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Ch. 6 study guide
social studies
| Term | Definition |
|---|---|
| petroleum | oily, flammable liquid used to make kerosene |
| patent | document giving inventors the right to make and sell a product |
| business cycle | a pattern of good and bad economic times |
| trust | a legal body created to hold stock in many companies |
| Bessemer steel process | technique that produced steel more cheaply |
| Glided Age | time of tremendous wealth and poverty. Mark Twain and Charles Warner came up with this phrase. |
| Centennial Exhibition | the celebration of America's 100th birthday |
| Haymarket Affair | a conflict between police and union members in Chicago |
| standard time | system that divided the country into 4 time zone |
| monoploy | company that has sole control of an industry |
| Thomas Edison | developed a practical light bulb |
| Alexander G. Bell | developed the first telephone |
| Andrew Carnegie | leader of the steel industry |
| John D. Rockfeller | leader of the oil industry |
| Samuel Gompers | U.S. labor leader |
| robber baron | became wealthy through dishonest methods |
| Knights of Labor | allowed women and African-Americans as members |
| American Federation of Labor | used negotiation as a way to solve problems |
| sweatshop | a small business where worked worked long hours for low pay in poor conditions |
| transcontinental railroad | a railroad that crosses the entire continent |