Terms : Hide Images
| 1169691724 | transcontinental railroad | known as the "ultimate goal"- a railroad from the east coast to west coast. | |
| 1169691725 | Union Pacific Railroad | Commissioned by Congress to build from Omaha, NE to CA. | |
| 1169691726 | Credit Mobilier | A railroad construction company that scandaled millions of dollars out of the federal government. | |
| 1169691727 | Central Pacific Railroad | Built eastward from CA to NE. | |
| 1169691728 | Northern Pacific Railroad | Stretched form Lake Superior to Puget Sound. Completed in 1883. | |
| 1169691729 | Atchison, Topeka, and Santa Fe Railroads | Stretched through the southwestern deserts of CA, completed in 1884. | |
| 1169691730 | Southern Pacific | Railroad that stretched from New Orleans to San Francisco, completed in 1884. | |
| 1169691731 | Great Northern | Stretched from Duluth, MN to Seattle, WA. Completed in 1893. Last part of the transcontinental railroad. | |
| 1169691732 | Pullman Palace Cars | luxury passenger cars- introduced the idea of "trains" transporting people. | |
| 1169691733 | Pools | an agreement to divide business in a given area and divide the profits. | |
| 1169691734 | Rebates | A cheap, discounted rate for big and frequent companies, which led to expensive rates for small companies. | |
| 1169691735 | Free Passes | Given to members of the press to ensure good publicity. A.K.A, a free train ride. | |
| 1169691736 | Interstate Commerce Act | 1. Outlawed rebates and pools. 2. Banned charging low rates for big companies and large rates for small companies. | |
| 1169691737 | Alexander Grahm Bell | Invented the telephone | |
| 1169691738 | Thomas Edison | Invented the light bulb as well as many other things. The light bulb led to longer working hours. | |
| 1169691739 | Andrew Carnegie | "Sultan of Steel". Owned the U.S. Steel Corporation. Used vertical integration to grow business. | |
| 1169691740 | U.S. Steel Corporation | Run by Andrew Carnegie. | |
| 1169691741 | Vertical Integration | buying smaller companies so as to eliminate the "middlemen" from business to increase profits. | |
| 1169691742 | John D. Rockefeller | Standard Oil Company. Used Interlocking directorates. He controlled 90-95% of all oil in the U.S. | |
| 1169691743 | Standard Oil Company | Owned by John D. Rockefeller | |
| 1169691744 | Interlocking Directorates | Sending your own company's men to be on the board of directors for a competitive company to make decisions in your favor. | |
| 1169691745 | J.P. Morgan | A financier who used interlocking directorates in struggling companies and controlled them as one unit. Eventually bailed out the U.S. government. | |
| 1169691746 | Bessemer Process | burned off the impurities and made it stronger and cheaper. | |
| 1169691747 | Internal Combustion Engine | Saved the oil business just as the electric light bulb became popular. | |
| 1169691748 | Gospel of Wealth | the rich had the moral duty to spread the wealth | |
| 1169691749 | Social Darwinism | the reason certain people were at the top was because they were best adapted at running that industry. | |
| 1169691750 | Plutocracy | rule by the few and rich | |
| 1169691751 | Sherman Anti-Trust Act | An attempt to outlaw trusts or monopolies. Forbade: 1. Pools/cartels. 2. Interlocking directorates. 3. Holding companies. Lacked the ability to prove 1, 2, & 3 and lacked enforcement. | |
| 1169691752 | holding companies | a holding company bought large, controlling shares of stock of competitors and managed them as one "mega-company". | |
| 1169691753 | "combinations" | pools/cartels, interlocking directorates, and holding companies | |
| 1169691754 | Gibson Girl | Painted an attractive, stylish and athletic woman active outside the home. Idealized as the "New Woman". | |
| 1169691755 | National Labor Union | (1886) Lasted 6 years, had 600,000 members- skilled and unskilled. Ruined by depression of 1873. | |
| 1169691756 | Knights of Labor | Became public in 1881. Welcomed skilled, unskilled, women, and blacks. Ruined by the Haymarket Square Incident. | |
| 1169691757 | American Foundation of Labor | Comprised of small, independent unions. Sought: better wages, shorter hours, and better working conditions. Only made up of skilled craftsmen. |
