GILDED AGE Flashcards
The period of the Gilded Age was?
1870s-1900s
What was the Gilded Age?
A period in which glamour hid corruption.
Another name for the Gilded Age was?
Era of Corruption
Why did Mark Twain called this era the Gilded Age?
The period was glittering on the surface but corrupt underneath.
What is a monopoly?
When a corporation controls the means of production & distribution with no competition.
What is Social Darwinism?
The belief that strong people survive & weak people die out
What were robber barons?
A person who became rich through ruthless, unscrupulous and unethical business practices.
What were capatains of industry?
Business leader whose means of amassing a personal fortune contributes positively to the country in some way.
John D. Rockerfeller
Standard Oil Company
Andrew Carnegie
Steel Industry
John P. Morgan
Banking
Cornelius Vanderbilt
Railroads
3 factors that contributed to America’s economic growth in the late 19th century.
- Vast natural resources
- Cheap labor
- Geographic security form foreign attacks
The battle of little bighorn happened in
June 25, 1876
What happened in the battle of little bighorn?
U.S government wants the mineral-rich lands of the Lakota Sioux, South Dakota’s Black Hills.