Chapter 17: Industrial America: Corporation and Conflicts Flashcards

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1
Q

Homestead lockout

A

A labor conflict in 1892 at the Homestead Steel Works in Pennsylvania, resulting in a strike by steelworkers against wage cuts and the use of Pinkerton detectives by management.

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2
Q

management revolution

A

A shift in the organization and management of large corporations in the late 19th and early 20th centuries, characterized by increased efficiency and coordination.

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3
Q

vertical integration

A

A business strategy in which a company controls all stages of production, from raw materials to distribution.

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4
Q

horizontal integration

A

A business strategy in which a company acquires or merges with competitors in the same industry to achieve market dominance.

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5
Q

trust

A

A legal arrangement in which a board of trustees holds and manages the shares of several companies, effectively controlling them and eliminating competition.

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6
Q

deskilling

A

The process of simplifying and standardizing tasks in the workplace to make jobs easier to perform, often reducing the need for skilled labor.

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7
Q

mass production

A

The manufacturing of goods on a large scale using assembly-line methods to increase efficiency and reduce costs.

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8
Q

scientific management

A

A management approach developed by Frederick Taylor that focused on maximizing worker efficiency through careful study and standardization of work processes.

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9
Q

Chinese Exclusion Act

A

A law passed in 1882 that severely restricted Chinese immigration to the United States, reflecting anti-Chinese sentiment.

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10
Q

Great Railroad Strike of 1877

A

A nationwide strike by railroad workers in response to wage cuts, leading to violent clashes with the authorities and the military.

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11
Q

Greenback-Labor Party

A

A political party in the 1870s and 1880s that advocated for the expansion of paper currency (greenbacks) and represented labor interests.

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12
Q

producerism

A

A belief that farmers and industrial workers were the true producers in society and should have more influence in government and economic policies.

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13
Q

Granger Laws

A

State laws passed in the late 19th century to regulate the rates charged by railroads and grain elevator operators, inspired by the Grange movement.

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14
Q

Knights of Labor

A

A prominent labor organization in the late 19th century that advocated for the rights of workers, including better wages, working conditions, and an eight-hour workday.

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15
Q

anarchism

A

A political philosophy that advocates for the abolition of government and the establishment of a society based on voluntary cooperation.

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16
Q

Haymarket Square

A

The site of a labor protest and a violent confrontation between police and demonstrators in Chicago in 1886, leading to the Haymarket affair and the trial of anarchist leaders.

17
Q

Farmers’ Alliance

A

A late 19th-century organization of farmers that sought to address economic issues and promote agricultural cooperatives.

18
Q

Interstate Commerce Act

A

A federal law passed in 1887 that regulated the railroad industry and established the Interstate Commerce Commission (ICC) to oversee it.

19
Q

closed shop

A

A workplace in which only union members are allowed to be hired, ensuring that all workers are part of the same labor organization.

20
Q

American Federation of Labor

A

A major labor union founded in 1886, which focused on skilled workers and collective bargaining for better wages and working conditions.