Vocab
Name for a 1 room, poor apartment building many shared in cities
tenement
What was the name of the 2 immigrant processing centers on the coasts?
Ellis Island, Angel Island
Nickname for paper money
greenbacks
term to describe when the overall population shifts from the country to the city.
urbanization
control of an entire industry by 1 company or 1 person
monopoly
What 4 Captains of Industry did we study and which industry did they make their money?
Vanderbilt: railroads Carnegie: steel Rockefeller: oil Morgan: investments/banking
What accommodations did most immigrants travel in on ships?
steerage
Name one issue farmers faced during the Gilded Age
many answers....
How could Netflix horizontally integrate?
buying another streaming service (Disney+, HBO, etc.)
Process by which a larger company buys out the companies beneath them that help produce their final product
vertical integration
Why are monopolies bad for the consumer?
Prices are too high/controlled by company's wishes
What is the difference between a push factor and a pull factor?
Push Factor: Reasons why someone leaves a country Pull Factor: Reason why someone moves to a country
term that means using both gold and silver to back money
bimetallism
Name 2 push factors for European immigrants.
famine, poverty, war, lack of opportunities, bad government, etc.
Give an example of a legal monopoly
Any public utility (electrical, water)
Which person took pictures of poverty in cities?
Jacob Riis
restrictive act that was not overturned until 1943 that limited immigration from a specific Asian country
Chinese Exclusion Act
Populist idea of the income tax...what amendment is it?
16
believed in vocational training to help bring about equality for Black men
Booker T. Washington
Applying biological theory of evolution to survival of the fittest in business
Social Darwinism
Name NYC's most famous political machine AND leader
Tammany Hall; Boss Tweed
Term that refers to the preference of natural-born Americans over those that immigrate...includes fear and discrimination
nativism
Who were the two candidates of the Election of 1896?
William McKinley & William Jennings Bryan
Precedent phrase that emerged from Plessy v. Ferguson
"separate but equal"