3-The rise of business and industry Flashcards
(24 cards)
corporation
a company created by individuals, stockholders, or shareholders.
Shareholders- buy stocks to be part owner
vertical integration
when a company owns different part
stock
a share in the ownership of a company
monopoly
when a company has practically no competition
sweatshop
factories where people had to work for very long hours and were not paid a lot
knights of labor
organized union in U.S.
first union president= terence powderly
A.F.L.
triangle shirtwaist fire
mass production
assembly line
standard oil
sherman antitrust act
robber baron
gilded age
captain of industry
philanthropy
john rockefeller
andrew carnegie
henry ford
JP morgan
thomas edison
cornelius vanderbilt
samuel gompers
terence powederly