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TermDefinition
Thomas Edison American inventor and businessman, who has been described as America's greatest inventor
Gospel of Wealth article written by Andrew Carnegie in June of 1889 that describes the responsibility of philanthropy by the new upper class of self-made rich
Interstate Commerce Act of 1887 United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.
Alexander Graham Bell Scottish-born scientist, inventor, engineer, and innovator who is credited with patenting the first practical telephone
Child Labor use of children in industry or business
Trans-Continental Rail Road It was the project of two railroad companies: the Union Pacific built from the east, and the Central Pacific built from the west
Sherman Anti-Trust Act landmark federal statute in the history of United States antitrust law
Bessemer Process first inexpensive industrial process for the mass production of steel from molten pig iron
John D. Rockefeller American oil industry business magnate and philanthropist
Labor Union organized association of workers, often in a trade or profession, formed to protect and further their rights and interests.
Monopoly exclusive possession or control of the supply or trade in a commodity or service.
Philanthropy desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.
Created by: BrisonNotTiller
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