Gilded Age

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Last updated 2:30 AM on 1/21/25
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45 Terms

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Philadelphia Centennial Exposition

A world’s fair in 1876 celebrating the 100th anniversary of the Declaration of Independence, showcasing American industrial advancements.

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Panic of 1873

A financial crisis caused by the collapse of major banks and railroads leading to a prolonged economic depression.

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Compromise of 1877

An informal agreement that ended the contested 1876 presidential election, allowing Rutherford B. Hayes to become president.

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Horatio Alger

A 19th-century author known for 'rags-to-riches' stories that emphasized success through hard work and moral virtue.

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Jim Crow Laws

A set of state and local laws enforcing racial segregation in the Southern United States.

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Plessy v. Ferguson

An 1896 Supreme Court case that upheld the 'separate but equal' doctrine, legitimizing segregation.

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Mass Production

The manufacturing of goods on a large scale using machinery, which significantly increased efficiency and lowered costs.

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Capitalism

An economic system where private individuals or corporations own and operate businesses for profit with minimal government interference.

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Big Business Trusts

Large business combinations or monopolies formed to control markets and eliminate competition.

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Vertical Integration

Controlling every step of production from raw materials to distribution to increase efficiency.

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Horizontal Integration

Merging or acquiring companies in the same industry to reduce competition.

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Robber Barons

Wealthy industrialists criticized for exploiting workers and corrupting the economy for personal gain.

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Captains of Industry

Business leaders praised for their contributions to the economy and philanthropy.

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J. Pierpont Morgan

A powerful banker who organized major corporations like U.S. Steel and stabilized the economy during crises.

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Andrew Carnegie

A steel magnate known for using vertical integration to dominate the steel industry and advocating for wealth philanthropy.

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US Steel Corporation

Founded by J.P. Morgan in 1901, it was the world’s first billion-dollar corporation in the steel industry.

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John D. Rockefeller

Founder of the Standard Oil Company who used horizontal integration to create a monopoly in the oil industry.

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Standard Oil Company

An oil refining company by John D. Rockefeller that became a monopoly and was eventually broken up by antitrust laws.

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Rebates

Discounts given to large companies by railroads, disadvantaging small shippers.

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Long-Haul Passes

Pricing systems where long-distance freight rates were cheaper than short-distance ones.

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Gospel of Wealth

An essay by Andrew Carnegie advocating the wealthy using their riches for social betterment.

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Social Darwinism

The application of natural selection theory to society, used to justify economic inequality and imperialism.

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Interstate Commerce Act

An 1887 law aimed at regulating the railroad industry and preventing unfair practices.

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Sherman Anti-Trust Act

An 1890 law prohibiting business practices restraining trade or creating monopolies.

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Boss Tweed

The corrupt leader of Tammany Hall, New York City’s Democratic political machine in the late 19th century.

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Tammany Hall

A political organization that gained power through patronage and corruption.

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Thomas Nast

A political cartoonist known for exposing Boss Tweed's corruption.

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George Washington Plunkitt

A Tammany Hall politician who defended the concept of 'honest graft.'

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1877 Railway Strike

A national strike protesting wage cuts by railroad workers, leading to violent clashes.

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Trade Unions

Organizations formed by workers to collectively bargain for better wages and conditions.

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Haymarket Massacre

A violent clash in Chicago during a labor rally in 1886, resulting in deaths and arrests of labor activists.

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Knights of Labor

An early labor union advocating for an eight-hour workday and the organization of all workers.

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American Federation of Labor (AFL)

A labor union founded by Samuel Gompers focused on organizing skilled workers.

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Samuel Gompers

The founder and leader of the AFL known for his focus on collective bargaining.

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Pullman Strike

A nationwide strike in 1894 due to wage cuts at the Pullman Company, leading to federal intervention.

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Eugene V. Debs

A labor leader who organized the American Railway Union and led the Pullman Strike.

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Socialism

A political and economic system advocating for collective ownership of production to promote equality.

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Melting Pot

A metaphor describing immigrants assimilating into a singular American culture.

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Salad Bowl

A metaphor describing immigrants maintaining distinct cultural identities within a shared society.

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New Immigration

A wave of immigrants from Southern and Eastern Europe in the late 19th and early 20th centuries.

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Nativism

An anti-immigrant sentiment favoring the interests of native-born Americans.

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Literacy Tests

Tests designed to restrict immigration by requiring reading and writing skills, often discriminatory.

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Chinese Exclusion Act

A 1882 federal law prohibiting the immigration of Chinese laborers.

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Jacob Riis, 'How the Other Half Lives'

A book documenting the harsh living conditions of the urban poor through photographs and journalism.

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Jane Addams and Hull House

Jane Addams was a social reformer who founded Hull House to provide services to immigrants and the poor.

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