Period 6 :)

Industrial Revolution

Period of rapid industrial growth and technological innovation in the 19th century.

Gilded Age

Era marked by rapid economic growth, industrialization, and significant wealth inequality.

Monopolies

Firms that dominate a market and limit competition.

Trusts

Business arrangements that consolidate control over an industry.

Social Darwinism

Ideology applying natural selection to justify social inequality.

Conspicuous Consumption

Display of wealth through extravagant spending to signal status.

Populist Party

Political movement representing farmers and laborers against economic elites.

New Immigrants

Immigrants arriving in the late 19th century, often from Southern and Eastern Europe.

Settlement Houses

Community centers established to aid immigrants and the urban poor.

Laissez-Faire Economics

Economic philosophy favoring minimal government intervention.

Plessy v. Ferguson

1896 Supreme Court decision upholding racial segregation under "separate but equal."

Social Gospel

Movement applying Christian ethics to address social injustices.

Gospel of Wealth

Belief that the rich should use their wealth to benefit society.