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| When a large amount of a supply is made quickly for a cheap amount of mony. |
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| a work place were people who worked long hours for barley no pay and poor conditions |
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| Intorduced the idea of a moving assembly line with made an advancement in the suto industry in america |
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| Shares if a corpirations profits |
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| a groupof corpirations run by a single board of directors |
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| when the raliroad line connected which created more efficent transportation for people and goods |
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| a buisness owned by investors |
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| Made a railroad empire by ruthlessly crushing his competetors |
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| Combing two or more compinies into 1 |
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| CReated a steel empire by using the bessmer process, buying out his competetors and gaining contorl of every step to make steel ( iron mines, steel mines, railroads, and shipping lines) |
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| Used his profits from the banking industry to gain control of major corpirations |
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| American Federation of Labor (AFofL) |
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| An organization of trade unions that repersented skilled workers founder: samuel gompers |
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| shares of a business owend by a coprpiration |
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| Leader of the oil industry and founder of standard oil co.brought out competers or drove them out of business by slashing his oil priceses very low |
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| Buisness owned by private citizens that compete with other businesses |
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| the process by which a union negotitated with a mangement for a contract |
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| special disconts the railroad would give to large usiness owners |
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| someone who sets up a new business to make a profit |
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| controlling all of nearly all of the businesses of an indusrty Ex. rocfeller (standard oil company) |
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| 1869 labor union goals: shorter work day no child labor and equal pay for men and women President: Terence Powderly |
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| ,ore efficently way of making strong teel at lower coast |
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| intorduced by henery ford when a person stays a staion and does the same job for the thig that comes down the line greatly improved the auto industry |
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