big business

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7 Terms

1
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advantages of big business

more product (greater efficiency) , saving in cost by great production(economy of scale), delegation of power (manger system)

2
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disadvantage of big business

unfair competition practices, corruption, destroyed labor union movements

3
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what’s the gospel of wealth

made by Andrew Carnegie to say why philantrophy was important for the rich

4
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Terrence Powderly

made the knights of labor union any kind of labor worker was accepted

5
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Samuel Gompers

leader of the American federation of labor

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Eugene V Debs

made the first major labor union

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Mary Harris jones “mother”

advocated against child labor