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Big Business and Labor

Teacher: MR. DRANE
Across
1894, strike called when Pullman company failed to restore wages or decrease rents resulting from economic depression following Panic of 1893;
refusal to work; caused work stoppage
wealth in money or property
put on a list so that they would never again get (railroad) jobs
passed in 1890, made it illegal to form a trust that interfered with free trade between states or with other countries
English naturalist who wrote On the Origin of Species, detailing the theory of biological evolution by means of natural selection
craft union with Samuel Gompers as its president
led the Cigar Markers' International Union to join with other craft unions in 1886;
founder of the Standard Oil Company; opted for trust agreements; reaped huge profits by paying employees low wages and driving competitors out of business by selling oil at a lower price than it cost
industrial union with both unskilled and skilled workers;
achieved when one firm bought out all its competitors and gained complete control over its industry's production, wages, and prices
resolution of a dispute by an unbiased third party who makes a decision after the two parties are heard
became one of the first industrial moguls to make his own fortune
Down
philosophy that grew out of Charles Darwin's theory of evolution and applied "natural selection" to human sociology
economic and political system based on government control of business and property, and an equal distributation of wealth
people who ran separate companies of a trust agreement as one large corporation;
process of buying out competing companies to merge them
process of buying out material and resource suppliers
first large-scale national organization of laborers, formed in 1866 by William H. Sylvis; persuaded Congress to legalize an eight-hour day for government workers;
formed the American Railway Union