The Gilded Age in the US to 1914 Flashcards

1
Q

Economic Boom

A
  • After Civil War
  • 2nd Industrial Revolution
  • 33% worlds industrial outputs within USA
  • Tariffs
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2
Q

Closing the Frontier

A

1890

• US Census stated frontier had broken up in west 
• Oklahoma 
  - last land for natives 
  - settlers came in 
  - negative impact on Indigenous 
• Wounded Knee Massacre - 1890
  - US Military vs. Lakota Sioux Indians 
  - 300 killed
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3
Q

Robber Barons

A
  • Wealthy elites
  • Economic power
  • Used questionable ways to get wealth
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4
Q

Robber Barons

John D. Rockefeller

A

1839-1919

• Made money from oil company

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5
Q

Robber Barons

Andrew Carnegie

A

1835-1919

  • Led big expansion of steel industry
  • Was a janitor - largest company in the world
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6
Q

Robber Barons

JP Morgan

A
  • Banking
  • Bailed out American Gov. twice
  • People feared his power
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7
Q

Sherman Anti-Trust Act

A

1890

  • Federal Act that outlawed monopolistic business practices
  • Passed, but didn’t do anything
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