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Eli Whitney
U.S. manufacturer and inventor. He invented the Cotten Gin. -
Mass Production
The production or manufacture of goods in large quantities, especially by machinery. -
Andrew Carnegie
U.S. steel manufacturer and philanthropist, born in Scotland. -
Samuel Gompers
U.S. labor leader, born in England: president of the American Federation of Labor 1886–94, 1896–1924. -
Homestead Riot
The Homestead Strike was an industrial lockout and strike which began on June 30, 1892, culminating in a battle between strikers and private security agents on July 6, 1892. The battle was the second largest and one of the most serious disputes in U.S. labor history second only to the Battle of Blair Mountain. -
Capital
The city or town that is the official seat of government in a country, or state. -
Patent
The exclusive right granted by a government to an inventor to manufacture, use, or sell an invention for a certain number of years. -
Social Democracy
The principles and policies of a Social Democratic party. -
Laissez Faire
The theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs. -
Bessemer Process
A process of producing steel, in which impurities are removed by forcing a blast of air through molten iron. -
Monopoly
Exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. -
Labor Union
An organization of wage earners or salaried employees for mutual aid and protection and for dealing collectively with employers; Trade Union. -
Pullman Strike
Important labor dispute, on May 11th, 1894. Workers of Pullman Palace Car Company in Chcago protest to cut wages and finances. -
Urbanization
Taking on the characteristics of a city. -
Enterprise
A project undertaken or to be undertaken, especially one that is important or difficult or that requires boldness or energy. -
Collective Bargaining
The process by which wages, hours, rules, and working conditions are negotiated and agreed upon by a union with an employer for all the employees collectively whom it represents. -
Thomas Edison
Inventor, especially of electrical devices. -
John D. Rockefeller
1874–1960, U.S. oil magnates and philanthropists. -
Socialism
A theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. -
Means Production
Private ownership of the means of production, creation of goods or services for profit or income, competitive markets. -
Entrepreneur
A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. -
Communism
A theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state. -
ICC
Intercourse and traffic between citizens or inhabitants of different states; includes not only the transportation of persons and property and the navigation of public waters for that purpose, but also the purchase, sale, and exchange of commodities. -
AFL
the formation of a political unity, with a central government, by a number of separate states, each of which retains control of its own internal affairs. -
Sherman Antitrust Act
An act of Congress (1890) prohibiting any contract, conspiracy, or combination of business interests in restraint of foreign or interstate trade. -
Knights Of Labor
A secret workingmen's organization formed in 1869 to defend the interests of labor. -
Haymarket Riot
A square in Chicago: scene of a riot in 1886 between police and labor unionists. -
Eugene V. Debs
U.S. labor leader: Socialist candidate for president 1900–20.
