The Gilded Age 1865-1900

Question 1

Gilded Age

Answer 1

Mark Twain (term) : golden // facade : corruption and misery

Question 2

Robber Barron’s

Answer 2

Andrew Carnegie : steal
John Rockefeller : oil
JP Morgan : banking

Group of businessmen made their fortune (GA period)

Famous for their success

Corrupt ways in which they made their money : corruption,violence

Monopolies of entire industry sectors

Question 3

Period

Answer 3

2 industrial revolution

Technologically improved
Electricity : domestic and industrial
Scientific methods

Taylorism : product to be made faster, efficiently, greater quantities

Transportation (railways) : facilitated trade,
transport of finish products and goods

US : urbanize : richest country

Farming declining : bought by huge corporation

Question 4

Anti-trust laws

Answer 4

Gouv should control and regulate : monopolies = anti-competitive

Question 5

1890 : Sherman Anti-Trust Act

Answer 5

Restricted the activity of these trusts

Trusts control entire eco

+ other laws :
-prevent restrictive deals : prices, pros level, market shares

+ other limited mergers :
-improve employment conditions

// gov X succeed

Trusts : power++

Question 6

1914 : Clayton Act

Answer 6

President Woodrow Wilson

Clayton Act :
-control and reduce unfair competition

Question 7

The industrial progress

Answer 7

Hard time of unemployment, living cond(workers,increasing pop:immigrants,North(factories) )

Workers :

Exploited , ill paid

Long hours,dangerous conditions : LABOUR UNION

Question 8

1890-1910

Answer 8

Europeans immigrants :
-racial conflict : American WORKERS vs European immigrants and the Black Workers

Immigrants : low wages + bad conditions

Afro am and European immigrants : live in the ghettos + poor living cond