What was commonly referred to as The Iron Horse?
The Steam Locomotive (Train)
Describe the Robber Barons of the Gilded Age
Powerful industrious men that squashed all competition, paid low wages, and exploited their workers.
Describe J.P. Morgan
Powerful American finance guy that believed in the US, created the General Electric and bought Craigie Steel
What was the Urban tenement?
Multifamily homes that were crowded.
What was referred to as the Act that legalized racial discrimination?
The Chinese Exclusion Act
Who invented the Model T automobile?
Henry Ford
Who invented the Phonograph?
Thomas Edison
Who invented the Cotton Gin?
Eli Whitney
Who invented the Steam Engine?
James Walt
Who invented the Spinning Jenny?
James Hargreaves
The US government had policies of making few government regulations on industry during the Gilded Age. What is this policy called?
laissez-faire capitalism
What do you call a stockholder’s share of a company’s profits?
dividend
What is collective bargaining?
Discussion between unions and the employers. Unions fight for the workers
What is it called when a company has complete control of an industry?
Monopoly
What is the term used to mean combining two or more companies into one?
Merger
