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Chapter 5 Vocabulary
Term | Definition |
---|---|
Free Enterprise System | individuals are free to produce and sell whatever they wish. |
Contribution of Government | Protection of property and contracts. |
Expansion of railroads | Development of the transcontinental railroad and other new railroad lines improved travel . |
Growth of Population | Development of a national market. |
Technological Progress | Electricity gave birth to new industries. |
Corporation | Development of the business corportion |
Robber Barons | Businessmen sometimes used ruthless tactics to destroy competition and to keep workers wages low. |
Andrew Carnegie | Steel production in Pittsburgh. A philanthropist who gave to libraries. |
John D. Rockefeller | Controlled the refining of oil. Force to dissolved it when his company obtained a stranglehold on the oil industry. |
Problems faced by Workers | Long hours, Low wages. poor working conditions, repetitive tasks. child labor. lack of job security. |
Knights labor | Terrence Powderly |
American Federation of Labor | Begun by Samuel Gompers |
Government Attitude towards Unions | Government had anti-union bias. Many government saw unions as driving up the cost of goods. Haymarket Affair of 1886. |