Week 3 (The Gilded Age)

Question 0

What is a machine boss?

Answer 0

Some on who is very rich and powerful and manages elections by paying people off.

Question 1

What is the third party system?

Answer 1

When issues of nationalism, moderation, and race become a huge political issue

Question 2

What are party machines?

Answer 2

A party organization the bribes supporters with tangible incentives

They were corrupt but efficient and got the job done

Question 3

What is predatory pricing?

Answer 3

When a large chain lowers their piece to compete with small business

Question 4

What did John D Rockefeller do?

Answer 4

He owned standard oil, which was 95% of all the oil in the U.S

He invented the Trust to micro mange his large company’s

Question 5

What is consumerism?

Answer 5

Caused by predatory pricing

Things are cheaper b/c they are move readily available

Developed department stores

Question 6

What is a white collared worker and a blue collared worker?

Answer 6

White collared- was the boss/ office worker

Blue collared- was the plumber/ hands on employee