Industrialization
A company that has complete control of a product or service. Is achieved when one corporation buys out its competitors or drives them out of business.
Don't get board, we're playing a game.
What is a monopoly?
Period when corruption existed in society but was overshadowed by the wealth of the period.
Gold outshined the lackluster poor people.
Not about fish breathing under water.
What is the Gilded Age?
The purpose of this kind of group is "strength in numbers.” in order to to gain better working conditions and pay.
What are labor unions?
Reconstruction occurred after this war.
What is the Civil War?
Upton Sinclair wrote this book, exposing the bad working conditions and corruption in this industry.
What is meat packing?
Business practice of gaining control of many different businesses that make up all phases of a product’s development.
What is vertical integration?
Small, hot, dark, and dirty workhouses in which workers, usually immigrants, labored 12 hours a day, 6 days a week for low wages.
B.O. stunk up the workplace.
What are sweatshops?
Progressives also fought to eliminate this, crowded apartment building with poor standards of sanitation, safety, and comfort, created by housing shortages.
What is tenement housing?
These laws in the South during reconstruction prevented newly freed slaves from owning property or guns, voting, and made it a crime to no have a job.
What are Black Codes?
This man was an Irish Immigrant who went from rags to riches by monopolizing the steel industry.
Who is Andrew Carnegie?
Business practice of consolidating many companies that produce similar products into one giant corporation.
What is Horizontal Integration?
The first super highway. Connected the eastern part of the country to the western part of the nation. Goods, services, people, and ideas move faster.
What is the transcontinental railroad?
The first federal organization ever set up to monitor American business operations. Railroads better behave. ICC!
What is the Interstate Commerce Commission (ICC)?
Amendment that abolished slavery. Lucky for blacks in the south, unlucky for their former owners.
What is the 13th Amendment?
This man, and former president used the Sherman Anti-Trust Act to break up monopolies that were breaking business laws.
The Trust Buster! Trusts couldn't bear him.
Who is Teddy Roosevelt?
Process of making a large number of a single product very quickly using machinery.
What is mass production?
Optimists would call them captains of industry. These shrewd entrepreneurs often harmed the poor, forcing smaller companies out of business, paying workers low wages, and charging consumers high prices.
What are robber barons?
If they're old enough to walk and talk, they are old enough to work 12 hour days all week. Train em while they're young.
What is child labor?
Northern Republicans who moved to the south to take advantage of the weak economy to get rich quick.
Who are carpetbaggers?
This 3-named man was a progressive politician who fought for workers rights and labor unions. The cowardly lion eventually was brave enough to run for president, but lost.
Who is William Jennings Bryan?
Process of purifying iron ore into steel by using extreme heat. Lead to the mass production of steel.
What is the Bessemer Process?
Belief that the wealthy are “chosen by God” to be successful and were therefore responsible to look out for the well being of those less fortunate.
What is the Gospel of Wealth?
Movement to ensure that "native-born" Americans received better treatment than immigrants. We're not talking about indians either.
What is nativism?
Southern terrorist organization, whose members were former confederate soldiers. Threatened, abused, and murdered people who supported black civil rights.
Who are the KKK? (Ku Klux Klan)
The world's first billionaire. Monopolized the oil industry into one company; Standard Oil.
Nice fella.
Who is John D. Rockefeller?