Chapter 14 Test 2
Terms
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- Private police force hired by employers to break up strikes.
- Pinkertons
- inventor who developed the idea of a central electrical power station
- Edison
- location of labor rally that turned into a riot after someone threw a bomb inot a police formation
- Haymarket Square
- location of a strike at Carnegie steel plant that resulted in violence
- Homestead
- inventor who established American Telephone and Telegrah company
- Bell
- industrialist who preached "Gospel of Wealth"
- Carnegie
- political radicals who oppose all government
- anarchists
- strike breakers who replace striking workers
- scabs
- made the idustrial growth of the late 1800's possible
- technological changes
- symbol of American ingenuity
- building of Brooklyn bridge
- vertical consolidation
- controlling all phases off the steel business
- industrialists of big business usually admired
- philanthropic activities
- growing discontent among workers
- increased interest in the labor movement
- a group of small unions, each devoted to a single craft
- american federation of labor
- caused favtory workers to endure hash conditions in late 1800's
- ample supply of available workers
- affected the distribution of weatlth by
- putting the wealth in the hands of a few industriults
- was not a direct effect of the invention and aplication of electricity
- wider use of trusts and cartels
- employers sometimes replace striking workers with other workers called
- scabs
- according to this, as more items are prduced the cost per item goes down
- economy of scale
- the philosophy that advocates collective or government ownership of property is called
- socialism
- the american federation fo labor wanted employers to participate in
- collective bargaining
- political radicals who poopse goverment are called
- anarchists
- the merger of 2 or more businesses that sell the same product is an example of
- trust
- when a company has no competition for the marketing of its product the company is said to have created a
- monopoly