Industry & Big Business
Bessemer Process (Andrew Carnegie)
European immigrants passed through this place
Ellis Island
Coined by Mark Twain to describe an era
Gilded Age
This was the name applied to wealthy industrialists and captains of industry
Robber Barrons
Economic philosophy where the government stays out of economic activity
“laissez-faire”
This type business eliminated competition
First law to restrict a specific nationality
Chinese Exclusion Act
Leader of Tammany Hall that stole millions from taxpayers
Boss Tweed (William Tweed)
How did the working class advocate for themselves?
Forming Labor Unions
Economic state where competition decreases but prices increase
Monopoly
A book that stated the rich need to practice Philanthropy
Gospel of Wealth (Carnegie)
These group of people often showed hostility toward immigrants
Nativist
Pendleton Civil Service Act
Wanting immigrants to become accustom to our culture
Americanization
Robber baron is a derogatory term used to describe a ____________.
Ruthless businessman
Broke up monopolies and unfair business practices
Sherman Anti-Trust Act
Immigrants who didn't want to become Americanized were called what?
New immigrants
Political Machine
Economic concept of natural selection
Social Darwinism (Survival of the Fittest)
a factor that brought immigrants to the U.S. throughout its history is a ______________.
Pull factor
Vertical Integration
What contribution did Jane Addams have with immigration?
First federal law that regulated prices through different territories
Interstate Commerce Commission
a big business owned by many investors
what is a corporation?
A common technique used by labor unions, where groups of employees refuse to work until their demands are met, is called ___________.
Strike