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Ch.6 vocabulary
| Term | Definition |
|---|---|
| petroleum | drilling for _____ spurs the oil industry |
| petroleum | oily, flamable liquid |
| business cycle | the pattern of good and bad times |
| bessemer steel | new steel making method, uses less coal |
| Thomas Edisosn | opened a lab in 1876;found most ways to use electricity |
| practical electric lightning | Thomas Edison's most famous invention |
| centennial exhibition | celebrates America's 100th birthday |
| patent | a document giving inventors rights to make and sell their inventions |
| a transcontinental railroad is | a railroad that spanned the entire continent |
| the railroad companies set up a _____ time and divided the us into _____ | standard time zones |
| John D. Rockeffeller | dominated the oil industry |
| Andrew Carnegie | dominated the steel industry |
| put his competition out of business | Rockeffeller created monopolies which |
| ruthless, robber baron wealthy, business owner/leader | Rockeffeller gained reputation as a _____ which was a _____ |
| philoanthropists | both men were _____ they gave large amounts of money to charities |
| gilded age | although society had some wealthy people, there were some serious problems like: corrupt politics and wide spread of poverty |
| gilded | covered in gold leaf (can disguise something cheap or rotten) the wealth of a few people can wide societies problems |
| a philanthropist | a person who gives away a great deal of his or her money to charity |
| a business leader who became wealthy by using dishonest methods | robber baron |
| a company that wipes out its competitors and controls and industry | monopoly |
| a wealthy businessman who controlled the oil industry | john d. rockeffeller |
| a legal body who created to hold stock in many companies often in the same industry | trust |
| a wealthy businessman who controlled the steel industry | Andrew Carnegie |
| the era of the late 1800's which was a time of fabulous wealth for a few american's | gilded age |
| strikes | caused by wages being cut |
| Knights of Labor | was a loose federation of workers, it allowed women and African Americans to join |
| Haymarket Affair | union leaders and police clash, several are killed |
| Andrew Carnegie | reduces pay at steel mill in Pennsylvania |
| Pullman Strike | caused when Pullman Palace Car Company cut pay but not rent |
| Samuel Grompers | started a new organization of unions called American Federation of Labor |
| Thomas Edison | inventor - found several way to use electricity including a practical light bulb, the phonograph, and a moving picture viewer |
| Gilded Age | Writers Mark Twain and Charles Warner called the late 1800's the _______, a name that symbolized how the wealth of a few people hid society's problems. |
| Pullman Strike | was ended when President Grover Cleveland sent out federal troops and jailed the leader of the union. |
| Sweatshop | a place where workers labor for long hours under poor conditions for low pay |
| patent | a document protecting an inventor's rights |
| business cycle | a pattern of good times and bad times |
| Andrew Carnegie | a leader of the steel industry |
| John D. Rockefeller | a leader of the oil industry |
| monopoly | a company that controls an industry |
| Samuel Gompers | an organizer of the AFL |
| Philanthropist | a person who contributes money to chairty |
| Eugene V. Debs | a leader of the American Railway union |