The Gilded Age and the Rise of Big Business (1877-1900)

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Vocabulary flashcards covering key terms, people, laws, and events from the notes on the Gilded Age, industrialization, labor movement, immigration, urban problems, and reformers.

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42 Terms

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Gilded Age

A period (1877–1900) when glittering wealth masked serious economic and social problems.

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Second Industrial Revolution

Late 19th-century phase of rapid industrial growth with big corporations and new tech (electricity, steel, oil, assembly line).

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Corporation

A large business entity owned by shareholders, formed to raise capital and operate on a large scale.

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Laissez-faire

Hands-off government policy with minimal regulation of business.

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Captain of Industry

A business leader who built fortunes and expanded industry; often philanthropic.

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Andrew Carnegie

Steel magnate who led Carnegie Steel and helped expand the U.S. steel industry.

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Carnegie Steel

Dominant steel producer in the late 19th century. Highly integrated production.

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Philanthropy

Charitable giving by wealthy individuals to public causes.

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Cornelius Vanderbilt

Railroad magnate who built a fortune in railroads; key figure in late 1800s transport.

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Railroads

A major industry enabling national markets and mass distribution in the Gilded Age.

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Rockefeller

Founder of Standard Oil; used strategies to control the oil industry.

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Standard Oil

Oil company controlled by Rockefeller; became a trust controlling many competitors.

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Horizontal integration

Merging with or acquiring competitors to control a market.

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Sherman Anti-Trust Act

1890 federal law to curb trusts and monopolies and promote competition.

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Trust

A large business arrangement that reduces competition by controlling multiple companies.

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Dissolve Standard Oil (1911)

Supreme Court ordered the breakup of the Standard Oil Trust under the Sherman Act.

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Labor union

An organization of workers that bargains collectively for better wages and conditions.

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Pullman Strike

Major 1894 railroad strike in Chicago; federal troops intervened to end it.

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Eugene V. Debs

Leader of the socialist movement; imprisoned during the Pullman Strike; ran for president.

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Socialist Party

Political party advocating socialist reforms and workers’ interests.

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Industrial Workers of the World (IWW)

Labor union that advocated government control of all businesses (per notes).

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Populist Party

Political movement (primarily farmers) seeking railroad regulation and monetary reform.

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Overproduction

Excess agricultural output leading to falling prices for farmers.

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Farmers’ debts

Rising costs and falling crop prices contributing to farmer debt.

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Nativism

Policy and sentiment favoring native-born citizens over immigrants.

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Immigration restriction laws

Laws intended to limit or regulate immigration to the U.S.

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Chinese Exclusion Act

Legislation banning Chinese immigration for nearly 60 years—the first race-based immigration ban.

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Jim Crow Laws

State laws enforcing racial segregation in the South.

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Plessy v. Ferguson

1896 Supreme Court decision upholding ‘separate but equal’ facilities.

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15th Amendment

Amendment prohibiting denial of the right to vote based on race; often undermined by other methods.

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Poll taxes

Taxes required to vote, used to disenfranchise African American voters.

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Literacy tests

Tests used to restrict voting rights among certain groups.

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Grandfather clauses

Provisions allowing certain voters to bypass new restrictions based on ancestry.

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Slums

Poor, overcrowded urban neighborhoods often lacking services.

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Tenements

Crowded, unsafe multi-family housing in urban areas.

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Graft

Political corruption involving bribery and misuse of public funds.

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Political machines

Corrupt city governments that traded services for votes by aiding immigrants.

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Jane Addams

Founder of Hull House; established the first settlement house to assist immigrants.

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Hull House

Settlement house in Chicago providing services to immigrants and the poor.

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W. E. B. Du Bois

Harvard-educated civil rights leader; co-founder of the NAACP; advocated for African American rights.

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Ida B. Wells

Journalist and anti-lynching advocate; later a founder of the NAACP.

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NAACP

National Association for the Advancement of Colored People; promotes civil rights through legal action and lobbying.