Founder of US Steel Corporation, revolutionary of the steel industry, and well-known philanthropist.
Who is Andrew Carnegie?
This railroad strike was unique in that the worker's wages as well as rent was controlled by their employers.
What is the Pullman Strike?
A new, and much more efficient, process of converting iron into steel by blowing air through molten iron in a furnace in order to burn off excess carbon.
What is the Bessemer Process?
“Hands-off”, the idea that government should not be involved in business or regulation.
What is Laissez-faire?
Department store in downtown Chicago which sought to make shopping a glamorous activity.
What is the Montgomery Ward?
His company of 'Standard Oil' was a example of a horizontally integrated monopoly.
Who is John D. Rockefeller?
What is the American Federation of Labor (AFL)?
This new invention of the Gilded Age lit up American cities all over the nation and sparked a debate over whether AC or DC electricity would be most successful.
What is the light bulb?
Corrupt mafia-like organizations which sold votes for rewards and ran the cities corruptly.
What are Political Machines?
A group of separate companies placed under the control of a single managing board.
What is a Trust?
He is known for his investment banking and financing as well as purchasing US Steel later in life.
Who is JP Morgan?
This progressive labor union was unique because it allowed women to join.
What is the Knights of Labor?
This invention allowed meat to be sent from the west all the way back to Northeastern cities while staying fresh.
What is the refrigerated railroad car?
The population shift from rural to urban areas, the corresponding decrease in the proportion of people living in rural areas
What is Urbanization?
Controlling all phases of production in a business from the raw material to the finished product.
What is a Vertical Monopoly?
He is the titan of the railroad industry and today has a university with his namesake.
Who is Cornelius Vanderbilt?
This labor strike against Andrew Carnegie's US Steel Corporation is known for its violent acts that resulted in 8,000 Pennsylvania Nation Guard troops being sent in to control the strike.
What is the Homestead Strike?
This invention allowed communication from Boston to San Francisco to happen instantly and like never before.
What is the telephone?
What is Industrialization?
A company that buys out all competition until they have all control of a single area of industry.
What is a Horizontal Monopoly?
Who are Jay Gould and James Fisk?
This labor union was the most radical of the time period and was founded on a communist philosophy that south the violent overthrow of capitalism.
What is the Industrial Workers of the World (IWW)?
This new technique of production was central to the growth of the automobile and countless other industries during the gilded age.
What is the moving assembly line?
The international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens
What is Immigration?
When something is covered thinly with a gold leaf or gold paint.
What is gilded?