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Published byShanna West Modified over 9 years ago
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A person who controls the commercial production and sale of goods and services. industrialist
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Union led by Terence Powderly. Consisted of skilled and unskilled workers, women and factory workers. Disappeared by the 1890s. Knights of Labor
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An organization that represents workers get better hours, working conditions and wages. Labor union
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The domination of an industry by one company. One company controls most of an industry. monopoly
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Investment banker who later bought Carnegie Steel and created U.S. Steel. J. Pierpont Morgan
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1894 railway workers strike. Grover Cleveland issued an injunction ordering the workers to stop the strike. Workers refused and the army put an end to the strike. Pullman Strike
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Industrial leaders who became wealthy through unethical means. Robber barons
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Leader of the oil industry. Controlled the Stand Oil Trust. John D. Rockefeller
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1890 law which outlawed trusts and monopolies. Not very effective. Sherman Antitrust Act
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A work stoppage by employees trying to get workers to meet their demands. strike
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Economic theory which talks about how many goods there are to buy and the interest in buying them. Supply and demand
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When a single board of directors controls several corporations in a related industry. Forms a sort of monopoly. trust
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An organization that represents workers in negotiations for wages, hours, conditions, and job security. union
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The growth of cities through immigration and people coming from rural areas. urbanization
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