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capital. Money for investment in industry. George M. Pullman. Developed a luxury sleeping car for overnight. philanthropy. The use of money to benefit a community. Standard Oil Company of Ohio. Organized by John D. Rockefeller. George Eastman. Invented the Kodak camera. Pittsburgh.
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capital Money for investment in industry
George M. Pullman Developed a luxury sleeping car for overnight
philanthropy The use of money to benefit a community
Standard Oil Company of Ohio Organized by John D. Rockefeller
George Eastman Invented the Kodak camera
Pittsburgh Leading producer of steel in the U.S.
Time zones Developed in order to coordinate train schedules
Knights of Columbus Formed in 1869 to protect workers’ rights
Assembly line Allowed mass production of goods
consolidation Large companies expand by buying smaller companies or driving them out of business
pools Secret agreements among railroad barons that eliminated competition
Child labor Children under the age of 16 who worked in factories and in agriculture
Henry Ford Began designing cars at his own company in 1903
monopoly Total control by a single producer
Alexander Graham Bell Invented the telephone
corporation A company that sells stock to the public to raise capital
Thomas Edison Invented the light bulb and designed power plants
Haymarket Site of a riot among striking workers that resulted in the deaths of several people
Factors of production Land, labor, and capital
Railroad barons A few powerful individuals who controlled rail traffic