SSUSH A
What two industries saw a rise during the Gilded Age
Steel and Oil
What is vertical integration
The ability for a business to control or own every level of production of a product from raw material to finished result
Angel and Ellis Island received immigrants from what continents
Angel-Asia
Ellis-Europe
What was the general treatment to unskilled laborers
Low wage, no vacation, long workdays, unsafe work environments
Steel and Oil led to the improvement and increase in two things:
Railroads and Cities
What is a monopoly and what is it impact on consumers?
When competition has been eliminated. There is only one firm/company left in a market.
Bad for consumer because there are no options to turn to prices are high
Southern and Eastern Europe
What was the main weapon that unions had?
Strikes
What were the two biggest and most powerful steel and oil industries
Carnegie Steel and Standard Oil
Which man created a steel empire and how was he different from other rich men during the era
Andrew Carnegie
He was a philanthropist
Urban cities
Many were had little to no skills and so cities allowed them to maintain unskilled labor jobs/They settled in cities and established large communities that were normally filled with other immigrants from the same or similar backgrounds
What was the earliest national labor union?
The Knights of Labor
What were at least 3 impacts of the Transcontinental Railroad and the growing steel/oil industries
Faster and cheaper transportation of goods.
Growth of Cities.
Created a National Market
Provided jobs of millions of immigrants, mostly Chinese and Irish
What 3 inventions assisted in the economic boom of the Gilded Age
Telegraph, Telephone, Light Bulb
Positive-increased demands for industrial and agricultural goods and brought to the U.S. cultural items such as entertainment and food
Who was Samuel Gompers and how did his Union differ from the Knight of Labor?
Creator of the AFL
Only accepted skilled workers
What two strategies did Rockefeller use to create the best oil industry/trust in the U.S.
He used vertical and horizontal integration
What was the impact of technological inventions such as the telegraph, telephone, and light bulb on the U.S. Give me at least 2
Instant communication
Connecting of regions to grow national identity
Workers could work longer hours
Who are Nativists and Law did they pass against immigrants?
The Chinese Exclusion Act
The AFL