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Entrepreneurs
People who start and run businesses to earn profit.
Laissez-faire
Government stays out of business and the economy.
Patent
Legal right to make and sell an invention.
Bessemer process
Fast, cheap way to make steel.
Time zones
Divisions of the world into areas sharing the same time for train schedules.
Free enterprise
Businesses compete freely with little government control.
Mass production
Making many goods quickly and cheaply with machines.
Corporation
Company that sells stock and is legally separate from its owners.
Monopoly
One company controls an entire industry.
Cartel
Businesses working together to control prices and limit competition.
John D. Rockefeller
Founder of Standard Oil; used monopolies to dominate the oil industry.
Andrew Carnegie
Steel tycoon who used the Bessemer process; donated much of his wealth.
Vertical integration
Controlling all steps of production (from raw materials to sales).
Horizontal integration
Buying out or merging with competitors.
Social Darwinism
"Survival of the fittest" idea applied to business and society.
Interstate Commerce Commission (ICC)
First U.S. agency to regulate railroads.
Sherman Antitrust Act
Banned monopolies and unfair business practices.
Sweatshops
Crowded workplaces with low pay and long hours.
Company towns
Towns owned by businesses where workers lived and shopped.
Collective bargaining
Negotiations between workers and employers for better conditions.
Knights of Labor
First large labor union; open to all workers.
Samuel Gompers
Founder of the American Federation of Labor (AFL).
American Federation of Labor (AFL)
Union for skilled workers focusing on wages and hours.
Haymarket Riot
Chicago protest that turned violent, hurting the labor movement.
Homestead Strike
Steelworker strike at Carnegie Steel; ended in violence.
Eugene V. Debs
Leader of the American Railway Union; led the Pullman Strike.
Pullman Strike
Railroad strike over wage cuts and high rent; shut down rail traffic.
New immigrants
Came from Southern and Eastern Europe in the late 1800s.
Ellis Island
Main immigration center in New York Harbor.
Angel Island
Immigration station in San Francisco Bay for Asian immigrants.
Americanization
Helping immigrants learn American customs and English.
Melting pot
Idea of blending many cultures into one.
Nativism
Favoring native-born Americans over immigrants.
Chinese Exclusion Act
1882 law banning Chinese immigration.
Urbanization
Growth of cities as people moved from farms to city jobs.
Rural-to-urban migrants
People moving from countryside to cities.
Skyscrapers
Tall steel buildings in growing cities.
Mass transit
Public transportation like trolleys and subways.
Suburbs
Residential areas outside city centers.
Tenements
Crowded, unsafe apartments for poor workers.
Frederick Law Olmsted
Designed Central Park; promoted city green spaces.
Mark Twain
Author who called the era the 'Gilded Age.'
Gilded Age
Time of wealth and corruption hiding poverty and problems.
Conspicuous consumerism
Buying goods to show off wealth.
Mass culture
Shared culture from newspapers, ads, and entertainment.
Joseph Pulitzer
Newspaper publisher known for sensational stories.
William Randolph Hearst
Rival publisher who used bold headlines and drama.
Reservation
Land set aside for Native Americans by the government.
Sand Creek Massacre
1864 killing of Native Americans by U.S. soldiers in Colorado.
Sitting Bull
Lakota Sioux leader who fought U.S. control.
Battle of the Little Bighorn
Native American victory over General Custer's troops.
Chief Joseph
Nez Perce leader who tried to flee to Canada.
Wounded Knee
1890 massacre that ended major Native resistance.
Assimilation
Forcing Native Americans to adopt white culture.
Dawes General Allotment Act
Divided tribal land into private family plots.
Vigilantes
Self-appointed law enforcers in the West.
Land grants
Government gave land to railroads and settlers.
Open range system
Cattle grazing freely on public land.
Homestead Act
Free land to settlers who farmed it for five years.
Exodusters
African Americans who moved west to farm after the Civil War.
Las Gorras Blancas
Mexican-American group that fought to protect their land.
Spoils system
Giving government jobs to supporters instead of qualified people.
Civil service
Government jobs given based on ability, not politics.
Pendleton Civil Service Act
Required exams for government jobs to reduce corruption.
Gold standard
Money backed by gold.
Fiat money
Money backed only by government trust, not gold.
Oliver H. Kelley
Founded the Grange to support farmers.
Populist Party
Farmers' party calling for reforms to help workers.
William Jennings Bryan
Populist leader known for 'Cross of Gold' speech.
William McKinley
Republican president who supported the gold standard.
Farmers' Alliance
Organized farmers to fight for better conditions.