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Industrial Revolutio
| Term | Definition |
|---|---|
| Alexander Graham Bell | (1847-1922) In 1876 he patented the invention of the telephone |
| Andrew Carnegie | Carnegie controlled the steel industry in the late 1800s by purchasing mines, ships, railroads, and mills; the means of steel production |
| Henry Ford | (1863-1947) He was an American businessman, the founder of the Ford Motor Company, the father of modern assembly lines, and an inventor credited with 161 patents. |
| Industrial Revolution | A period of rapid growth in the use of machines in manufacturing and production that began in the mid-1700s. |
| John D. Rockefeller | American businessman-founder of the Standard Oil Company (a major monopoly) |
| Monopoly | Complete control of a product or business by one person or group; and a fun game!! |
| Samuel Gompers | He was the creator of the American Federation of Labor. He provided a stable and unified union for skilled workers. |
| Textiles | Fabrics that are woven or knitted; material for clothing |
| Thomas Edison | American inventor best known for inventing the electric light bulb, acoustic recording on wax cylinders, and motion pictures. |
| Capitalism | An economic system based on a free market, open competition, profit motive and private ownership of the means of production. |
| The American Federation of Labor | The American Federation of Labor was started by Samuel Gompers in 1886. It was a labor union that sought to better the lives of workers. |
| Robber Barons | Refers to the industrialists or big business owners who gained huge profits by paying their employees extremely low wages. |