Lecture 11 KeyWords
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6 Terms
Gilded Age
👉 A period in the late 1800s marked by rapid economic growth, extreme wealth, and major inequality.
Second Industrial Revolution
👉 A time of major industrial growth with new technologies like steel, oil, and railroads expanding the economy.
Finance Capitalism
Finance Capitalism was an investment sponsored by banks and bankers.
Social Darwinism
👉 The belief that competition is natural and the strongest people or businesses succeed while the weak fail.
Gospel of Wealth
👉 The idea that rich people should use their wealth to help society through charity.
Spoils System
👉 A system where government jobs are given to political supporters and friends.
