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social studies

vocabulary

TermDefinition
petroleum an oily flammable liquid
Bessemer Steel Process a new steel making method that uses less coal and was created in the 1850s
generator a machine that produces electricity
Thomas Edison the inventor of the light bulb
Alexander Graham Bell the inventor of the telegraph
patent a document giving an inventor right to market and sell their invention
Centennial Exhibition an Exhibition in Philadelphia that celebrates Americas 100th birthday
business cycle a pattern of good and bad times
transnational railroad a railroad that crosses an entire continent
standard time the four time zones that railroad companies set up
robber baron a business leader who became wealthy by using dishonest methods
corperation a company that raises money by selling shares of stock
Andrew Carnegie A wealthy business man who controlled the steel industry
John D. Rockefeller A wealthy business man who controlled the oil company
monopoly a company that wipes out its competitors and controls an industry
trust a legal body created to hold stock in many companies often in the same industry
philanthropists a person who contributes money to charity
Gilded age The era of the late 1800s which was a time of fabulous wealth for a few Americans
sweatshops a place where workers labor for long hours under poor conditions
Knights of Labor an organization of workers for all different trades
socialism
Haymarket affair union leaders and police clash , several are killed
Pullman strike
Eugene V Debs Leader of the American Railway Union
Samuel Gompers organizer of the AFL
American Federation of Labor
Created by: 1966041764
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