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Ind. Rev.
Industrial Revolution
| Term | Connection to IR |
|---|---|
| laissez-faire | a policy or attitude of letting things take their own course, without interfering |
| Social Darwinism | the theory that individuals, groups, and peoples are subject to the same Darwinian laws of natural selection as plants and animals |
| capitalism | an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state; the bosses got richer while workers stayed the same, resulting in strikes |
| Thomas Edison | Inventor of the first electric light and 1000 other inventions |
| Alexander Graham Bell | Inventor of the telephone |
| Eli Whitney | inventor of the cotton gen |
| Robert Fulton | developer of the first successful steamboat |
| Carnegie | steelmaker, invested wisely in iron and steel and founded Carnegie Steel Company |
| Rockefeller | robber baron, founded an oil refinery that bankrupted his competition |
| Morgan | banker |
| Vanderbilt | |
| robber baron | people who lived like nobility, but cheated others to get there |
| captain of industry | a business leader whose means of amassing a personal fortune contributed positively to the country in some way |
| strikebreakers/scabs | a person who works or is employed in place of others who are on strike |
| labor unions | groups of people who ensured that workers get good pay |
| strike | When employees refuse to work, usually in an attempt to negotiate a change in working conditions |
| boycott | withdraw from commercial or social relations with a company |
| picket line | a boundary established by workers on strike, especially at the entrance to the place of work, which others are asked not to cross. |
| sabotage | |
| black lists | |
| monopoly | |
| union | |
| corporation | |
| stock | |
| trust | |
| collective bargaining | |
| The Bessemer Process | |
| steamboat | |
| cotton gin | |
| battery | |
| pasteurization | |
| photograph | |
| stethoscope | |
| telegraph | |
| interchangeable parts | |
| division of labor | |
| child labor |