Economic Disparities
Almost a full percentage point of the nation's economic wealth belonged to these families. Please name two of them
Who are Rockefeller, Frick, Carnegie, and Vanderbilt?
Many people reffer to owners of big businesses during the guilded age as this.
What are Robber Barons?
This economic belief contributed directly to the initial creation of monopolies. (French Word that means hands off)
What is Laissez-Faire?
A form of persuasion that was practiced by many in power. Involved an threat in exchange for a service or money.
What is Bribery or Kickback"
This was caused by the extreme supply of labor.
Low paying Jobs
Although Big Businesses may have hurt the economy in some ways it also...
Made the USA wealth?
Owners of many monopolies were believers in the idea of _____.
Government (Civil) jobs would be given to these people.
Friends of important or wealthy people
Worker unions fought for such things like, better working conditions, less work hours, and ____.
What is higher pay?
Andrew Carnegie, though he once had endured this very same thing, payed his workers _____.
What is Low wages?
Many ____ were formed in the Guilded age, for monopolies caused workers to have poor working conditions.
This Guilded Age policy that only used one type of metal. It helped business not farmers.
What is Gold Standard
These were created to help solve some economic disparities.
What are labor unions?
Many companies became big business through such means.
What are monopolistic practices?
This John D. Rockefeller owned business was an example of a monopoly.
What is Rockefeller' Standard Oil?
Tammany Hall distributed food and jobs to immigrants in exchange for this.
What are votes?
Economic disparities were caused by this economic system.
Capitalism?
Big businesses dominated these regions of the economy.
Northeast
Vanderbilt became wealthy in what industry?
steel
This event, which was a clash between police and workers, was in this Chicago Area. Horses love it!
Haymarket disaster