Industrialization Flashcards
proponent of gradual gain of equal rights for African-Americans
Booker T. Washington
1st black to earn Ph.D. from Harvard, encouraged blacks to resist systems of segregation and discrimination, helped create NAACP in 1910
W.E.B. DuBois
Belief to allow companies to conduct business without gov’t involvement
Laissez faire
Why U.S. Industrializes?
Urbanization, immigration, gov’t policies developed the West & encourage immigration. Innovations: telephone (1876), Henry Ford’s assembly-line, electricity
It’s illegal to form trusts that interfered with free trade. Gov’t wanted to promote free competition in the marketplace
Sherman Anti-Trust Act
established a gov’t agency to regulate unfair RR’s business practices
Interstate Commerce Commission
What were the common themes that seem to surround all worker strikes in the late 1800s?
Gov’t usually supported business instead of workers ,The use of violence by both sides (workers & employers),Workers treated poorly & lost wages
What do Samuel Gompers, Eugene V. Debs, Terence Powderly and John L. Lewis have in common?
Labor leaders in the late 1800’s Union leaders
A group of shareholders that invest capital ($) to start a business
Corporation
A company that Dominates/controls an industry Goal? ELIMINATE COMPETITION
Monopoly
Business people who use their wealth to improve society (philanthropy)
Andrew Carnegie
Captains of Industry
Business people who uses unfair business tactics to eliminates competitors
John D. Rockefeller
Robber Barons
Formed in the late 1800’s due to working Long hours (12-14), unsafe working conditions, HUGE gap between rich & poor. They wanted better wages and working conditions.
Labor Unions
From southern & eastern parts of Europe,Discriminated against because they were ethnically & culturally different from previous generations of immigrants,Lived in urban ghettos, had low paying jobs
New Immigrants
Discrimination & hostility towards immigrants
Nativism