AMH 2020 Study Guide - Quiz Guide: Sherman Antitrust Act, Scranton, Pennsylvania, Terence V. Powderly
Document Summary
Thomas edison: started the film industry, most famous for the electric light bulb, "1% inspiration and 99% perspiration. " Alexander graham bell: communication, he is gonna do voice, we makes it so your voice can be heard of wire, stumbled onto the telephone. He puts a patent on the telephone: centennial fair, celebrating the 100th birthday of america, wanted to sell it so he could get money for the hearing aid. They refused and he one upped them and made his own company called at&t: 1880 - 50,000 1890 - 800,000 1900 - 1,500,000. Was a regulatory agency in the united states created by the interstate commerce act of 1887. Sherman anti-trust act (1890) trust restrain trade = illegal restore competition corp. lawyers found loopholes. Karl marx a german philosopher, economist, sociologist, journalist, and revolutionary socialist. Prussia to a middle-class family, he later studied political economy and hegelian philosophy. Labor unions: first ones were not successful.