APUSH Chapter 24 Vocabulary: Industry Comes of Age (1865–1900)

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Vocabulary flashcards covering key terms, figures, court cases, laws, and concepts from APUSH Chapter 24 (Industry Comes of Age, 1865–1900).

Last updated 6:13 PM on 10/2/26
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30 Terms

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Transcontinental Railroad

The railroad completed at Promontory Summit, Utah, in 1869 when the Union Pacific and Central Pacific lines met, connecting the eastern and western United States economically.

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Cornelius Vanderbilt

A powerful railroad businessman who bought and combined major eastern railroad lines into large consolidated systems, acquiring immense wealth and influence.

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Wabash v. Illinois (1886)

A Supreme Court ruling stating that individual states could not regulate railroad traffic crossing state lines because interstate commerce falls under federal authority.

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Interstate Commerce Act (1887)

A federal law intended to regulate unfair railroad practices by requiring published rates, banning price discrimination, and establishing the Interstate Commerce Commission.

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Interstate Commerce Commission (ICC)

The federal agency created in 1887 to oversee interstate railroad operations, serving as an early effort by the federal government to regulate private business.

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Alexander Graham Bell

The inventor who developed the telephone in 1876, enabling direct voice communication over long distances and significantly increasing business speed.

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Thomas Edison

An inventor known as the "Wizard of Menlo Park" who developed practical electric lighting, the phonograph, motion pictures, and electrical systems.

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Andrew Carnegie

An industrialist who built Carnegie Steel into a dominant steel manufacturing empire by utilizing vertical integration before selling his business to J. P. Morgan.

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Bessemer Process

A industrial method that made steel cheaper and faster to produce by blowing air through molten iron to eliminate impurities.

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Vertical Integration

A business strategy where a single company controls multiple consecutive steps in the production and supply chain to lower manufacturing costs.

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John D. Rockefeller

An industrialist who founded Standard Oil in 1870 and acquired control of the majority of American oil refining through horizontal integration.

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Horizontal Integration

A business strategy in which one company buys or absorbs competitor businesses operating at the same stage of production within an industry.

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J. P. Morgan

A banker and financial leader who controlled companies using interlocking directorates and purchased Carnegie Steel to establish U.S. Steel in 1901.

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Interlocking Directorates

A arrangement in which individuals linked to a financial institution or individual sit on the boards of directors of multiple competing corporations.

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U.S. Steel

A steel corporation formed by J. P. Morgan in 1901 after acquiring Carnegie's steel company, becoming the first American enterprise valued at over $1 billion.

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Trust

A business arrangement that places several companies under a single managing board of trustees to limit competition.

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Monopoly

A market condition where a single business entity holds near-total control over an entire industry or product market.

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Social Darwinism

An ideological concept applying biological theories of natural selection to human economic life to argue that economic success resulted from inherent fitness.

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Gospel of Wealth

Andrew Carnegie's belief that wealthy individuals should act as guardians for the public and use their excess wealth to establish philanthropic institutions like libraries and schools.

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Plutocracy

A society or political system ruled or heavily influenced by wealthy individuals using financial resources and political leverage.

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Sherman Antitrust Act (1890)

A federal law intended to prevent business combinations that restricted economic competition, though initial enforcement was weakened by legal loopholes.

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J. B. Duke

An industrialist who built a major tobacco company by utilizing specialized machinery for mass cigarette production.

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National Labor Union

An early national labor organization created in 1866 that sought workplace reforms such as higher wages and an eight-hour workday.

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Knights of Labor

A broad labor union established in 1869 that welcomed skilled workers, unskilled workers, women, immigrants, and Black workers.

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Terence V. Powderly

The prominent leader of the Knights of Labor who led the organization as it grew into a broad reform-oriented movement.

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Haymarket Square (1886)

A labor demonstration in Chicago that turned deadly after a bomb was thrown at police, creating public backlash that associated unions with violence and harmed the Knights of Labor.

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American Federation of Labor (AFL)

A labor federation founded in 1886 that focused mainly on skilled trade workers and direct workplace improvements.

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Samuel Gompers

The long-serving president of the American Federation of Labor who advocated for practical workplace goals rather than political social restructuring.

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Bread-and-Butter Unionism

The AFL strategy focused strictly on practical, immediate workplace objectives: higher wages, shorter working hours, and better working conditions.

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Closed Shop

A business agreement under which an employer agrees to hire exclusively union members, giving the labor union greater bargaining leverage.