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When one company controls all producing of a certain good ( example: Standard Oil )
Monopoly
Forces companies to have the best quality products and the best prices
Competiton
The second wealthiest American of all time
John D. Rockefeller
An 1882 immigrant law banned what from China?
Laborers
What was the largest workers strike in NYC history.
The uprising of 20,000
What was Adam Smith’s greatest contribution to capitalism?
The wealth of nations
What did capitalists label socialist members who they claimed wanted to disrupt society and overthrow the government.
Anarchist(s)
Many historians view the wealthy industrialists of the gilded age as…
Captains of the industry
The movement for women’s ________ resulted in the 19th Amendment, which gave women the constitutional right to vote in 1920.
Suffrage
What kind of person believes private business should compete against one another to produce the best products and earn the highest profits?
A capitalist
What is the guiding principle “united we stand, divided we fall” for?
Union/Strike
What is a group of a bunch of companies working together to be a big company and all be controlled by the same leadership called.
A Trust
Where did most immigrants come from?
Europe
What were causes of nativism?
Immigrants brought disease and stole jobs
What did J.P. Morgan work in?
Finance
What did Andrew Carnegie work in?
Steel
What did John D. Rockefeller work in?
Oil
What did Cornelius Vanderbilt work in?
Shipping and Railroads
What does gilded mean?
Covered in gold
When was the Transcontinental Railroad Built?
1869
What city did rich people live in?
New York
How many immigrants arrived in the U.S. between 1880 and 1920?
Over 23 million