gaurantee to protect an inventor's rights to make, use, or sell the invention
Railroad that joined the Central Pacific and Union Pacific railways and went from Nebraska to the Pacific Ocean.
Invention by Samuel Morse that was a means of communication over wires with electricity
Process of converting iron ore into steel by burning off the impurities in the iron with a blast of hot air.
Edwin L. Drake
Used a steam engine to drill for oil in Pennsylvania even though people said he was crazy at first.
Invented a lubricating cup that fed oil to parts of a machine while it was running.
Developed a compressed air brake for trains
Alexander Graham Bell
Invented the telephone
Thomas Alva Edison
Invented a telegraph that could send multiple messages at once, an electric vote recorder, stock ticker, phonograph, lightbulb and more.
Assistant to Thomas Edison who opened one of the world's first electric power plants
Economic system in which private business run most industries, and competition determines how much goods cost and workers are paid
The idea that economy will prosper if business were left out of government regulation and allowed to compete in a free market
Theory created by Karl Marx stating that individual ownership of property should not be allowed.
Idea that society progresses through natural competition. The fittest people, businesses, or nations will rise to positions of wealth and power.
Large business where organizers raise money by selling shares of stock or certificates of ownership in the companies.
When a group of companies come together and give control of their stocks to a board of trustees to reduce competition in an industry.
When a trust gains complete control of an industry
Acquiring the companies that provide the materials and services upon which ones enterprise depends upon.
When one's company controls other companies producing the same product.
Horatio Alger Jr.
Author during the seconds industrial revolution who published a series of novels that reflected individualism.
Steel baron who worked his way up the corporate ladder in the railroad business and invested in steel and eventually became the richest man in the world after selling his successful steel company.
John D. Rockefeller
Oil tycoon who founded the Standard Oil Company
Pioneer of the railroad industry who controlled 4500 miles of railroad
Successful railroad man who designed more comfortable railroad cars.
People who oppose all forms of government
Sherman Antitrust Act
Legislation passed by congress in 1890 outlawing all monopolies and trusts that restrain trade.
Knights of Labor
Successful, early national union led by Uriah Stephens and later Terence Powderly.
Irish Catholic, machinest and the mayor of Scranton, PA who became the leaderr of the Knights of Labor and allowed all workers into the union
Mary Harris Jones
Prominent woman in the Knights of Labor. She organized strikes, marches and demonstrations for the group after her whole family died in the yellow fever epidemic
Year (1886) where the nation experienced a year of intense strikes and violent labor confrontations
Strike against McCormick company where a bomb went off and police responded with gunfire.
American Federation of Labor
Union founded by Samuel Gompers in 1886 that organized independent craft unions into a group that worked to advance the interests pf skilled workers.
Eugene V. Debs
head of the American railway union who supported the pullman strikers