Social Studies Module 4 Flashcards

1
Q

leland stanford

A

the governor of california, one of the founders of central pacific railroad, founder of stanford university, made fortune selling equipment to miners

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2
Q

what did the bessemer process allow?

A

steel to be produced quickly and cheaply

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3
Q

what was the american federalization of labor union (AFL)

A

organized individual national unions, such as mine workers and steelworkers unions; limited membership to skilled workers

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4
Q

what did workers do with collective bargaining?

A

they acted collectively to negotiate with management

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5
Q

what were businesses formed by by entrepreneurs?

A

corporations

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6
Q

what did chemists invent in 1850?

A

a way to convert crude oil into fuel called kerosene

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7
Q

what did mary harris jones organize?

A

strikes and educated workers

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8
Q

what did the drop of the price of steel cause?

A

the price of building railroads which generated a boom in railroad construction

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9
Q

who was john d. rockafeller?

A

owner of standard oil company (the country’s largest refinery) and developed horizontal integration. formed a trust, grouping many companies under a single board

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10
Q

what were products that factories started to make out of steel?

A

barbed wire, nails, beams

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11
Q

who was andrew carnegie?

A

one of the most admired businessmen of all time who focused on steelmaking and used vertical integration

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12
Q

what was the knights of labor union?

A

the first labor union, pushed for an eight hour workday, equal pay for equal work, and to child labor; included skilled and unskilled workers

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13
Q

what was the second industrial revolution, and what was important to it?

A

a period of rapid growth in U.S. manufacturing in the late 1800s; technological advances

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14
Q

what did thomas edison do?

A

worked to invent an electric light

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15
Q

what did kerosene do?

A

it created a demand for oil

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16
Q

what and when did alexander graham bell get a patent?

A

the telephone, 1876

17
Q

what is a corporation?

A

businesses that sell portions of ownership called stock shares

18
Q

how did henry ford effect the price of cars?

A

he implemented the moving assembly line

19
Q

what did demand for these products do?

A

it increased steel production from 77,000 tons to one million tons in 9 years

20
Q

what did the discovery of pumping oil out of the ground cause?

A

a huge oil industry to develop

21
Q

what did the sherman antitrust act make illegal?

A

creating monopolies or trusts that restrained trade

22
Q

what is a monopoly?

A

having total ownership over a product or service