Vocabulary
Covered with a thin layer of gold to look nicer than it really is.
What is "gilded?"
This industrialist was able to make railroads more efficient, connect major cities, and offer lower ticket prices to consumers by buying up other railroad companies
Who is "Cornelius Vanderbilt?"
Industrialists who donated their money to improve others well being were known as this
What is "philanthropist?"
The eight presidents of the late 1800s, from Ulysses S. Grant to William McKinley, were known as these.
Who are "The Forgettable Presidents?"
Demands from the public to make cities better led to state and local government officials to join these organizations.
What are "political machines?"
A single person or company that has control of an entire industry
What is "monopoly?'
This industrialist greatly advanced the steel industry and was known for creating a monopoly thorough vertical integration of his company
Who is "Andrew Carnegie?"
Industrialists got rid of competition through the creation of these.
What are "monopolies?"
Due to too many owed political favors, The Forgettable Presidents had little of this
What is "influence?"
Political machines appealed to immigrants by offering relief kitchens and assistance with this.
What is "citizenship?"
All of the companies that produce a specific type of product or service.
This industrialist owned Standard Oil, a company that produced kerosene. He created a monopoly through horizontal integration of his company.
Who is "John D. Rockefeller?"
Carnegie Libraries and Vanderbilt University, financed by the men they are named after, are examples of philanthropy in this field.
What is "education?"
Due to weak presidential influence, this was an era of Congressional Supremacy, with this party in the majority.
What is the "Republican Party?"
Who are the "political bosses?"
A policy where government does not restrict businesses: production is based on supply and demand.
What is "laissez-faire?"
This industrialist gained control of companies by buying stocks and joining boards of companies to be able to make decisions about what a company could do.
Who is "J.P. Morgan?"
Industrialists gave these to government officials in exchange for favoritism.
What are "bribes?"
Stolen tax money and illegal business deals caused this to be widespread.
What is "corruption?"
Political machines appealed to Big Business by awarding these for construction and other public works projects.
What are "contracts?"
A group the controls political activity.
What is "political machine?"
J.P. Morgan gained control over many companies by becoming a member of this, a group that makes decisions for a company.
What is a "board?"
One way industrialists prioritized profit was by preventing workers form forming these.
What are "unions?"
The Republican Party favored Big Business by not imposing these on businesses.
What are "regulations?"
In order to appeal to everyone, political machines invested in gambling and prostitution, examples of this type of activity.
What is "illegal?"