Guilded Age Flashcards
Define and show an example of a monopoly
Definition: when one person/company controls an entire industry
Examples: J.D. Rockefeller and Rockefeller Oil, Carnegie and Carnegie Steel
Define a trust
A type of monopoly in which several competing businesses in the same industry join together in order to control the production and prices of a certain product
Define a labor union
An organized association of workers often in a trade or profession, formed to protect and further their rights and interests
Define a strike
A refusal to work organized by a body of employees as a form of protest
What are examples of labor unions in the Gilded Age?
The Knights of Labor, 1869 (boycotts), and the American Federation of Labor, 1886 (strikes)
What were some strikes in the Gilded Age?
- Great Railroad Strike of 1977, Baltimore and Ohio Railroad Company (against slashing workers’ wages)
- Haymarket Strike of 1886, McCormack Harvesting Machine Company, Chicago (bc communist-led workers meeting)
- Homestead Strike of 1892, Carnegie Steel (bc anti-union regulations, slashing wages
What was the transcontinental railroad?
A railroad that stretched from the east coast to the west coast
What was the significance of the transcontinental railroad to the Gilded Age?
- More transportation and access to west
- More access to natural resources out west
- More ppl moving out west
- More farms, land and cities
Who was responsible for building the transcontinental railroad?
Immigrants, mainly Chinese
What was the significance of immigration to the US?
- Chinese immigration helped the transcontinental railroad
- A lot a racism/social Darwinism
- Many people looking for easy labor, thought were stealing jobs
- “Americanization” tried to make them more American
- “american nativism” promoting America and American people opposed to immigrants
Why did immigrants come to America?
-fleeing the country because of political and social unrest
Define Nativism:
The policy of promoting the interests of Americans born in U.S. at the expense of, or even in direct opposition to the interests of immigrants
Define Social Darwinism
The theory that individuals and ethnic groups are subject to the same Darwinian laws of natural selection as animals
What was the Chinese Exclusion Act?
It was passed by Congress in 1882, put a 10 year moratorium on Chinese labor immigration, was extended for 10 more years, 1902 made permanent, 1943 repealed
Define Urbanization
The growth of cities