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Robber Baron
Ruthless business man; petina of unscrupulousness to him
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Second Industrial Revolution
built around steal and internal combustion engine; modern science emerges
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Cornelius Vanderbuilt
Robber Baron; starts poor. becomes wealthy by transporting people in boats. Buys judges. Expands to railroads. "Colossus of Roads"
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Steel
strong and more flexble than iron. Couldn't mass produce until 1850's (Bessemer Method). Used to build skyscrapers
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Andrew Carnegie
"Steel Tycoon" from Scottland. Grows up poor. Saves and invests. Becomes wealthy, invents "U.S. Steels"
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Corporation
practice in Carnegie's time. Own legal personhood. provides buffer between company and employer
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Trust
Corporation of corporations
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John Rockeffeller
Makes money in oil. Controlled 90% of oil in America and lowers prices. Gas engines become popular.
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Standard Oil
Founded by John Rockefeller
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Sears/ Roebuck
Produce male order catalog. National market to consumers
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Trade Unionism
workers collectively bargain with management for better wages and working conditions
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Muckraking
type of journalism exposing business practices, corrupt governments, poor social conditions, etc. Hallmark of progressive movement.
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Progressives
Reeformers who believe in using the power of government to affect what they see as positive social change
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Public Schooling
acheivement of progressives in the late 1800's; children should go to school instead of working.
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Panic of 1873
U.S. Grant's aministration attempts to buy all the gold (corner the market). One of the worst financial scares.
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Populists
Farmers/ people in rural areas who dislike and try to limit the influence of banks, big businesses, and railroads.
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Thomas Edison
Great, uneducated scientist from New Jersey who invented the functioning incandescent light bulb, film, and record player. Resented educated scientists.
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Niciola Tesla
Comes to America to work. Later works for Thomas Edison. Profects Alternating Current as a method of transmitting electricity. Has a photographic memory and synesthesia.
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Electrification
process of establishing connections between homes, businedsses, and powerstations; known as "The Grid".
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Tabulating Machine
Invented by Herman Hollerith. Punches holes to record data. Looks similar to scantron.Without this machine, nothing BIG was possible.
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