2. Gilded Age Flashcards
Key Gilded Age Characteristics
Rapid - Industry, mass production, population growth, & corruption
A situation in which one company controls an entire industry
Monopoly
Small companies join together to form one large company.
Trust
The idea is that the government should not interfere with business practices.
Laissez-Faire
The rise of a manufacturing economy and the decline of an agricultural economy.
Industrialization
The first inexpensive industrial process for the mass production of steel from molten iron
Bessemer Process
European Region most immigrants came from during the Gilded Age
Southern & Eastern Europe
Crowded apartment building with poor sanitation, safety, and comfort
Tenement Houses
Prohibited Chinese laborers from U.S.
Chinese Exclusion Act 1882 & 1892
Forced assimilation to be Americanized
Nativism/Americiasim
Created settlement houses for young immigrant women to provide job training, living, & childcare
Jane Adams (Hull House)
Political organization with corrupt government officials
Tammany Hall
Leader of the Political Machine in NYC
Williams “Boss” Tweed
Industrialist business tycoon and philanthropist who controlled most of the steel industry.
Andrew Carnegie
Industrialist business tycoon and philanthropist who owned Standard Oil and controlled 90% of the oil industry
John D. Rockefeller