ch 17 industrialization

May 27, 1794 – January 4, 1877
american entrepreneur.built his wealth in shipping and railroads was the patriarch of the Vanderbilt family and one of the richest Americans in history.

was a railroad operating in the Northeastern United States.Headquartered in New York, the railroad served most of the Northeast, including extensive trackage in the states of New York, Pennsylvania, Ohio, Michigan, Indiana, Illinois, and Massachusetts, plus additional trackage in the Canadian provinces of Ontario and Quebec

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contiguous network of railroad trackage[1] that crosses a continental land mass with terminals at different oceans or continental borders. helped open up unpopulated interior regions of continents to exploration and settlement that would not otherwise have been feasible. In many cases they also formed the backbones of cross-country passenger and freight transportation networks.

leading American railroad developer and speculator. Jason Gould was born in Roxbury, New York, the son of John Burr Gould (1792–1866) and Mary More Gould (1798–1841). Gould's father was of British colonial ancestry, and his mother of Scottish ancestry.

he Panic of 1893 was a serious economic depression in the United States that began in that year.[1] Similar to the Panic of 1873, this panic was marked by the collapse of railroad overbuilding and shaky railroad financing which set off a series of bank failures

American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric

was the first inexpensive industrial process for the mass-production of steel from molten pig iron.process is named after its inventor, Henry Bessemer, who took out a patent on the process in 1855

was a Scottish-American industrialist, businessman, entrepreneur and a major philanthropist.

style of management contro

s an integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company is the world's tenth largest steel producer ranked by sales

American oil magnate. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy

was a predominant American integrated oil producing, transporting, refining, and marketing company.

describes a type of ownership and control. It is a strategy used by a business or corporation that seeks to sell a type of product in numerous markets. Horizontal integration in marketing is much more common than vertical integration is in production.

laws that prohibits anti-competitive behavior (monopoly) and unfair business practices. Antitrust laws are intended to encourage competition in the marketplace. [1] These competition laws make illegal certain practices deemed to hurt businesses or consumers or both, or generally to violate standards of ethical behavior

requires the United States federal government to investigate and pursue trusts, companies, and organizations suspected of violating the Act. It was the first Federal statute to limit cartels and monopolies, and today still forms the basis for most antitrust litigation by the United States federal government

was a United States Supreme Court case that limited the government's power to control monopolies

escribes an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies.

was a Scottish social philosopher and a pioneer of political economics.

that described the responsibility of philanthropy by the new upper class of self-made rich

was a company formed in 1856 to undertake and exploit a commercial telegraph cable across the Atlantic ocean, the first such telecommunications link.

was an eminent scientist, inventor, engineer and innovator who is credited with inventing the first practical telephone.

American chain of department stores which was founded by Richard Warren Sears and Alvah Curtis Roebuck in the late 19th century

was an English flag officer famous for his service in the Royal Navy, particularly during the Napoleonic Wars

began on July 14 in Martinsburg, West Virginia, United States and ended some 45 days later after it was put down by local and state militias, and federal troops.
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he first national labor federation in the United States. Founded in 1866 and dissolved in 1873

was the largest and one of the most important American labor organizations of the 1880s

as born in Carbondale, Pennsylvania, the son of Irish Catholic immigrants. He was a highly visible national spokesman for the working man as head of the Knights of Labor from 1879 until 1893. Although the Knights claimed over 600,000 members at its peak in 1886, it was so poorly organized that Powderly had little power.

was a demonstration and unrest that took place on Tuesday May 4, 1886, at the Haymarket Square in chicago

was a demonstration and unrest that took place on Tuesday May 4, 1886, at the Haymarket Square

was an English-born American labor union leader and a key figure in American labor history. Gompers founded the American Federation of Labor (AFL), and served as that organization's president from 1886 to 1894 and from 1895 until his death in 1924.

as an industrial lockout and strike which began on June 30, 1892, culminating in a battle between strikers and private security agents on July 6, 1892. It was one of the most serious disputes in US labor history.

American union leader several times the candidate of the Socialist Party of America