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A collection of vocabulary flashcards covering key terms and concepts related to industrial America and labor movements.
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Social Darwinism
The belief that survival of the fittest applies to society and business, justifying wealth and inequality.
Concentration of wealth
The idea that a small elite controls most of the nation鈥檚 wealth during the Gilded Age.
Adam Smith
Economist who wrote The Wealth of Nations, promoting capitalism and free markets.
Laissez-Faire
Policy of minimal government interference in business and the economy.
Horizontal Integration
Business strategy where a company buys out competitors in the same industry.
Vertical Integration
Business strategy where a company controls all steps of production, from raw materials to finished goods.
U.S. Steel
Major steel corporation founded by J.P. Morgan, symbolizing industrial power.
Standard Oil
Oil company founded by John D. Rockefeller, known for monopolistic practices.
Monopoly
When one company controls an entire industry, limiting competition.
Railroads
Key transportation system that fueled industrial growth and connected markets.
Skyscraper
Tall building made possible by steel and elevators, symbolizing urban growth.
Thomas Edison
Inventor of the light bulb and other technologies that transformed daily life.
Henry Bessemer
Developer of the Bessemer process for making steel cheaply and efficiently.
Alexander Graham Bell
Inventor of the telephone, revolutionizing communication.
George Westinghouse
Innovator in electricity and railroads, improving safety and efficiency.
Old Immigrants
Immigrants from Northern and Western Europe who came before 1880.
New Immigrants
Immigrants from Southern and Eastern Europe who arrived after 1880.
Ethnic neighborhoods
Urban areas where immigrants lived together, preserving culture.
Tenements
Crowded, poorly built apartment buildings where many immigrants lived.
Chinese Exclusion Act
1882 law banning Chinese immigration to the U.S.
Sherman Antitrust Act
1890 law aimed at breaking up monopolies and restoring competition.
U.S. v. EC Knight Co.
Supreme Court case that limited the Sherman Antitrust Act by ruling manufacturing was not commerce.
Political machines
Organizations that controlled city politics through patronage and corruption.
Tammany Hall
Famous political machine in New York City led by Boss Tweed.
High Protective Tariffs
Taxes on imports to protect U.S. industries from foreign competition.
Cross of Gold Speech
Speech by William Jennings Bryan supporting free silver to help farmers.
Omaha Platform
Populist Party platform calling for reforms like income tax and railroad regulation.
Panic of 1893
Severe economic depression caused by railroad failures and bank collapses.
Jane Addams
Founder of Hull House, a settlement house helping immigrants.
Knights of Labor
Labor union that welcomed all workers and pushed for broad reforms.
AFL (American Federation of Labor)
Union focused on skilled workers and better wages.
Craft Unions
Labor groups organized by specific trades or skills.
Collective Bargaining
Negotiation between workers and employers for better conditions.
Pullman Strike
1894 strike against wage cuts in Pullman Company towns.
Homestead Strike
Violent steelworker strike against Carnegie Steel in 1892.
Eugene Debs
Labor leader who organized strikes and founded the Socialist Party.
Samuel Gompers
Leader of the AFL, promoting practical labor goals.
William Jennings Bryan
Populist leader and Democratic candidate who supported farmers.