Chapter 15: The Second Industrial Revolution Flashcards
Social Darwinism
The theory that the finest people, businesses, or nations would succed, while the unfit would fail
Edwin L. Drake
Used a steam engine to drill for oil
Horizontal Immigration
Ownership of several companies making the same product
Elijah McCoy
A son of runaway slaves who made a major contribution to the industrial use of oil by inventing a lubricating cup that fed oil to parts of a machine while it was running
Knights of Labor
Labor union with workers of different races, genders, and skills
Vertical Integration
Ownership of businesses involved in each step of manufacturing process
Eugene V. Debs
Head of American Railroad union; supported the Pullman strikes
Bessemer Process
A method of steel making that burned off impurities in molten iron with a blast of hot air
American Federation of Labor
Union founded by Samuel Gompers for skilled workers
Patent
A guarantee to protect an inventor’s rights to make, use, or sell, his or her invention
Cornelius Vanderbilt
Pioneer of Railroad industry
Trust
Group of several companies with directors to eliminate competition
Corporation
Company that sells stock inventor in order to raise money
Gospel of Wealth
Wealthy should help the poor
What spurred the second growth of industrialization in the United States?
Steel