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78 Terms

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Gilded Age

term coined by Mark Twain to describe the era of 1865-1898 of industrialization that seemed great, but really created a large gap between the upper and lower classes

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Railroads

first big business on a national level in the U.S—created time zones, lowered production costs, and created mass production/consumption

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Cornelius Vanderbilt

wealthy industrialist—used money earned from steam/shipping to invest in railroads

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Union Pacific

Irish workers (went the furthest)

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Central Pacific

Chinese workers

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Transcontinental Railroad

Union and Central Pacific companies met in the middle- first of its kind

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Interstate Commerce Commission (ICC)

first attempt by gov to regulate business in interest of society—established by Interstate Commerce Act of 1887

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Laissez Faire

ideology of Gilded Age that gov does not intervene in market and individuals can compete freely in marketplace

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Social Darwinism

adapted ideas of Darwin’s writings to create idea of survival of the fittest (done by Herbert Spencer)

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Connection between Laissez Faire and Social Darwinism

Laissez faire, by leaving the government out of the marketplace, allows Social Darwinism to occur and the “fittest”/wealthy industrialists to rise to the top through monopolies and other unchecked strategies

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Thomas Edison

invented light bulb (creates night shift), phonograph, and motion picture camera

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Alexander Graham Bell

invents telephone which expedites business

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Wright Brothers

Invented airplane

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Monopoly

exclusive control over a good or service by taking over competition

*problem is no competition = no innovation/fair prices

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Andrew Carnegie

used vertical integration to make steel company a monopoly

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Vertical integration

way of creating a monopoly by buying out all suppliers

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Horizontal integration

way of creating a monopoly by buying out all competition

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John Rockefeller

used horizontal integration to make Standard Oil Company a monopoly

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Trust

a different company name owned by a larger company— a monopoly forms this to hide that it is a monopoly

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JP Morgan

banker who eliminates “wasteful competition” by putting his people on other companies’ boards to take them over

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Gospel of Wealth

inequality = inevitable and good

Anglo Saxon race = superior

duty to share wealth with poor bc poor is not qualified to help themselves

*wealthy industrialists mostly only donate to businesses that benefit middle/upper classes

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Sherman Anti-Trust Act

outlaws monopolies without distinguishing between good and bad monopolies—not effective, too many loopholes to allow businesses to keep benefitting politicians

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Labor Unions

groups of workers advocating for better working conditions, pay, and hours

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Knights of Labor

inclusive and large labor union (both skilled and unskilled labor)

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(AFL) American Federation of Labor

more dominate and exclusive union for skilled workers

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Haymarket Riot

peaceful rally gone wrong that gives labor unions a bad rep for violence, anarchy, socialism, and communism (Red Scare)

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Wobblies

Labor Union that is openly socialist run by Eugene Debs— increases stigma of radicalism toward labor unions

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Urbanization

growth of cities

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Megalopolis

uninterrupted/unbroken area of urban development

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Mass transit

subways, buses, etc and cities attracting large amounts of people

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Class distinctions

upper-class live in downtown (inner core) and working class in outer core

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Skyscraper

new technology like steel, central heating and lights allowing this in cities (ex: flatiron in NYC)

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Ellis Island

NYC Harbor-most European immigrants entered US here—poor conditions

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Angel Island

San Francisco Harbor—most Asian immigrants entered here—Chinese first, then Japanese

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Melting Pot

idea of all immigrants in the US blending together to form a new American culture/identity--not always accurate

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“New Immigrants”

name for Southern and Eastern European immigrants that have different religions and languages

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Nativism

as immigrants increase, preference for Native born Americans arises

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WASPS

white Anglo Saxon Protestants

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Know Nothing Party

nativist and Anti-Catholic political party

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Chinese Exclusion Act

prohibited Chinese immigration for 10 years— example of Nativism and first time gov. regulating immigration for first time (Anti Laissez Faire)

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Problems with Urbanization

-housing = not affordable, too much demand

-transportation

-water

-sanitation

-crime

-fire

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Tenements

multifamily urban dwelling becomes overcrowded and unsanitary

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Jacob Riis

wrote “How the Other Half Lived” to raise awareness of problems of housing for immigrants

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Women’s Christian Temperance Union (WCTV)

alcohol is convenient scapegoat for all problems associated with urbanization—unions lead to 18th Amendment in 1919 (prohibition)

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Settlement Houses

community centers in poor areas-provide assistance to immigrants

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Social Gospel Movement

led by Jane Addams who preaches salvation through service to the poor

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Hull House

Jane Addams’ settlement house in Chicago—shows that women can do things outside of home

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Political machines

organized group that controlled political parties in the city-would “graft” and exchange votes for immigrants to get a job/housing

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Taminy Hall

Democrat Party political machine run by Boss Tweed

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Graft

illegal use of political influence for personal gain- ex: an exchange of votes for immigrants to get a job/housing

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Henry Grady

editor of ATL Constitution who believed South was done apologizing for Civil War/ wanted to allow segregation

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New South

changing due to industrialization through improving railway systems (which connects rural and urban goods), urbanization, factories and Coca Cola in 1889

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Sharecropping

exchanging with workers labor for a share of the crops (controlling economic opportunities for African Americans)

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Jim Crow Laws

segregation of whites and African Americans

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Poll Taxes

African Americans are taxed to be able to vote

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Literacy test

must take assessment to vote

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Grandfather clause

exempting people (whites) from the above policies

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Plessy vs Ferguson (1896)

ruling upheld constitutionality of Jim Crow segregation— “separate but equal”

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Booker T Washington

activist who believed in gradual change, African Americans picking up a trade, prove/learn assets that garner respect

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WEB Du Bois

activist who wanted immediate change, African Americans to gain positions of power through education, and to protect themselves through politics/laws

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Tuskegee Institute

(made by Booker T) focuses on vocational skills based on needs of community

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NAACP

(made by Du Bois) focuses on vocational skills based on needs of community

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Homestead Act

passed during Civil War—incentivizes people to move Westward by giving them land which causes conflict with Native Americans (encourages creation of Dawes Act)

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Dawes Act

Native Americans will be given citizenship and rights if they separate and become “civilized”—gov wants them to give land to whites settling in West

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Populist Party

aimed toward masses/unrepresented lower class (farmers and working class)—ends up partnering with Democrats in Election of 1896

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Populism

political approach that appeals to “common man” who are disregarded by elite *immigrants and farmers facing issues due to industrialization

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Farmer’s Alliance

labor union for farmers that evolves into Populist/People’s party

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McKinley Tariff

motivates farmers to become politically active—catalyst for Farmer’s Alliance and Populist Party

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Election of 1896

last of century (meaning people want change)—heavily influenced by Populist Party who partner with Democrats

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William Jennings Bryan

great orator and Populist who preaches Bimetallism to the nation

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Bimetallism Issue

Republicans want gold standard currency (supported by elite) while Democrats want silver currency then bimetallism (backed by Populists)

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Bimetallism definition

Democrats decide on a mix of gold and silver for currency to try and compromise while Republicans stay in favor of gold

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Bryan’s Cross of Gold Speech

promoting restructuring the economy on Bimetallism to the country using railroads-(irony)

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William McKinley

Republican candidate who is a member of “billion dollar congress”, wants high tariffs, and favors the gold standard

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Gold Standard

the use of gold currency across the nation favored by Republicans and wealthy industrialists

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Mark Hanna

Robber Baron of Iron Industry who paid for William McKinley’s campaign—nicknamed President Maker—shows how wealthy industrialists control politics

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Four Party System

Republican Dominance period as a result of McKinley’s win—Election of 1896 being last time there was a serious effort to win White House with mostly agrarian votes

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Wounded Knee

Military kill Lakota Sue Natives after disagreements regarding their ghost dance (told them to assimilate culturally or go to reservation)—escalated to a massacre