Period 6 test(second part) Flashcards
Second Industrial Revolution
Also known as the “Gilded Age”
A dramatic economic revolution in America that started in 1870.
The Federal Government actively promoted industrial agriculture.
Encouraged the construction and use the army to remove natives from western lands.
Role of Railroads
What made the Second Industrial Revolution possible.
Opened up vast areas for commercial farming and creating a national market for manufacturing goods.
Considered a monopoly and was most influenced by the government.
Most immigrants(chinese) worked to build these transports.
Trusts
Established by legal devices whereby affairs of several rival companies were managed by a single director.
Andrew Carnegie
An monopolist who established a steel company that incorporated distribution and vertical integration.
Firm believer of social darwinism and established the most technologically advanced factories in the world
Vertical integration
An integration where one person controlled every phase of the business
John D. Rockefeller
A monopolist that rose to dominated the oil industry.
Drove out rivals with cutthroat competition and trusts.
Illegally used horizontal integration
Horizontal integration
buying out competing oil refineries.
An illegal way to create a monopoly and to gain more lands/influence
Income inequality/concentration of wealth
Economic growth was not distributed evenly in America.
Only a minority of people(the rich) controlled the wealth in America, the majority were left in low incomes and worked harsh jobs.
Gilded Age
A derogatory term to represent the Second Industrial Revolution.
Created by Mark Twain.
Illustrated the remarkable expansion of economy and it’s corruption.
Social Darwinism
Application of Charles Darwin’s theory of natural selection to society; used the concept of “survival of the fittest’ to justify class distinctions and to explain poverty.
The rich were at the top.
The poor were responsible for their own sad fate.
The Free Market
An era where people wanted to limit the government’s influence on the economy of America. Made contracts that gave authority and power to the workplace(ended up being bad)
Liberty Contract
A judicial concept whereby courts overturned laws regulating later conditions as violations of economic freedom of both employers and employees
Great Railroad Strike
The first national strike in 1877 where union workers protesting a pay cut stopped all workings of railroads.
Rail markets were paralyzed, American troops where forced to attack the unionists.
Haymarket Affair
An anarchist protest(protesting wage reduction) that led to violence in Chicago(1886) when a bomb went off during the assembly.
8 people died and led to the rise of anarchism.
Government sided with big industries(forever will)
Westward Expansion/agriculture
Americans moved westwards for more expansion and influence over industrial agriculture and economy.
Native Americans were driven out of their homes and placed into concentration camps
Mining
America’s wealthy sources of natural resources caused many immigrants to move to the United States
Chinese Immigration
Initially starts during the California Gold Rush era.
Chinese were put up with jobs working at Railroads and played a major role in building them.
U.S tried to turn Chinese immigrants into slaves.
Anti-chinese sentiments arose
Restrictions were placed on Chinese immigrants and many weren’t allowed to go to school.
Plains Indians
Native Americans that lived in the western regions of America before the U.S started to expand westward.
Buffalo
A major food and economic sources for native Americans living in the western regions.
American strove to kill off this animal in order to cause the native tribes to grow extinct.
Nez Perce(Pierced nose)
A group of Plain Indians led by Chief Joseph. Sought to escape to Canada to avoid attacks from American troops/settlers. They were caught and they were forced to surrender and to travel a long trail to Oklahoma