Gilded Age Vocab
This is the creation of industries (businesses) Transformation from AGRICULTURE to MANUFACTURING
What is INDUSTRIALIZATION
This was the first major, successful labor union in the United States.(they accepted everyone, women, African Americans, etc)
What is Knights of Labor.
John D. Rockefeller became a billionaire after he started this company.
What is Standard Oil Co.
He monopolized the oil industry.
Who is John D. Rockeffeler
Derogatory term to describe a business person who has become rich through ruthless and unscrupulous (BAD) business practices (originally with reference to prominent US businessmen in the GILDED AGE).
What is a ROBBER BARON
able to quickly transport people, machines, and able to transport crops to far markets.
Contributions of the railroad to the settlement of the west
Method used to own all means of production, from resource extraction to retail sale.
What is Vertical Integration.
He monopolized the Railroad Industry
Who is Cornelius Vanderbilt
Name three Immigration PULL Factors
What is 1.) better wages 3.) freedom of religion 3.) better job opportunities
Population shift from RURAL to URBAN
Urbanization
Method used by labor companies to negotiate contracts for their members.
What is Collective Bargaining.
the processes used to mass produce STEEL.
What is the Bessemer Process.
aim to convince people to move to the West. ( It offered 160 acres basically for free)
What is The Homestead Act)
Name of the era. Covered in gold but had many problems underneath.
What is the Gilded Age
the business leader who creates big businesses and jobs for people. ( The positive definition)
Captain of Industry
these People lived in the Great Plains before westward expansion
What is Native Americans
Andrew Carnegie monopolized this industry in the United States.
What is the STEEL Industry.
land, expansion, and natural resources like gold, silver, etc were the reasons for the conflict between these two peoples...
What is Native Americans and American Settlers
this is the exclusive possession or control of an entire industry, usually through illegal or ruthless practices. ( Rockefeller's Standard Oil Company)
What is a MONOPOLY
Law passed to regulates competition among enterprises. ( created to oppose/fight MONOPOLIES)
The Sherman Antitrust Act of 1890.
Name the TWO places where most immigrants first arrived when coming to the US.
What is Ellis Island ( New York)
Angel Island (California)
Author of the "Gospel of Wealth"
Who is Andrew Carnegie.
"survival of the fittest”—the idea that certain people become powerful in society because they are innately better. (CAPTAINS OF INDUSTRY)
Social Darwinism