Transcontinental RR and The Gilded Age

Gilded

covered thinly with gold

industrializacion

less farmers, larger companies, more companies

Urbanization

larger population, more buildings, more development

immigration

more immigrants

Laissez-faire gov’t

“hands off government”, ex: no fire drills, charity, or Business policies

Name 3 inventions from the gilded age

telegraph, lightbulb, telephone, power plant, cash register, skyscraper, automobile, escalators, model t ford

J.P. Morgan

Finance

Cornelius Vanderbilt

Shipping and railroads

Andrew Carnegie

steel

John D. Rockefeller

oil

The transcontinental railroad had 5 effects…

helped people settle in the west,

Increased immigration to the west,

linked the east and west economically,

made time zones more organized,

kicked our the native Americans.

tenements

disease and fire spreads easily and not heating or ac

Lower Eastside 1890

crowded with immigrants (125x scarsdale today)

Streets condition

messy, dirty, horses everywhere, smells bad, traffic, trash everywhere and no system to clean it up.

Nativism

anti-immigration groups

1890‘s families

low income

gentlemen’s agreement

japan agrees to deny emigration to laborers

chinese exclusion act

barred Chinese laborers

stagecoach

train like transport

Census

gov’t count and survey of the population every 10 years

subdued

stopped

erosion

dissapearence

enigma

problem/mystery

perplex

confuse

wane

fade/ dissapeared

brooding

development

The wealth of nations

does not invent capitalism, describes and argues for capitalism

invisible hand

metaphor for natural forces that motivate companies to produce quality goods at fair prices