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Bessemer Process
allowed or mass production of steel; process by which blasted air through molten iron made stronger steel
Andrew Carnegie
steel magnate whose steel company used vertical integration to control every phase of the steelmaking process; he became major philanthropist after selling his steel company
J. P. Morgan
businessman who bought Carnegie Steel in 1900 for $400 million and formed US Steel
John D. Rockefeller
formed Standard Oil and utilized horizontal integration
horizontal integration
process by which one company buys out all other companies within the same level of the supply chain
vertical integration
process by which one company buys up all other companies at every level of the supply chain
Robber Barons
negative term used to describe rich capitalists who were supposedly harming the common man by making millions off products they sold
laissez faire (“let it be”)
idea that said business should NOT be regulated by govt, BUT instead by laws of supply and demand
Social Darwinism
idea that said rich people were more “fit” of human species; poor people were “unfit”; said welfare would hurt human species by preserving the “unfit”
Thomas Edison
invented phonograph, light bulb, generator; set up research facility at Menlo Park, NJ; mass produced electricity
Scientific management/Taylorism
idea that to increase efficiency, large jobs were broken into small steps and workers did one thing ALL day
Knights of Labor
union led by Terence Powderley; desired socialist society (more radical); included African-Americans and women
American Federation of Labor
union led by Samuel Gompers; concentrated on wages and working conditions (less radical); skilled, white, males
Haymarket Riot
riot of radical workers in Chicago in 1886 that caused decline in Knights of Labor
Lockouts
pressures workers into accepting management’s offer by not letting workers come to work
Blacklisting
circulating names of pro-union people so they can’t be hired in industry
Yellow-dog contracts
contract that said if workers wanted a job, they couldn’t join union
Pinkerton Guards
private guards hired by management to break strikes by force
Homestead Strike
strike of Pittsburgh steelworkers in 1892 broken by Pinkerton Guards hired by Andrew Carnegie
Great Migration
movement of African-Americans north between 1890 and 1930
Settlement houses
community houses run usually by young Protestant women that provided social services for poor immigrants in cities
Jane Addams
ran Hull House (settlement house in Chicago)
Foran Act
made it illegal for a company to aid in the immigration of laborers by giving them a contract; aimed at unskilled immigrants
Sears and Roebuck
one of the 1st mail order catalog companies
"new" immigration
comprised of southern and eastern Europeans