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Ind. Rev.

Industrial Revolution

TermConnection 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
Created by: syhodges
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