Unit 5 More Cards Flashcards
Edwin Drake
Steam powered drill- First successful oil well drilled in Titusville, Pensilvania
Proprietorship/Partnership
Early 1800s businesses owned by single person/family, personally responsible for obligations and debts
Laissez-Faire
“Leave it be”, economic policy of gov’t which stresses no interference in business
Sherman Anti-Trust Act
outlawed any trust that (outlawed monopolistic business practices) “restrained trade and commerce among the states”, difficult to enforce, court decisions usually favored business
Knights of Labor
All races, genders, unskilled workers; promoted equal pay for all; strike as last resort- Terrance Powderly.
American Federation of Labor
Organized by Samuel Gompers; United skilled craft unions, collective bargaining- strikes used as tactic to create change.
American Railway Union
Eugene Debs; all workers in one industry regardless of job type (in terre haute, Indiana)
Haymarket Sqaure Riot
Chicago; protest of McCormick reaper works employees; bomb blast kills policemen. 8 labor leaders tried and convicted without evidence; public begins to view labor movement and unions as violent
Homestead Mill Strike
Steelworkers strike for shorter hours, higher wages, Carnegie’s manager hires cabs and calls in Pinkerton Agency ‘detectives’; national guard sent to reopen mill and establish order; Union loses support after several months on strike
Pullman Strike
Workers on strike reduced wages, company does NOT lower rent and prices. Strikes by RR workers shuts down rail systems across U.S. U.S government sent in troops to end strikes. Shows gov’t sides with business over labor; shows, power of nationwide unions
Steam Engine
James Watt; steam power first used to power factory machinery but later used for transportation
Steamboat
Robert Fulton; made travel possible upriver
Steam Locomotive
Invented in England, but will give Americans the power to travel over most areas of land
Street Cars
Later powered by overhead electrical wires and riding on rails
Cable cars
Passenger cars that attacked to a steam-driver moving cable below the street surface were pulled by the cable along the street; especially useful in cities with hills that were difficult for horses to climb