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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
Railroads
first big business on a national level in the U.S—created time zones, lowered production costs, and created mass production/consumption
Cornelius Vanderbilt
wealthy industrialist—used money earned from steam/shipping to invest in railroads
Union Pacific
Irish workers (went the furthest)
Central Pacific
Chinese workers
Transcontinental Railroad
Union and Central Pacific companies met in the middle- first of its kind
Interstate Commerce Commission (ICC)
first attempt by gov to regulate business in interest of society—established by Interstate Commerce Act of 1887
Laissez Faire
ideology of Gilded Age that gov does not intervene in market and individuals can compete freely in marketplace
Social Darwinism
adapted ideas of Darwin’s writings to create idea of survival of the fittest (done by Herbert Spencer)
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
Thomas Edison
invented light bulb (creates night shift), phonograph, and motion picture camera
Alexander Graham Bell
invents telephone which expedites business
Wright Brothers
Invented airplane
Monopoly
exclusive control over a good or service by taking over competition
*problem is no competition = no innovation/fair prices
Andrew Carnegie
used vertical integration to make steel company a monopoly
Vertical integration
way of creating a monopoly by buying out all suppliers
Horizontal integration
way of creating a monopoly by buying out all competition
John Rockefeller
used horizontal integration to make Standard Oil Company a monopoly
Trust
a different company name owned by a larger company— a monopoly forms this to hide that it is a monopoly
JP Morgan
banker who eliminates “wasteful competition” by putting his people on other companies’ boards to take them over
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
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
Labor Unions
groups of workers advocating for better working conditions, pay, and hours
Knights of Labor
inclusive and large labor union (both skilled and unskilled labor)
(AFL) American Federation of Labor
more dominate and exclusive union for skilled workers
Haymarket Riot
peaceful rally gone wrong that gives labor unions a bad rep for violence, anarchy, socialism, and communism (Red Scare)
Wobblies
Labor Union that is openly socialist run by Eugene Debs— increases stigma of radicalism toward labor unions
Urbanization
growth of cities
Megalopolis
uninterrupted/unbroken area of urban development
Mass transit
subways, buses, etc and cities attracting large amounts of people
Class distinctions
upper-class live in downtown (inner core) and working class in outer core
Skyscraper
new technology like steel, central heating and lights allowing this in cities (ex: flatiron in NYC)
Ellis Island
NYC Harbor-most European immigrants entered US here—poor conditions
Angel Island
San Francisco Harbor—most Asian immigrants entered here—Chinese first, then Japanese
Melting Pot
idea of all immigrants in the US blending together to form a new American culture/identity--not always accurate
“New Immigrants”
name for Southern and Eastern European immigrants that have different religions and languages
Nativism
as immigrants increase, preference for Native born Americans arises
WASPS
white Anglo Saxon Protestants
Know Nothing Party
nativist and Anti-Catholic political party
Chinese Exclusion Act
prohibited Chinese immigration for 10 years— example of Nativism and first time gov. regulating immigration for first time (Anti Laissez Faire)
Problems with Urbanization
-housing = not affordable, too much demand
-transportation
-water
-sanitation
-crime
-fire
Tenements
multifamily urban dwelling becomes overcrowded and unsanitary
Jacob Riis
wrote “How the Other Half Lived” to raise awareness of problems of housing for immigrants
Women’s Christian Temperance Union (WCTV)
alcohol is convenient scapegoat for all problems associated with urbanization—unions lead to 18th Amendment in 1919 (prohibition)
Settlement Houses
community centers in poor areas-provide assistance to immigrants
Social Gospel Movement
led by Jane Addams who preaches salvation through service to the poor
Hull House
Jane Addams’ settlement house in Chicago—shows that women can do things outside of home
Political machines
organized group that controlled political parties in the city-would “graft” and exchange votes for immigrants to get a job/housing
Taminy Hall
Democrat Party political machine run by Boss Tweed
Graft
illegal use of political influence for personal gain- ex: an exchange of votes for immigrants to get a job/housing
Henry Grady
editor of ATL Constitution who believed South was done apologizing for Civil War/ wanted to allow segregation
New South
changing due to industrialization through improving railway systems (which connects rural and urban goods), urbanization, factories and Coca Cola in 1889
Sharecropping
exchanging with workers labor for a share of the crops (controlling economic opportunities for African Americans)
Jim Crow Laws
segregation of whites and African Americans
Poll Taxes
African Americans are taxed to be able to vote
Literacy test
must take assessment to vote
Grandfather clause
exempting people (whites) from the above policies
Plessy vs Ferguson (1896)
ruling upheld constitutionality of Jim Crow segregation— “separate but equal”
Booker T Washington
activist who believed in gradual change, African Americans picking up a trade, prove/learn assets that garner respect
WEB Du Bois
activist who wanted immediate change, African Americans to gain positions of power through education, and to protect themselves through politics/laws
Tuskegee Institute
(made by Booker T) focuses on vocational skills based on needs of community
NAACP
(made by Du Bois) focuses on vocational skills based on needs of community
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)
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
Populist Party
aimed toward masses/unrepresented lower class (farmers and working class)—ends up partnering with Democrats in Election of 1896
Populism
political approach that appeals to “common man” who are disregarded by elite *immigrants and farmers facing issues due to industrialization
Farmer’s Alliance
labor union for farmers that evolves into Populist/People’s party
McKinley Tariff
motivates farmers to become politically active—catalyst for Farmer’s Alliance and Populist Party
Election of 1896
last of century (meaning people want change)—heavily influenced by Populist Party who partner with Democrats
William Jennings Bryan
great orator and Populist who preaches Bimetallism to the nation
Bimetallism Issue
Republicans want gold standard currency (supported by elite) while Democrats want silver currency then bimetallism (backed by Populists)
Bimetallism definition
Democrats decide on a mix of gold and silver for currency to try and compromise while Republicans stay in favor of gold
Bryan’s Cross of Gold Speech
promoting restructuring the economy on Bimetallism to the country using railroads-(irony)
William McKinley
Republican candidate who is a member of “billion dollar congress”, wants high tariffs, and favors the gold standard
Gold Standard
the use of gold currency across the nation favored by Republicans and wealthy industrialists
Mark Hanna
Robber Baron of Iron Industry who paid for William McKinley’s campaign—nicknamed President Maker—shows how wealthy industrialists control politics
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
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