1. Labor

2. The workers, or employees, of a company

3. Management

4. People who are ‘in charge’ of a company – they make the decisions

5. Union www.lclark.edu/~soan221/96/fightwewin.JPG

6. An organized group of workers who “fight” to improved various working conditions

7. American Federation of Labor libweb.hawaii.edu/.../hwrd/hwrd_gifs/238f.gif

8. A labor union created by Samuel Gompers. They used strikes to get higher wages and shorter hours

9. Big Business

10. Term used to describe the corporation sand monopolies since the industrial revolution of the late 1800s.

11. Capital

12. The total worth of a company in money, stocks, goods,,or machinery (assetts)

13. Capitalism

14. Economic system where there is private ownership, competition, and profit.

15. Andrew Carnegie www.spdconline.org/.../images/CarnegieSteel3.JPG

16. Scottish immigrant who dominated the steel industry by 1890. He later sold his steel company and supported charities.

17. Child Labor Laws “Abolish Child Slavery” www.classbrain.com/.../uploads/child-labor.jpg

18. Laws designed to protect children who work in industry or agriculture

19. Collective Bargaining

20. Negotiations, or discussions, between a union and management usually about wages, hours, work conditions, or rules at the workplace.

21. Competition

22. The opportunity for businesses to provide the best product or service at a lower price than other businesses

23. Congress of Industrial Organizations

24. In 1938 the industrial union joined together and formed this organization, called the CIO

25. Consumer Goods

26. Products made or grown by producers, and used by the people.

27. Corporation

28. A business that is owned by many investors (stockholders)

29. Entrepreneur

30. An individual who organizes and manages a business for profit ($$)

31. Samuel Gompers upload.wikimedia.org More rights for workers!

32. He create the American Federation of Labor – a powerful union in the United States

33. Homestead Strike cache.eb.com/eb/image?id=71048&rendTypeId=4

34. 1892 steel strike in Homestead, PA over wages. The strike ended in violence with the U.S. government send in the national guard

35. Industrial Revolution

36. General period of time in the late 18 th century AND 19 th century when goods that were usually made in the home or small shop were produced in factories with new inventions.

37. Sweatshop www.burnside.school.nz/.../sweatshop.jpg www.mcps.k12.md.us/.../sweatshop_mumbai.jpeg

38. Workplace where people labor long hours in poor conditions for low pay – an awful place to work