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Gilded Age
A transformative period in U.S. history from the 1870s to 1900, marked by rapid economic growth, industrialization, and significant social issues. Gold on outside corruption underneath
Trusts
Legal arrangements where multiple companies consolidate to reduce competition and control market prices, often leading to public outcry for regulation.
Monopolies
Market structures dominated by a single company, controlling prices and eliminating competition, prompting government intervention.
Horizontal Integration
A business strategy involving the merging or acquisition of competitors within the same industry to increase market share.
Vertical Integration
A business strategy where a company controls all aspects of production, from raw materials to distribution, enhancing efficiency and reducing costs.
Urbanization
The movement of populations from rural areas to urban centers, driven by job opportunities and transforming social dynamics.
The Square Deal
President Theodore Roosevelt's domestic program aimed at ensuring fairness for workers, consumers, and businesses through regulation and advocacy for labor rights.
New Freedom
A policy framework by President Woodrow Wilson promoting economic opportunity and limiting government intervention, focusing on breaking up monopolies.
Sherman Antitrust Act
Landmark legislation enacted in 1890 to prevent monopolistic practices and promote fair competition in the marketplace.
Interstate Commerce Commission (ICC)
A regulatory agency established to oversee and regulate railroad rates and practices, ensuring fair competition.
American Federation of Labor (AFL)
A national federation of labor unions in the U.S. that focused on skilled workers and advocated for better working conditions and wages.
Industrial Workers of the World (IWW)
A radical labor organization that aimed to unite all workers and promote industrial unionism, often advocating for direct action.
Haymarket Riot
A violent confrontation in 1886 between police and labor protesters in Chicago, which became a symbol of the labor movement and its struggles.
Roosevelt Corollary
An extension of the Monroe Doctrine by President Theodore Roosevelt, asserting the U.S. right to intervene in Latin American affairs to maintain stability.
Dollar Diplomacy
A foreign policy approach by President William Howard Taft that aimed to use economic power to influence and stabilize foreign countries.
Moral Imperialism
A foreign policy approach by President Woodrow Wilson that emphasized promoting democracy and moral values in international relations.
Credit Mobilier Scandal
A major political scandal in the 1870s involving the Union Pacific Railroad and the manipulation of contracts, leading to widespread corruption.
Yellow Journalism/ Yellow Press
Sensationalist newspaper reporting that exaggerated news stories to attract readers, influencing public opinion and politics.
Spanish American War (War of 1898)
A conflict between the U.S. and Spain that resulted in U.S. territorial gains and marked a turning point in American foreign policy.
Annexation of Hawaii
The U.S. acquisition of Hawaii in 1898, which was driven by strategic interests and economic opportunities in the Pacific.