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| person who invests money in a product or business with the goal of making a profit |
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| tax on imported goods making the price high enough to protect domestic goods from foreign competition |
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| lenient, as in the absence of government control over private business |
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| an inventor who made equiptment that relied on sight rather than sound |
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| method develpoed in the mid-1800s for making steel more efficiently |
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| bridge that has a roadway suspended by cables |
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| productin of goods in large numbers through the use of machinery and assembly lines |
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| company recognized as a legit unit that has rights and liabilities separate from each of its members |
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| exclusive control by one company over an entire industry |
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| association of producers of a good or service that prices and controls stocks in order to monopolize and market |
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| an oil tycoon who made deals with railroads to increase his profits. The worlds first billionaire |
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| system of consolidating many firms in the same business |
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| group of separate companies that are placed under the control of a single managing board in order to form a monopoly |
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| a wealthy investor and the nations most successful steelmaker. He established many charity organizations |
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| system of consolidating firms involved in all steps of a product's manufacture |
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| the belief held by some in the late nineteenth century that certain natins and races were superior to others therefore destined to rule over them |
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| Interstate Commerce Commission (ICC) |
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| first federal agency monitering business operations. Created in 1887 to oversee interstate railroad procedures |
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| 1890 law banning any trust that restrained interstate trade or commerce |
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| small factory where employees have to work long hours under poor conditions for little pay |
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| process in which employers negotiate with labor unions about hours, wages, and other working conditins |
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| system or theory under which the means of production are publically controlled and regulated rather than owned by individuals |
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| labor union that sought to organize all workers and focused on broad social reforms |
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| he formed tha Ameriecan Federation of Labor. He headed the local cigar makers union |
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| American Federatin of Labor (AFL) |
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| labor union that organized skilled workers in specific trades and made small demands rather than seeking broad changes |
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| 1886 labor related protest in chicago which ended in deadly violence |
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| 1892 stike agaisnt carnegie's steelworkers in homestead, pa |
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| lead the american railway uniino. he thought they needed to put pressure on employers |
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