Key Concepts of Industrial America and Labor Movements

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A collection of vocabulary flashcards covering key terms and concepts related to industrial America and labor movements.

Last updated 3:14 AM on 1/23/26
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38 Terms

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Social Darwinism

The belief that survival of the fittest applies to society and business, justifying wealth and inequality.

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Concentration of wealth

The idea that a small elite controls most of the nation鈥檚 wealth during the Gilded Age.

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Adam Smith

Economist who wrote The Wealth of Nations, promoting capitalism and free markets.

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Laissez-Faire

Policy of minimal government interference in business and the economy.

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Horizontal Integration

Business strategy where a company buys out competitors in the same industry.

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Vertical Integration

Business strategy where a company controls all steps of production, from raw materials to finished goods.

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U.S. Steel

Major steel corporation founded by J.P. Morgan, symbolizing industrial power.

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Standard Oil

Oil company founded by John D. Rockefeller, known for monopolistic practices.

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Monopoly

When one company controls an entire industry, limiting competition.

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Railroads

Key transportation system that fueled industrial growth and connected markets.

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Skyscraper

Tall building made possible by steel and elevators, symbolizing urban growth.

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Thomas Edison

Inventor of the light bulb and other technologies that transformed daily life.

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Henry Bessemer

Developer of the Bessemer process for making steel cheaply and efficiently.

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Alexander Graham Bell

Inventor of the telephone, revolutionizing communication.

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George Westinghouse

Innovator in electricity and railroads, improving safety and efficiency.

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Old Immigrants

Immigrants from Northern and Western Europe who came before 1880.

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New Immigrants

Immigrants from Southern and Eastern Europe who arrived after 1880.

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Ethnic neighborhoods

Urban areas where immigrants lived together, preserving culture.

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Tenements

Crowded, poorly built apartment buildings where many immigrants lived.

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Chinese Exclusion Act

1882 law banning Chinese immigration to the U.S.

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Sherman Antitrust Act

1890 law aimed at breaking up monopolies and restoring competition.

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U.S. v. EC Knight Co.

Supreme Court case that limited the Sherman Antitrust Act by ruling manufacturing was not commerce.

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Political machines

Organizations that controlled city politics through patronage and corruption.

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Tammany Hall

Famous political machine in New York City led by Boss Tweed.

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High Protective Tariffs

Taxes on imports to protect U.S. industries from foreign competition.

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Cross of Gold Speech

Speech by William Jennings Bryan supporting free silver to help farmers.

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Omaha Platform

Populist Party platform calling for reforms like income tax and railroad regulation.

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Panic of 1893

Severe economic depression caused by railroad failures and bank collapses.

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Jane Addams

Founder of Hull House, a settlement house helping immigrants.

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Knights of Labor

Labor union that welcomed all workers and pushed for broad reforms.

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AFL (American Federation of Labor)

Union focused on skilled workers and better wages.

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Craft Unions

Labor groups organized by specific trades or skills.

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Collective Bargaining

Negotiation between workers and employers for better conditions.

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Pullman Strike

1894 strike against wage cuts in Pullman Company towns.

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Homestead Strike

Violent steelworker strike against Carnegie Steel in 1892.

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Eugene Debs

Labor leader who organized strikes and founded the Socialist Party.

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Samuel Gompers

Leader of the AFL, promoting practical labor goals.

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William Jennings Bryan

Populist leader and Democratic candidate who supported farmers.

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