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Key terms and figures related to the industrial revolution, organized labor, and immigration in the late 19th-century United States.
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Bessemer Process
A processor purifying iron to make strong, but lightweight steel
Corporation
When a number of people share the ownership of a business
Horizontal Integration
Combining many firms/businesses in the same field or business
Monopoly
Complete control of a product or service
trust
When companies assigned their stock to a board of trustees, who combines them into a new organization that the trustees run
entrepreneurs
People who build and manage businesses or enterprises in order to make a profit
Laissez-faire
Policies which allowed businesses to operate under minimal government regulation
Protective Tariffs
Taxes that made imported goods cost more than those made in the United States
Thomas Edison
A creative genius who had only a few months of formal education, held 1000 patents, invented the lightbulb, and developed plans for central power plants
John D. Rockefeller
An Ohio oil tycoon who made agreements with railroads that made it difficult for his competitors to ship their products
Andrew Carnegie
Owner of a steel business who had the first monopoly; he gained control of businesses in all stages of manufacturing, including coal mines, open ores, ships, and railroads
Vertical Integration
A method that allowed companies to reduce costs and charge higher prices to competitors by controlling all stages of manufacturing
Social Darwinism
A theory created by Yale professor William Graham Sumner stating wealth was a measure of one's inherent value and those who had it were the most "fit"
Interstate Commerce Commission (ICC)
Made by congress in 1887 to monitor railroad shipping rates, but only over state lines
Sherman Antitrust Act
Outlawed any trust that operated "in restraint of trade or commerce among the several states"
sweatshops
Small, poorly ventilated shops or apartments crammed with workers, often family members, who pieced together garments
collective bargaining
Negotiating as a group with an employer for higher wages or better working conditions
Socialism
An economic and political system philosophy that favors public, instead of private, control of property and income
Samuel Gompers
A poor jewish immigrant who became the head of cigamakers union in New York and helped found the American Federation of Labor (AFL)
American Federation of Labor (AFL)
A loose organization of some 100 unions of skilled workers devoted to specific crafts
Haymarket Riot
An 1886 labor-related protest in Chicago which included anarchists or radicals and ended in deadly violence on May 4, 1886
Homestead Strike
1892 strike against Carnegie's steelworks in Homestead, Pennsylvania
Eugene V. Debs
Founder of the American railway union (ARU), which was an industrial union that group all railroad workers together
Pullman Strike
Violent 1894 railway workers' strike which began outside of Chicago and spread nationwide
New Immigrants
Southern and Eastern European immigrants who arrived in the United States in a great wave between 1880 and 1920
Ellis Island
Island in New York Harbor that served as an immigration station for millions of immigrants arriving to the United States
Angel Island
A processing center for Chinese immigrants, opened in San Francisco Bay in 1910
Americanization
Volunteer institutions known as settlement houses to help new comers learn English and adopt American dress and diet
Nativism
Inclination to favor native inhabitants as opposed to immigrants
Chinese Exclusion Act
1882 law that prohibited the immigration of Chinese laborers
Urbanization
Expansion of cities and/or an increase in the number of people living in them
mass transit
Public transportation systems that carry large numbers of people
Tenements
Multistory buildings divided into apartments to house as many residents as possible
Gilded Age
Term coined by Mark Twain to describe the post-Reconstruction era as a facade of prosperity