Barons & Captains
Founded Standard Oil
Who is John D Rockefeller
A market structure where a single seller dominates the supply of a product or service, restricting competition.
What is a Monopoly
Coated with a thin layer of gold; often used to describe something that has a deceptive appearance of wealth or prosperity.
What is Gilded
A type of building that houses multiple families, often in poor conditions, commonly found in urban areas during the Gilded Age.
What is a Tenement
New structure that became popular in big cities due to cheap steel.
What is a skyscraper
Leader in the Steel Industry during Gilded Age
Who is Andrew Carnegie
A business strategy where a company expands its operations to control multiple stages of production or distribution of a product.
What is Vertical Integration
A term used to describe wealthy and powerful 19th-century businessmen who were perceived as having gained their wealth through unethical means.
What is a Robber Baron
The action of coming to live permanently in a foreign country; significant during the Gilded Age as many newcomers sought jobs.
What is Immigration
Philosophy of Carnegie to give wealth away to better the less fortunate in society
What is the Gospel of Wealth
Leader in banking and finance during the Gilded Age
Who is JP Morgan
A strategy where a company acquires or merges with other companies at the same level of the supply chain to enhance market control.
What is Horizontal Integration
The movement of people from rural areas to cities, resulting in the growth of urban areas and changes in lifestyle.
What is Urbanization
A work stoppage initiated by employees to express grievances or demand changes in working conditions.
What is a Strike
Group most responsible for actively and politically improving the quality of life of the poor and children
Who are Middle Class Women
Know as the "Commodore" Made a fortune in the shipping and later the Rail Road Business
Who is Cornelius Vanderbilt
The desire to promote the welfare of others, often expressed through charitable donations and efforts by wealthy individuals or organizations.
What is Philanthropy
The belief that certain individuals or groups are naturally superior to others and that social progress is achieved through the survival of the fittest.
What is Social Darwinism
Book written about the Meat Packing Industry in Chicago
What is the Jungle
Term: Dishonest or fraudulent conduct by those in power, often involving bribery or the abuse of entrusted power for personal gain. (Prevalent in Government)
What is Corruption
Made his fortune in the Tobacco business and dominated it.
Who is J.B. Duke
An organized group of workers who come together to make decisions about the terms of their work, including wages and working conditions.
What is a Labor Union
Business production method perfected by both Henry Ford and Gustavus Swift
What is the Assembly Line
Book written about the poor living conditions in the tenements of New York.
What is How the Other Half Lives.
The policy of protecting the interests of native-born or established inhabitants against those of immigrants, often leading to discrimination
What is Nativism