Industrial Supremacy Flashcards
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| 220799922 | Bessemer Process | created new more durable and versatile steel; involved blowing air through molten iron to burn out impurities | |
| 220799923 | Andrew Carnegie | A scottish immigrant who opened his own steelworks in Pittsburgh; he cut cost by striking deals with the railroads and bought out rivals who could not compete with him. | |
| 220799925 | John D. Rockefeller | Formed Standard Oil Trust and made millions while monopolizing the oil industry | |
| 220799926 | Social Darwinism | The belief that only the fittest survive in human political and economic struggle. | |
| 220799929 | 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. | |
| 220799930 | Henry Clay Frick | Carnegie's cheif lieutenant, He made several wage cuts at the homestead plant causing the homestead strike | |
| 220799931 | Pinkerton Detective Agency | Private security force that specialized in anti-union activities. Used as a tool by businesses to break strikes | |
| 484873904 | Natural resources, friendly government practices, new technologies, transportation, increased labor | Reasons for Industrial Growth in United States | |
| 484873905 | Thomas Edison | American inventor best known for inventing the electric light bulb, acoustic recording on wax cylinders, and motion pictures. | |
| 484873906 | Alexander Graham Bell | United States inventor of the telephone | |
| 484873907 | The Wright Brothers | In 1903, they made the first flight. This achievement meant that people could traverse the world in shorter periods of time. | |
| 484873908 | Henry Ford | 1863-1947. American businessman, founder of Ford Motor Company, father of modern assembly lines. | |
| 484873909 | The Assembly Line | It divided operations into simple tasks that unskilled workers could not do. Made it possible to lower the costs of manufacturing and produce massive quantities of goods. | |
| 484873910 | J.P. Morgan | A highly successful banker who bought out Carnegie. With Carnegie's holdings and some others, he launched U.S Steel and made it the first billion dollar corporation. | |
| 484873911 | Lassiez Faire | idea that government should stay out of business and economic affairs as much as possible | |
| 484873912 | Scabs | Stirkebreakers hired by employers as replacement workers when unions went on strike | |
| 484873913 | Blacklisting | The practice of keeping a particular type of person from working in an industry | |
| 484875705 | Philanthropy | the attempt to improve the well-being of those in need by donating money or aid |