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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 |