Big Business APUSH – Flashcards
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National Labor Union
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labor union, 600k members, pushed social reform
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Knights of Labor
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labour union founded by Uriah Stephens,
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Haymarket Riot
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1886, Riot in Chicago, 100k there, 7 officers died, 4 strikers dead, 18 arrested, promoted anti-immigrant ideas
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American Federation of Labor (AFL)
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1881, founded by Samuel Gompers, non violent craft union
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Samuel Gompers
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Founded AFL, helped workers gain better wages
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Homestead Strike
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1892, violent, against Homestead Steelworks, ultimately put down by police, damaged image of the Unions
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Pullman Strike
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1894, Chicago, nonviolent strike about railroads, against Pullman Palace Car Company, ended by president, gave Unions bad image
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Eugene V. Debs
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President and organizer of the American Railway Union, he organized Pullman strike, helped organize social democratic party
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Industrial Workers of the World
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1902, founded by Haywood and Jones, aimed to unite American working class
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William Haywood
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head of the Industrial Workers of the World, special target of anti leftists legislation
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John D. Rockefeller
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Skillful business organizer, founded the Standard Oil Company, oil monopolist
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Andrew Carnegie
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steel giant that used vertical integration, was an anti trust advocate
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Trust
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an economic tool devised in late 1800s, purpose is to eliminate competition in business, outlawed in 1900s,
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Social Darwinism
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application of ideas about Survival of the fittest, used as justification for monopolies
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Principles of Laissez Faire
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Not wanting government to interfere in business matters, keeping government influence to a minimum
