Who was the first to create a monopoly in the shipping and railroad industry?
Cornelius Vanderbilt
What is a union?
Organization of works who want better working conditions
The super successful businessmen of the Gilded Age were often called...
Captain of Industry
Immigrants from Southern and Eastern Europe were known as ______________________
"New Immigrants"
Vocabulary word that means the government keeps its hand out of business. No federal control
Who eventually controlled 90% of all oil refineries
John D. Rockefeller
What is the most powerful tool a union can use against a company or monopoly?
A strike
What is an economic panic?
When a nation's economy doesn't do well and cause people to rush to remove their money from banks and investments
Most immigrants lived in rural / urban areas. In housing called ___________________________
urban
tenements
Which 2 new inventions allowed for the building of skyscapers?
Bessemer process for making steel and the elevator
Who refused to meet with union leaders which eventually shut down railroad traffic across the nation?
George Pullman
Which union allowed both skilled and unskilled labor?
Knights of Labor
When there was a push to end monopolies, how did Rockefeller and other monopolist continue monopolistic control of their industries?
Created trust and holding companies
The idea that immigrants and workers can easily be replaced if they are too slow and are injured or die is known as ________________________________
Social Darwinism
Which law gave the federal government the right to regulate railroad transportation between states.
Interstate Commerce Act created the Interstate Commerce Commission
Who became President as a results of the assassination of the elected president?
Chester Arthur
Which event led to the end of the Knights of Labor?
The Haymarket Riot
What was the first federal attempt to control the growth of monopolies?
Sherman Anti-trust Act
Which immigrants came into the US at Ellis Island?
Which immigrants came into the US at Angel Island?
Ellis Island = Europeans
Angel Island = Chinese
Who ended the Pullman Strike and Why?
President of US because it interfered with the delivery of the US mail
Who exposed the corruption of Boss Tweed and his political machine through his political cartoons?
Thomas Nast
Which union allowed only skilled workers
American Federation of Labor
What was Andrew Carnegie's viewpoint concerning wealth? How do we know?
Believed the wealthy had an obligation to use their wealth to improve the quality of life for everyone through the arts and education. He wrote the Gospel of Wealth
What law didn't allow immigration from Asia?
Chinese Exclusion Act
Nativism