 32 |
| 2337366757 | Women Entering the Workforce | transformed issues dealing gender equality, the glass ceiling, and the gender wage gap |  | 33 |
| 2337370735 | Discontent among laborers | Labor unions. |  | 34 |
| 2337372020 | Tactics used to break strikes and defeat labor unions | used military force blacklist people, wouldnt allow to work |  | 35 |
