Gilded Age Flashcards
Transcontinental railroad. Where?
Coast to coast
Transcontinental railroad. When
Completed in 1869
Transcontinental railroad. What’d it do
Mail goods and travel faster and cheaper. Took land away from natives
Cornelius Vanderbilt
Created a railroad empire. Monopolies on railroads
What is ventricle integration
Many firms together as one producing a product from raw material to distribution
What is horixNtal integration
Rockefeller. Joining with competitors to create a monopoly
Who was Andrew carnegie
STEEL
JP Morgan
Business man. BANKING.
Rockefeller
OIL
Gospel or wealth
Those blessed with great wealth earned it. Essay by canergie
Social darwinsm
Poor are poor Bc they aren’t fit to survive
Interstate commerce act
Prohibited rebates and pools made America not as shitty economically
Trusts
Entity created to hold assets
Gilded age and women
No to alcohol, working now. Suffrage
Credit mobilier scandal
Stockholders used Raul road funds