Unit 6: Gilded Age Flashcards

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1
Q

Robber Barons

A

Notable owners of big business

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2
Q

Horizontal Integration

A

Owning all versions of a service or industry

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3
Q

Vertical Integration

A

Owning all the steps of an industry

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4
Q

Rockefeller

A

Oil

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5
Q

Morgan

A

Banking

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6
Q

Carnegie

A

Steel

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7
Q

Vanderbilt

A

Railroads

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8
Q

Social Darwinism

A

Survival of the fittest, rich can take control of poor because they are the “fit”

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9
Q

Socialists

A

focuses on laborers improving their conditions and taking power away from business

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10
Q

Homestead Act

A

Law that offered free land in the Midwest on the great plains

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11
Q

Sodbusters

A

first farmers that arrived in the great plains

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12
Q

Grange movement

A

organization of allied farmers that created cooperatives as a way to regulate shipping and sales costs

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13
Q

Populist

A

“People’s Party” made up of mostly farmers and workers who faced poverty as a result of the industrial revolution

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14
Q

Williams Jennings Bryan

A

Populist Party Candidate. Wrote the “Cross of Gold” speech in support of American farmers

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15
Q

Gold Standard/Silver Standard

A

Basing the value of a currency off a country’s supply of the total amount of gold they had. Farmers wanted silver included in this value in order to cause inflation and increase available money

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16
Q

Conservationists

A

An environmental movement created to combat deforestation. Promoted regulated use of natural resources

17
Q

“Old” Immigrants

A

Immigrants from primarily Western Europe. Maintained similar religions, languages and job skills to Americans

18
Q

“New” Immigrants

A

Immigrants from Eastern and Southern Europe. Brought new languages, unfamiliar religions, and were employed in low skill factory and labor jobs

19
Q

Civil Service Commission

A

Reform in government that gave jobs only to those who could pass an exam relating to that position

20
Q

Greenbacks

A

Paper money not backed by gold or silver