History Topic 2

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Last updated 4:47 AM on 10/10/26
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28 Terms

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Natural resources

Essential materials like coal, iron ore, forests, and rivers that encouraged industrialization in the late 1800s.

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Laissez-faire

A government policy of minimal regulation of businesses to promote economic growth.

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Mass production

Systems that use machinery to produce large quantities of goods quickly and cost-effectively.

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Bessemer process

A method developed to convert iron into strong, lightweight steel, facilitating advancements like skyscrapers and railroads.

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Horizontal integration

The practice of merging multiple companies in the same industry into one large corporation to reduce competition.

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Vertical integration

A strategy where a company controls all stages of production from raw materials to manufacturing, thus cutting costs.

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Social Darwinism

The application of Darwin's theory of survival of the fittest to justify economic policies, arguing that wealth is a marker of superiority.

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Pull factors

Conditions that attract individuals to a new country, such as job opportunities and the promise of a better life.

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Tenements

Low-cost, overcrowded housing units in urban areas, often associated with poor living conditions and inadequate sanitation.

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Child labor

The employment of children in industrial jobs, which was widespread in the late 1800s and often led to negative physical and educational consequences.

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Union

An organized group of workers formed to protect their rights and interests through collective bargaining.

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Nativism

A preference for native-born individuals over immigrants, often leading to discriminatory policies and actions.

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Frederick Taylor

An engineer who studied work efficiency and developed principles of scientific management to improve industrial productivity.

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Captains of industry

Business leaders who positively contributed to society by creating jobs, lowering prices, and engaging in philanthropy.

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Robber barons

Business magnates who gained wealth through unfair practices, monopolies, and exploitation of workers.

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Americanization

Efforts to assimilate immigrants into American society, focusing on language and cultural adaptation.

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Settlement houses

Community centers that provided social services and educational programs to immigrants and the urban poor.

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Interstate Commerce Commission (ICC)

The first federal agency established to regulate railroad rates and ensure fair practices.

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Sherman Antitrust Act

A law enacted to combat monopolies and curb practices that restrained trade in the late 19th century.

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Urbanization

The rapid growth of cities and populations as people moved from rural areas in search of jobs and better living conditions.

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Eugene V. Debs

Labor leader who played a significant role in organizing the American Railway Union and promoting socialist ideas.

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Immigrant contributions

Cultural and economic impacts made by immigrants, including food, labor, and innovations in various fields.

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The Great Railroad Strike of 1877

The first major U.S. strike, protesting wage reductions and leading to significant clashes between workers and federal troops.

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Haymarket Riot

A violent incident in Chicago during a labor protest that resulted in the execution of several anarchists and increased public distrust of unions.

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Homestead Strike

A violent labor dispute at Carnegie Steel in 1892 that turned public opinion against unions.

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Pullman Strike

A nationwide railroad strike against wage cuts that resulted in federal intervention and Debs' imprisonment.

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Conspicuous consumerism

A cultural trend of buying products to display wealth and status.

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Victorian Era

A period characterized by strict social norms and the disparity between the wealthy elite and the aspiring middle class.