 The total value of all goods and services that a country produces.

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Presentation transcript:

 The total value of all goods and services that a country produces

 Drilled the 1 st oil well in Pennsylvania.

 More than 17 million immigrants arrived in the U.S. between

 Invented the telephone.

 Invented the phonograph and the light bulb

 Automatic loom allows cloth to be made faster

 Allowed railroad cars to keep meat cold during transport

 Policy that government should interfere as little as possible in the nation’s economy.

 One who organizes, manages and assumes the risk of a business

 The 1 st of many lines that began crisscrossing the nation.

 One of the most successful railroad consolidators

 People who loot an industry and give nothing back.

 Corrupt railroad owner who manipulated stock

 Organization owned by many people but treated by law as though it were a person

 Shares of ownership in a company

 Steel entrepreneur

 Owns all the different businesses on which it depends for its operation.

 Standard Oil Entrepreneur

 Combines firms in the same business into 1 large corporation

 United all workers in a particular industry

 More than 100 people died & over $10 million in railroad property was destroyed.

 1 st successful labor union

 Strike speeches turned to violence and a bomb was thrown

 4 month strike when workers were locked out and replacement workers were brought in.

 Formal court order to end a boycott

 The dominant union of the 1800’s

 1 st president of the AFL

 Group of labor radicals- many were socialists

 By 1900 women made up 18% of the workforce

 Industrialization & urbanization had created many social problems

 A journalist who uncovers abuses and corruption in society

 All party members vote for a candidate to run in the general election.

 The right to vote.

 1. Against child labor  2. Wanted safer working conditions  3. Sherman antitrust act:

 Illegal to form trusts

 Roosevelt used the Sherman Antitrust Act to break up monopolies

 Wrote the best selling book “The Jungle” about the meat packing industry.

 Required federal inspection of meat shipped across state lines.

 Prohibited the sale of impure or falsely labeled food and drugs