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SS Vocab 1

TermDefinition
Petroleum Oily Flammable Liquid
Bessemer Steel Proccess New steel making methods, uses less coal
generator A machine that produces an electric current
Thomas Edison Found the most ways to use electricity.
Alexander Graham Bell Invented the telephone
patent A document giving an inventor rights to make and sell their inventions.
Centennial Exhibition an exhibition to celebrate America’s 100 birthday
business cycle The pattern of good and bad times in the economy.
Transcontinental Railroad One that spanned the entire country
standard time Four different time zones
robber baron A business leaders who became wealthy through dishonest methods.
corporation A business owned by inventors who buy part of the company through states of stock
Andrew Carnegie Dominated the steel industry
John D. Rockefeller Dominated the oil industry
monopoly A company that wipes out its competitors and controls an industry.
Trust Legal bodies created to hold stoke in many companies, often in the same industry.
philanthropists Some one who gives large amounts of money to charity.
Gilded Age That although society had some wealthy people, there were some serious problems like corrupted politics and wide spread poverty
Sweatshops Places where workers labor long hours under poor conditions
Knights of Labor an organization of workers from all different trades
socialism an economic system in which all members of a society are equal owners of all businesses; members share the work and the profits.
Haymarket Affair union leaders and police clash, several are killed.
Pullman Strike caused when wages were cut.
Eugene V. Debs A leader of an American railway Union.
Samuel Gompers An organizer of the AFL
American Federation of Labor (AFL) An organization of unions
Created by: 1964112972
Popular English Vocabulary sets

 

 



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