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Industrial Growth
Key Terms to help with Louisiana EOC
| Term | Definition |
|---|---|
| telegraph | an invention credited to Samuel Morse that helped increase communication |
| telephone | Alexander Graham Bell invented this device which increased communication |
| light bulb | invented by Thomas Edison and had a great impact because it allowed factories to stay open after dark and increased the rate of production |
| canals | human constructed waterways that helped improve water travel and expanded the U.S. economy |
| railroads | contributed to industrial growth by allowing producers to ship goods across the country cheaper, faster, and more efficiently |
| internal combustion engine | unlike earlier engines that relied on steam power, it relied on the combustion of a fossil fuel like gasoline and led to the invention of the automobile |
| Henry Ford | did not invent the automobile, but was the first to perfect it and successfully market and mass produce it |
| Model T. | Henry Ford's first mass produced automobile |
| Ellis Island | became a reception center for poor immigrants entering the United States during the late 19th and early 20th centuries |
| melting pot | referred to the fact that many envisioned the United States as a place where people of all backgrounds and from all countries could be assimilated into American culture |
| cultural pluralism | refers to the presence and influence of many cultures within one society |
| ethnic ghettos | poor inner city neighborhoods where poor immigrants lived |
| push factors | factors that encourage people to leave an area |
| pull factors | factors that encourage people to immigrate or migrate to an area |
| tenements | overcrowded, unsanitary, one room apartments where poor immigrants lived |
| sweatshops | makeshift factories set up in small apartments by subcontractors who were hired by factory owners to help with production that were usually unsafe and often employed poor immigrants |
| Bessemer process | new method for producing steel that was faster and more efficient and greatly increased the rate of steel production |
| Andrew Carnegie | a businessman who grew to dominate the steel industry |
| monopoly | occurs when a company gains exclusive control over the supply of a particular product, eliminating competition |
| John D. Rockefeller | businessman who grew to dominate the oil industry and established the nation's first trust |
| Standard Oil | John D. Rockefeller's company and the nation's first trust |
| trust | an arrangement in which a number of businesses unite under one system, basically forming a monopoly |
| Cornelius Vanderbilt | a businessman who greatly impacted the railroad industry |
| J.P. Morgan | finance capitalist who grew to control several banks, insurance companies, and stock markets; he eventually bought Carnegie's company for a price that made Carnegie the richest man in the world |
| George Westinghouse | invented a transformer that increased access to electrical power |
| political machines | unofficial and often corrupt entities that worked to keep a certain party or certain officials in political office |
| Boss William Tweed | notorious boss over New York's political machine, Tammany Hall |
| Tammany Hall | the corrupt political club/machine that controlled New York City's Democratic Party |
| Sherman Antitrust Act | passed in 1890 for the purpose of making monopolies illegal |
Created by:
mbordelon
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