Flashcards: Second Industrial Revolution (1870-1900)

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Created by:

supah on March 26, 2009

Subjects:

second industrial revolution, urbanization, industrialization, edison, unions, rural, corporations

Description:

1870 to 1900

Second Industrial Revolution - The Rise of Machines, Cities, and Corporations

Mr. Lickteig

Fort Riley Middle School

Team 9

Groups:

US History, Mr. Lickteig FRMS, FRMS Team 9 Gurus

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Flashcards: Second Industrial Revolution (1870-1900)

Bessemer process
allowed for quick manufacture of steel, added oxygen to the process
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Bessemer process allowed for quick manufacture of steel, added oxygen to the process
iron and carbon the two elements that make steel
patent "copyright" an invention, allows only the inventor to sell the invention
Thomas Edison inventor responsible for over 1,000 inventions, most used electricity; lightbulb, phonograph, motion picture
Second Industrial Revolution period of rapid growth in machinery in the US in the late 1800s
free enterprise a business that is free from government involvement
laissez-faire the term that means the government is "hands-off" when messing with the economy
entrepreneur someone who starts a NEW business
vertical integration owning businesses involved in each step of a manufacturing process
horizontal integration owning all the businesses in a certain field
trust legal arrangement that groups companies under ONE NAME, aka monopoly
corporation companies that sell shares of ownership, LARGE PUBLIC COMPANIES
stock the term for a share of a company, bought by brokers
philanthropy support for charity and the needy
Darwin the "father" of evolution
Natural Selection Darwin's theory of evolution, said only the strong survive
Social Darwinism applying the theory of evolution to businesses, only the strong will survive
Carnegie father of US Steel, made lots of money
Rockefellar head of Standard Oil, made lots of money
Standard Oil the first major monopoly in the US, Rockefellar was in charge
Wright Brothers inventors of the first in flight airplane
union an organization focused on workers rights
Knights of Labor a union that combined both unskilled and skilled workers, first MAJOR union
American Federation of Labor union that was focused on SKILLED workers; set up special unions for specific workers (miners, teachers, etc)
collective bargaining the process in which the leader of the Union and the Owners come to an agreement
old immigrants immigrants who came to the US before the 1880's, mostly from WESTERN Europe
new immigrants immigrants who came to the US during 1880's, mostly from EASTERN Europe
suburbs areas right outside cities, "under" cities
Chinese Exclusion Act banned Chinese immigrants from coming to the US in the 1880s
Hull House group in Chicago that helped new immigrants learn English and beome educated
urban city
rural farm/country

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