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John D. Rockefeller
an oil tycoon who used horizontal integration to decrease costs and increase profits.
the response to wage cuts at a Carnegie Steel plant in 1892 in which 10 workers were killed
Interstate Commerce Commission (ICC)
first federal agency monitoring business operations, created in 1887 to oversee interstate railroad operations.
Haymarket Square Riot
1886 labor-related protest in Chicago which ended in deadly violence causing many Americans to become wary of unions and turn away from radicalism.
system in which one company controls the businesses that make up all phases of a products development
system which consolidates many firms involved in the same business into one giant company
a violent 1894 strike of railway workers outside Chicago which spread nationally and halted railroad traffic and mail delivery.
American Federation of Labor (AFL)
union that limited membership to skilled craftspeople and focused on economic reforms
Sherman Antitrust Act
law in 1890 that banned any large corporation that restrained interstate trade or commerce
a negative term for business leaders that implied they built their fortunes by stealing from the public
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