Industrialization/Unions 5,6,7

1882 federal law banning Asian immigration for 10 years

First inexpensive industrial process for the mass-production of steel

1893 Rail workers strike. Court ruled the strike illegal because it interfered with the US mail

An order to end a strike

Mogul who owned Standard Oil Company. Created his fortune using vertical/horizontal integration

Combination of several competing firms under a single head

Labor organization of skilled craftsman founded by Samuel Gompers (1886)

method of business expansion that involves buying your competitors' companies

Steam Revolution; Railroad; Land, labor, capital; need for independence from Britain

Wealthy entrepreneurs built huge commercial empire in railroads, steel, banking, shipping

1892 Pittsburgh steel workers' strike against the Carnegie Steel Co./10 workers killed

person who organizes, runs, & takes the risk of a business venture

The process of increasing the territory of the US 

Wall Street financier/businessman/bought Carnegie Steel & created US Steel (1st billion $$corp)

organization of employees formed to bargain with employer(for higher wages, shorter work hours)

Economic system that functions w/out gov. interference/supply & demand determine wages, Prices

AFL founder and labor leader

Provided for a nation wide railroad

When union members refuse to work in an attempt to pressure a boss to give them what they want 

Labor organization for unskilled workers, formed by radical unionists & socialists in 1905

1st nationwide industrial union/1 of leaders executed for killing cop during Haymaker Riot

method of business expansion involving buying up all your raw material&transportation suppliers

1869 it facilitated western settlement (expansionism); it ran from Atlantic to Pacific

1886 Labor rally in Chicago (during McCormick strike) /turned violent/killing 7 police

economic/social philosophy that argues for unrestrained competition & against giving to charity

owner of US Steel/dominated the steel industry/donated much of his money to charity

Entrepreneurs who made their fortunes by using bribery,inside trading,cheating, & ruthlessness

Shift from agricultural society into one based on manufacturing of goods & services. 

Gov. provides for basic welfare for the mass of society (not private individuals) 

Time of unprecedented industrial growth, Boom or Bust economy/wave of immigration