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Chapter 5 Vocab

"Industrialization & the Glided Age"

TermDefinition
Thomas Edison Americas most famous inventor. Invented the light bulb & much more
Bessemer Process A revolutionary innovation that enabled cheaper & more efficiently, helped find the industrialization in America
Andrew Carnegie's GOSPEL OF WEALTH An article that describes the responsibility of philanthropy by the self made rich
John D. Rockefeller An american oil industry business magnet & philanthropist
Interstate Commerce Act of 1887 A U.S. Federal law the was designed to regulate the railroad industry, particular to its monopolistic practices
Alexander Graham Bell A Scottish-born scientist, inventor, engineer & innovator who is credited to the first telephone
Child Labor The use of children in industry or business, especially when illegal or considered inhumane
Union The action or fact of joining or being joined; especially in a political contest
Philanthropy The desire to promote the welfare of others, expressed especially by the generous donation of money to good causes
Monopoly The exclusive possession or control of the supply or trade in a commodity or service
Anti-Trust Acts The 1st federal act that outlawed monopolistic business practices
Transcontinental Railroad Built in 1869, two railroad companies, the "Union Pacific East" & the "Central Pacific West" ; A train route through the US where they met in Utah
Created by: JoblessHG
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