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ch 6 vocab
| Term | Definition |
|---|---|
| bessemer process | technique used to make steel from iron |
| Thomas Edison | inventor of the light bulb |
| Christopher Sholes | inventor of the typewriter |
| Alexander Graham Bell | Inventor of the telephone |
| transcontinental railroad | a railroad that crosses the entire country |
| George M. Pullman | Inventor of the sleeping car |
| Cre'dit Mobilier | Name of company involved in stealing of railroad money |
| Munn vs. Illinois | Court case that gave government right to regulate private industry |
| interstate commerce | Law granting Congress authority to regulate railroad activities |
| Andrew Carnegie | Scottish immigrant who became a giant in the steel industry |
| vertical integration | Process in which a company buys out its suppliers |
| horizontal consolidation | Process in which companies producing similar products merge |
| social darwinism | Theory that taught only the strong surveyed |
| monopoly | Situation in which one company controlled an entire industry |
| holding company | Corporation that bought out the stock of other companies |
| John Rockefeller | Head of Standard Oil Company |
| trust | Corporation formed by separate companies |
| Sherman Antitrust Act | Law that outlawed trusts |
| Samuel Gompers | Union Leader, Leader of American Federation of Labor (AFL) |
| American Federation of Labor (AFL) | Name of union led by Gompers |
| collective bargaining | negotiations between groups |
| Eugene V. Debs | Leader of the American Railway Union |
| socialism | System based on government control of business and property |
| scab | replacement worker |
| Mother Jones | A leader of the mine workers union |