Robber Barons
A term used to describe a person who has become wealthy through ruthless business practices.
a Robber Baron
This law separated Native Americans from their homelands and placed them on reservations
Dawes Act
This is a business strategy where a company owns all phases of the business from start to finish
Vertical Integration
A group of people in the same job or industry that petition their bosses for workplace improvements
Labor Unions
A landmark law that aimed to fight against monopolies in the 1890s.
Sherman Anti-Trust Act
This Robber Baron made his billions by monopolizing the US Steel industry.
Andrew Carnegie
This law was designed to fight the monopolies that railroads had on shipping and handling fees they charged
Interstate Commerce Act
This is a business strategy where a large company expands by continuously buying smaller companies.
Horizontal Integration
An investigative journalist who would publish articles, books, etc. to expose problems in society
Muckraker
This amendment gave Congress the power to levy an income tax without apportioning it among the states or basing it on the U.S. Census
16th Amendment
This Robber Baron owned 90% of the American Oil market with his Standard Oil Company
JD Rockefeller
This law granted people in the west 160 acres of land for free as long as they farmed it.
Homestead Act
This is when a single company corners the market on an entire industry
Monopoly
A house that poor or struggling people could go to for food, clothing, or resources
Settlement House
This amendment established the direct election of U.S. Senators by popular vote. Prior to this, Senators were chosen by state legislatures
17th Amendment
This Robber Baron was a gifted banker, mastering the practice of buying failing businesses and consolidating them into successful ones.
JP Morgan
This was an economic strategy supported by farmers. It wanted to add silver into the gold standard for inflation
Bimetallism
Often associated with monopolies. This term is associated with market dominance
A Trust
An organization led by a "boss". These groups would control elections and sway voters by interfering in elections
Political Machines
This amendment instituted the prohibition of the manufacture, sale, and transportation of alcoholic beverages in the United States
18th Amendment
This essay written by Andrew Carnegie argues that the wealthy have a moral obligation to distribute their surplus wealth in ways that promote the welfare and happiness of the common man
Gospel of Wealth
This law tried to limit and then stop the amount of Chinese immigrants that came to America, specifically the West Coast
Chinese Exclusion Act
an economic system where private individuals or businesses own and control the means of production and operate for profit
capitalism
This is a type of house that was very common in big cities. immigrants lived in large numbers in these houses.
Tenements
wages that have been adjusted for inflation, reflecting the actual purchasing power of income.
Real Wages