chapter 17 ap history Flashcards

1
Q

Patents

A

Protect on idea by putting your name on it, no one can steal the idea

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2
Q

Cyrus W. Field

A

Laid first transatlantic telegraph cable

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3
Q

Bessemer process

A

Convert iron to steel by blowing air through molten air to burn out impurities

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4
Q

Standard oil

A

Owned 90% of oil(Rockefeller). George Bissel discovered oil as a fuel source.

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5
Q

Taylorism

A

Manage human labor and make it compatible with demands of machine age, sub divide tasks for quicker production

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6
Q

Cornelius Vanderbilt

A

One of the men who owned vast amounts of railroad, aided in expanding railroad

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7
Q

Corporations

A

Came up when individuals could no longer finance their great ventures; raise money by selling stock to public

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8
Q

Stock

A

Capital raised by businesses through the issue of shares

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9
Q

Limited liability

A

Only risk how much you invest

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10
Q

Andrew Carnegie

A

Scottish immigrant who was the “rags to riches” man, dominated the steel industry, and believed in sharing wealth with society

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11
Q

J. Pierpont Morgan

A

Bought out Carnegie interests for $450 million and merged with others to form United States Steel Corporation

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12
Q

Consolidation

A

Process of businesses combining into one powerful corporation

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13
Q

Horizontal integration

A

Combine firms engaged in the same enterprise into one corporation

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14
Q

Vertical integration

A

Take over different enterprises you rely on for primary functions

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15
Q

John D. Rockefeller

A

Created the standard oil company of Ohio, served as the leading symbol of monopoly in the 1880s

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16
Q

Holding company

A

A central corporate body the would buy up the stock of various members of the standard oil trust and establish direct, formal ownership of the corporations in the trust

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17
Q

Erie war

A

1868 Cornelius Vanderbilt battled jay gould and Jim Fisk for control of the Erie railroad, both sides offered bribes during the dispute

18
Q

Social Darwinism

A

Charles Darwin’s laws of evolution and natural selection among species to human society, only the fittest individuals survive and flourish in the marketplace

19
Q

Herbert spencer

A

English philosopher who was the first and most important proponent of social Darwinism; society benefitted from the elimination of the unfit and the survival of the strong and talented

20
Q

Adam smith

A

Defined the law of supply and demand

21
Q

Gospel of wealth

A

1901 book written by Andrew Carnegie which stated that the wealthy should consider all revenues in excess of their own needs as trust funds to be used for the good of the community

22
Q

Acres of diamonds

A

Idea delivered by Russell H. Conwell in which he told storied of individuals who had found opportunities for extraordinary wealth in their own backyards; one farmer found a diamond mine in his field

23
Q

Horatio Alger

A

Most famous promoter of the success story who grew very wealthy from his writings

24
Q

Dynamic sociology

A

1883 Lester frank ward argued that civilization was not governed by natural selection but by human intelligence, which was capable of shaping society as it wished

25
Q

Laissez-fairs

A

Abstention by governments from interfering in the workings of the free market

26
Q

Progress and poverty

A

Published by Henry George of California in 1879 which became one of the best selling nonfiction works in American publishing history; explained why poverty existed amidst the wealth created by modern industry

27
Q

Looking backward

A

1888 Utopian novel by Edward Bellamy which described the experience of a young Bostonian who went into a hypnotic sleep in 1887 and awoke in 2000 to a new societal order where want, politics, and vice were unknown

28
Q

Chinese exclusion act

A

1882 banned Chinese immigration into U.S. For 10 Years And barred Chinese already in U.S. from becoming naturalized citizens

29
Q

Spindletop oil field

A

One of the greatest oil deposits in U.S., TX, standard oil

30
Q

Child labor laws

A

Tried to limit the number of children working

31
Q

National labor union

A

A polyglot association claiming 640,000 members that included a variety of reform groups having little direct relationships with labor

32
Q

Molly maguires

A

A militant labor organization in the anthracite coal region of Pennsylvania, sometimes used terrorist tactics

33
Q

Knights of labor

A

Led by Uriah S. Stephens, membership was open to all who “toiled,” welcomed women members, founded in 1869, hoped to replace Wage system with cooperative system

34
Q

Terence Powderly

A

Led the Knights of labor to move into the open and expand

35
Q

AFL

A

Became the most important and enduring labor group in the country; represented mainly skilled workers; sought equal pay for women but they were not allowed to join the federation; American federation of labor

36
Q

Samuel Gompers

A

Powerful leader of the AFL, believed women should stay in the home

37
Q

Haymarket square

A

Labor and radical leaders called a protest meeting here, someone threw a bomb that killed 7 officers and injured 67 others after the police ordered the crowd to disperse; police began to fire into the crowd

38
Q

Homestead strike

A

Wages were being cut at the homestead plant, workers came together and formed the Amalgamated; the Pinkertons were brought in to shut down the strike and violence broke out; the Amalgamated won but the government broke in and brought an end to the strike

39
Q

Pullman Strike

A

A strike that broke out because the Pullman Palace Car Co. reduced wages but did not reduce the rent on the house their workers lived in

40
Q

Eugene V. Debs

A

Led the American Railway Union; refused to handle Pullman cars to support the Pullman palace cars co. Strike

41
Q

Peter Altegeld

A

Governor of Illinois, favored strikes and governed in their favor

42
Q

Labor Contract Laws

A

Permitted employers to pay for the passage of workers in advance and deduct the amount later from their wages