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U.S HISTORY EXAM STUDY
big bussiness , labor and etc etc
16
History
11th Grade
01/01/2010

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Cards

Term
Eugene V, Debs
Definition
  the leader who formd the American Railway Union an industrial uion of skilled and unskilled workers
Term
horizontal integration
Definition
the process in which a company buys out or controls all of its competitors and thus become a monopoly
Term
andrew carnegie.
Definition
scottish immigrant millionair who became rich in the steel and railroad business
Term
Capitalism
Definition
term that refers to an economic system where private individuals own all means of production. private ownership of businesses.
Term
social darwinism
Definition
Theory that justified the success of the rich and said that the rich  were the fittest.
Term
American Federation of Labor
Definition
craft union that was limited to skilld white workers who focues on collective baraining to reach agreements on wages andhours and used the strike as a major tactic
Term
KNIGHTS OF LABOR
Definition
 Union that died out after the strikes of the 1870s,1880s, and 1890s becaue the public turned againt the unions even though it did not like to use the strike as a major tactic
Term
John D rockefeller
Definition
wealthy leader of standard oil who created the trust as a way for his company to ctrl the oil industry in the U.s
Term
ROBBER BARRON
Definition
term that describes a person who becomes very wealthy  through unethical or illegal business practices such as paying workers very low wages
Term
Pullman Strike
Definition
strike that occurs when railway workers in the company town have their wages cut, but the cost of their housins stay the same.
Term
Socialism
Definition
the economic system in which the govt ctrl the major means of production, distribution and exchange of goods and services in order to create a more equal distribution of wealth
Term
Samuel Gompers
Definition
leader of the american federation of labor
Term
Mother Jones
Definition
union organizer who also fought against the cruelties of child labor and led a childrens march to protest their work condition and injries on the job.
Term
Haymarket Strike
Definition
McCormick company strike in the Chicago that results in the violence  after the police brutality and a bomb kills police and workers
Term
Laissez Faire economics
Definition
 no one should regulate business or "save busines from going under" which is also based off the theory of darwinism "survival of the fittest"
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