Monopolies
Owners of the big monopolies (ex. steel, oil, etc).
Who are Robber Barons?
The form of economic policy that was used in the Gilded Age.
What is laissez-faire?
The regulations put in place to limit immigration from a specific Asian country.
What is the Chinese Exclusionary Act?
Farmers called the coinage act this because they primarily used silver as their money due to it's easier acquisition.
What is the Crime of 1873?
Steel robber baron AND Oil robber baron.
Who are Carnegie and Rockefeller?
This event started September 1873, lasting four years where one main company in the stock market crashed and then New York stock market fell.
What is the Panic of 1873?
This law removed the usage of silver as a form of currency.
What is the Coinage Act [of 1873]?
This false company-- because of railroads in checkerboard fashion-- scammed people and stole money in 1872.
What is the Credit Mobilier [Scandal]?
The largest labor union in mid 1800s who's purpose was to improve wages and lower working hours (among other things).
Who are the Knights of Labour?
Buying companies of each part of the industry to have the whole progress be controlled by a company. Carnegie did this.
What is vertical integration?
Buying out the competition to be the only person in charge of that industry. Rockefeller did this.
What is horizontal integration?