Industrialization

Wages, Shipping charges, and supplies

• operating costs

• fixed costs

• air brakes

• laissez-faire

Iron Molders' International Union, for example

• trade union

• industrial union

• automatic loom

• trust

Knights of Labor, for example

• industrial union

• trade union

• holding company

• air brakes

began the railroad boom

• Pacific Railway Act

• Holding company

• trust

• automatic loom

loans, mortgages, and taxes

• fixed costs

• operating costs

• trade union

• air brakes

changed bobbins without stopping

• automatic loom

• laissez-faire

• trade union

• trust

enabled longer and heavier trains

• air brakes

• fixed costs

• automatic looms

• Pacific Railway Act

owns stock in companies that produce goods

• Holding company

• operating costs

• holding costs

• trust

"Let the people choose"

• laissez-faire

• air brakes

• Pacific Railway Act

• trade union

manages property for others

• trust

• fixed costs

• air brakes

• trade union