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Chapter 5

TermDefinition
Thomas Edison American inventor who perfected the light bulb
Bessemer Process the process of making steel
Andrew Carnegie's "Gospel of Wealth" a book written by Carnegie explaining the responsibilities of philanthropy
John D. Rockefeller Richest man in U.S history, founder of "Standard Oil"
Interstate Commerce Act of 1887 law passed to regulate the philanthropic abuse of the railroad system
Alexander Graham Bell Inventor of the telephone and the telegraph
Child Labor the working of children
Labor Union A group or organization of other workers for better work conditions
Monopoly control over 1 certain resource or service
Philanthropy the desire to help others, usually with money
Transcontinental- Railroad Railroad that ran across the whole US
Sherman-Anti Trust Act Law passed to weaken the control of monopolistic businesses
Created by: JoshuaMendez