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Ch 5 Vocab
| Question | Answer |
|---|---|
| Child Labor | The use of children in industry of business especially when illegal or considered inhumane |
| Union | An organized of workers formed to protect and further their rights and interest a labor union |
| Transcontinental railroad | A train route across the US finished in 1869 |
| Monolopy | The exclusive possession or control of the supply or trade in commodity or service |
| Philanthropy | The desire to promote the welfare of other expressed especially by the generous donation of money to a good cause |
| Anti-Trust Act | Prohibiting any contract, conspiracy or combination of business interest in restraint |
| Thomas Eddison | American inventor and businessman, who was described as America's greatest inventor |
| Bessemer Process | A steel-making process, in which carbon, silicon and other impurities are removed from molten big iron by oxidation in a blast of air |
| Andrew Carnegie's Gospel of Wealth | Book written by Carnegie in June 1889 that describes the responsibility of Philanthropy by the new upper class self-made rich |
| John D. Rockefeller | American oil industry business magnate and philanthropist |
| Interstate Commerce Act of 1887 | US federal that was designed to regulate the railroad industry, particularly it's monopolistic practices |
| Alexander Graham Bell | Scotish- born scientist, inventor, engineer, and inavator who created the first practical telephone and founding the American telephone & telegraph company in 1885 |
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