unit 6 (1865-1898) Flashcards
What period is unit 6 in?
1865-1898
Tammany Hall
A political organization within the Democratic Party in New York city (late 1800’s and early 1900’s) seeking political control by corruption and bossism.
Boss Tweed
William Tweed, head of Tammany Hall, NYC’s powerful democratic political machine in 1868
Who exposed the political corruption during the Gilded Age?
Exposed by Thomas Nast Cartoons
What was a notable economic feature of the Gilded Age?
The rise of big businesses
How did big businesses during the Gilded Age profit?
Built monopolies/trusts, eliminate competition
-Made huge fortunes but did not translate profits to lower class workers
What was the result of big businesses not paying their employees enough even though they made large profits?
Labor disputes
What were the benefits of big businesses?
Job opportunities, giving back through charitable good works, giving consumers more affordable products bc of mass prodcution
What were the consequences of big businesses?
Eliminated smaller businesses
What was the difference between Robber Barons and the Captains of Industry?
Robber Barons: typically employed ethically questionable methods to eliminate their competition and develop a monopoly in their industry
Captains of Industry: used their profits to pay their workers better, donate to charities, etc.
What catalysts resulted in a boom of economic growth?
The American Industry and Trains/Locomotives
What industries rapidly grew during the Gilded Age?
ROSE
Railroads, Oil, Steel, Electricity
What is the result of rapid ROSE and American industry growth?
Growth of the labor movement
Knights of Labor
an unskilled labor union designed to bring about better wages and better conditions
- Distrust following the Haymarket Riot leads to its downfall.
The American Federation of Labor
a skilled labor union and thus carried a bit more leverage into the negotiating room and was more effective in improving conditions for its members.