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Gilded Age
period of economic growth, industrialization, & political corruption
known as Second Industrial Revolution
driven by railroad development & factories, the railroads made it possible
railroads became a national market for goods, created time zones
growth of natural resources, growing supply of labor & expanding market
Trusts/Monopolies
companies combined to limit competition.
One business dominates an entire industry
Laissez-Faire
No government interference in the economy
capitalists
individuals who invest in and own businesses, driving economic growth and innovation.
Captains of Industry
billionaire business leaders of Gilded Age
Vertical Integration
controlling everything apart of their business
Horizontal Integration
corporation acquires or merges with competitors
Rockefeller & Carnegie
rich industry owners, both steel and oil
sharecropping
exploitative labor system
Political Machines
corrupt organizations that controlled city politics, traded services for votes, exploiting immigrant growth
Boss Tweed is an example of this
Labor Exploitation
big businesses take advantage of workers with low pay, long hours, & unsafe conditions
Child Labor
kids exploited in factories
Social Darwinism
Survival of the fittest applied to humans
government shouldn’t interfere to fight inequality
Gospel of Wealth
rich have a responsibility to care for the poor
Social Gospel Movement
Christian movement to help the urban poor
Labor Unions
workers organize to fight for better wages & work conditions
Strikes
workers refuse to work, shutting down production
Populism
government focuses on the economic needs of “common man” rather than the elite
Anarchism
overthrow capitalism (and the government)
Great Railroad Strike
workers refused to work due to wage cuts
Knights of Labor
First national union
Know-Nothing Party
anti-immigrant nativist party
New Immigrants
Eastern and Souther Europeans
Chinse Exclusion Act 1882
Banned Chinese immigrants
Farmer’s Alliance
largest citizen movement of the 19th century
spread to 43 states, proposing that the government establish warehouse for farmers to store their crops in until they’re sold
later on evolved into the Peoples Party/Populists, in 1890, which advocated reform issues
Populist Platform of 1892
classic document of American reform
attempt to restore democracy & economic opportunity by putting forth proposals
tried forming a Black and White alliance
Coxey’s Army
several men march to Washington demanding economic relief
American Federation of Labor (AFL)
federation of trade unions composed by skilled white workers
urbanization
rapid growth of cities
Ethnic Enclaves
immigrant communities in cities
Tenements
over crowded urban slum apartments
Settlement Houses
charity centers to help immigrants, providing education, jobs, child care, etc.
Homestead Act 1862
free land for settlers in the West
one condition is they must “improve” the land, either by farming or mining it
subsidies
government gives money/land to railroad companies
American Indian Wars
conflict between U.S & Native tribes in the West
slaughter of buffalo herds
Dawes Act of 1887
convert tribal land to individual land
Goal: to assimilate Natives to white ways
Wounded Knee Massacre 1890
U.S soldiers kill 300+ Lakota Sioux- End of the Indian Wars
Ghose Dance Movement
Native Americans spiritual revival to resist Westward expansion
Spanish American War 1898
U.S becomes an imperial power by conquering Spain’s colonies
Great White Fleet
U.S overseas navy
Roosevelt Corollary to Monroe Doctrine 1904
U.S is the “policeman” of Latin-America
maintain stability
ex: Panama Canal
Philippine War
U.S military campaign that suppressed movement for Philippine independence after Spanish-American War
Anti-Imperialist League
coalition of anti-imperialist groups united in 1899 to protest American territorial expansion