SEM 2
Who founded Standard Oil?
Rockefeller
What were the Indian Wars?
A series of bloody conflicts between white settlers, Native Americans, and the US Army
What were the differences between progressive and classical liberals?
P: individualistic
C: more government dependence
What did the Greenback advocate for?
More printed money, no care for the true value of currency
What were enclaves?
Self segregated communities to share culture and speak the native language of said culture
Which side won in WWII?
The Allied powers
Who started the Gospel of Wealth?
Andrew Carnegie (1889)
How many hours was the typical work day during the late 1800's?
10-14 hours
What is laissez-faire?
Less government interference in economics, more median income, less regulations, increases standard of living
What is Marxism?
A socioeconomic theory from Karl Marx that abolishes private property and advocates for true equality
What is the factory system and what did it do?
The switch from humans to factories, saves money, decreases production speed
What was the Teapot Dome Scandal?
It was a scandal that uncovered bribes in Wyoming in the federal government
What was the Panic of 1893 about?
The US runs out of gold to account for the value of currency and for selling causing the collapse of the economy
What article did Upton Sinclair write about the meat-packing industry?
The Jungle
What are leaders of Vertical integration Companies called?
Robber Barons
What was the 16th Amendment for?
Congress can tax income of the people
What does JP Morgan do?
He buys multiple companies using his accumulated money to prevent another Panic of 1893
What is the wire telegraph?
A device designed by Samuel Morse that allowed for easier and faster communication
What did Boss Tweed do?
He used political authority for self gain (money and power)
What Amendment gets rid of Prohibition?
the 21st Amendment
What did the Dawes Severalty Act of 1887 do?
It assigned land to each Native American tribe
Who revolutionized the assembly line?
Henry Ford
What are the 3 phases of Communism?
Revolution, Socialism, Harmony
P.S. it never works
Who was the leader of the Germans during WWII?
Adolf Hitler
What is Social Darwinism?
A pseudoscientific theory that the rich are genetically fit