Economics
A portion of a company that people can buy. The company gets money to use, the buyer gets profits if the company does well.
Stock
Reasons why immigrants faced discrimination in the US: (list at least one)
Religion, Political instability of home country, Race, Language
Political strategy of appealing to the common people by criticizing the elites
Populism
labor union, fought for better working conditions and 8 hour workday through protest and strikes
The American Federation of Labor
ensured sanitary practices in slaughterhouses and prohibited the use of toxic preservatives and dyes
The Meat Inspection Act
Cons: Can lead to monopolies, corruption, environmental problems, and labor exploitation
Pros: Individuals and businesses have economic freedom to make decisions
Laissez-Faire Capitalism
Most immigrants moved to _______ in the US
cities/urban areas
Progressives who sought to ‘rake the muck’ of American society caused by industrialization and laissez-faire capitalism
Muckrakers
photographed child laborers to demand reform
Lewis Wickes Hines
was in response to the revelation of the dangers of patent medicines and was designed to improve safety
The Food and Drug Act
A group of companies that work together under one board of directors to control prices and reduce competition—often used to create monopolies during the Gilded Age.
Trust
This law banned Chinese Immigration for 10 years and blocked Chinese residents from becoming citizens
The Chinese Exclusion Act 1882
Ideology that seeks to improve society through government intervention.
Progressivism
exposed unsanitary conditions in meat packing factories through novel The Jungle
Upton Sinclair
allowed Roosevelt and future presidents to designate federally owned historic buildings and sites as national monuments
Antiquities Act
Example: Amazon owning the vehicles they use to distribute their products
This is an example of what economic strategy?
Vertical Integration
Photographed immigrant tenement homes in NYC and published his findings in How the Other Half Lives
Jacob Riis
outlawed monopolistic business practices like Standard Oil’s control of 90% of the oil industry
The Sherman Antitrust Act
exposed Standard Oil’s monopolistic practices through investigative journalism
Ida Tarbell
gave the government authority to regulate how railroads operated and set rates for railroad services
Hepburn Act
Exxon merger with Mobil (two oil companies)
This is an example of which economic strategy?
Horizontal Integration
Most immigrants came from this country during the late 19th centruy
German Empire
Theodore Roosevelt's plan to regulate corporations, conserve natural resources, and protect consumers
Square Deal
used political cartoons to support progressive laws
Thomas Nast
Allowed for direct elections of senators instead of state legislative votes which led to vacant seats for months-years. Now, voters choose Senators.
17th Amendment