the freedom to run a business for profit with minimal regulation beyond what is necessary to protect public interest.

people who build and manage businesses or enterprises in order to make a profit.

a number of people share the ownership of a business.

allow businesses to operate with no government regulation.

taxes that made imported goods cost more than those made in the United States.

grant by the federal government giving an inventor the exclusive right to develop, use, and sell an invention for a set period of time.

established a research lab in Menlo Park, New Jersey; received more than 1,000 patents for new inventions and scientific discoveries; invented the light bulb.

developed technology to send electricity over long distances which lit city streets and powered homes and factories, extending the number of hours in the day when Americans could work and play.

invented the telegraph

patented the telephone

Invented the wireless telegraph, which later was developed into the radio.

developed the process for purifying iron to make strong, but lightweight, steel.

titan of the steel industry (US Steel Co.) supplied steel for bridges, skyscrapers, and railroads

oil industry (Standard Oil) bought all of the competition becoming worlds most valuable monopoly.

finance industry; once loaned money to US govt. to help during a crisis

railroad industry; monopoly over transportation and shipping on east coast

monopoly created by buying all of the resources and companies related to your industry

goal of this type of monopoly is to keep costs down

this form of creating a monopoly was used by Rockefeller (Standard Oil) and more recently Apple.

monopoly created by buying up all of your competitors companies to eliminate competition

goal of this type of monopoly was to control pricing

this form of creating a monopoly was used by Carnegie (US Steel Co.) and more recently Kraft Foods and Disney

industry driven by private companies

the number of cities and people living in them increased dramatically.

Eugene V. Debs

Terence Powderly

Samuel Gompers

groups of workers refusing to work until demands are met

negotiating as a group with their employer for higher wages or better working conditions.

reasons why immigrants were leaving their home country

famine, war, religious persecution are all examples of ...

reasons why immigrants wanted to come to America

jobs, land, freedom are all examples of ...

New York harbor station were immigrants were first processed before entering the country.

Processing center for Chinese immigrants, opened in San Francisco Bay.

1,400 workers participated in a meeting organized by the Knights of Labor. Turned into a riot, bomb thrown at/killing 7 policemen, 67 people injured. Unions were now seen as bad for US economy and led by anarchists.

Eugene Debs aided striking rail workers by refusing to handle railroads that used immigrant workers. Strike turned violent, President Grover Cleveland sent federal troops to “break the back” of the strike. RR yard was burned, 26 civilians killed. Debs arrested and jailed. Union fell apart.

5,000 steelworkers struck against Carnegie's steel plant near Pittsburgh, PA. A battle erupted between the strikers and 300 Pinkertons hired by Frick. Seven guards were killed. 7,000 state troopers were sent in by the Governor and the strike ended.