The Basics
Name a Captain of Industry
What is Andrew Carnegie, J.P. Morgan, John D. Rockefeller, Henry Ford, Cornelius Vanderbilt
War
Push Factor
How did mass immigration help big business?
Steady supply of workers
Were paid low wages
Kept cost of production down
Where did "Old Immigrants come from"
Western and Northern Europe Anglo-Saxon
(African Americans were also coerced to the United States and the Caribbean at this time)
What did Munn v Illinois 1877 do allow?
States to regulate local business
Name one of the key aspects that fueled the Industrial Revolution.
Abundant natural resources, technology improvements, laissez-faire economics, immigrants, any more we can think of
Jobs
Pull
These were formed to strengthen worker's rights and combat big business
Unions
Where did "New Immigrants come from"
What did the Interstate Commerce Act of 1887 do?
End Laissez-faire economics in the United States
What is a nativist
Americans that rejected new immigrants coming to the United States
Religious Persecution
Push
In the late 1800s, the Homestead strike and the Pullman strike were unsuccessful because
the government supported big business
What role did Ellis Island and Angel Island play?
Registering immigrants into the United States (naturalization came after 5 years)
Who was the Grange Movement and what did they want?
This late 19th-century movement organized farmers into a powerful lobbying group to fight against unfair railroad practices and grain storage fees.
What type of living environments sprouted up due to mass immigration and factory creation?
cities
Famine
Push
What is a monopoly and what did a monopoly do?
A conglomeration of companies that use unethical practices to control a market and raise the cost of goods
What is the "salad bowl theory"
a more accepted metaphor that describes how various cultural groups coexist in America, living together but retaining their original cultural identity.
This application of evolutionary theory to business and society was used to justify laissez-faire capitalism and oppose government regulation.
What is Social Darwanism
Name the big industries of the time
Steel, Oil, Railroads, Automobiles, Banking
Oppurtunity
Pull
The massive growth of big business led to a blank between the rich and the poor
A growing divide, a bit gap, widespread inequality
What is "Yellow Peril"
a term used to describe the influx of Asian, especially Chinese, immigrants to the US. Also called the “Yellow Terror”
Describe the difference between vertical and horizontal integration
Vertical integration is the consolidation of different aspects of the supply chain to control a market
Horizontal integration is the consolidation of similar-level corporations/companies to control a market