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S.S. Vocab Sec. 2&3
S.S. Vocab
| Term | Definition |
|---|---|
| transcontinental railroad | A railroad that spanned the entire continent. |
| standard time | A time that everyone uses so railroads have the same schedules. |
| robber baron | A person who becomes wealthy by using dishonest methods. |
| corporation | A business owned by investors who buy part of the company. |
| Andrew Carnegie | A man who dominated the steel industry. |
| John D. Rockefeller | A man who dominated the oil industry. |
| monopoly | When a business is the only place selling a certain product. |
| trust | A legal body created to hold stock in many companies, often in the same industry. |
| philanthropists | Someone who gives large sums of money to charity. |
| Gilded Age | The wealth of a few people his society's problems. |