Untitled Flashcards Set

The Bland-Allison Act required the government to buy and coin __________ to increase the money supply.

silver

Patronage involves giving government jobs or favors to __________.

political supporters

The Omaha Platform demanded free silver, a progressive income tax, and government control of __________.

railroads

The Populist Party was formed to represent __________ and workers, advocating for economic reforms.

farmers

William Jennings Bryan's speech, "Cross of Gold," supported __________ and opposed the gold standard.

free silver

In the Election of 1896, __________ defeated William Jennings Bryan, affirming the gold standard.

William McKinley

The Great American Desert refers to the arid plains west of the __________, once thought unsuitable for farming.

Mississippi

Buffalo herds were central to Native American life and were nearly wiped out by __________.

settlers

Cattle drives involved moving large herds of cattle to railroads for shipment to __________.

markets

The National Grange Movement was a farmers' organization aimed at addressing economic and social issues, especially __________ rates.

high railroad

The Ocala Platform was a set of demands by farmers for economic reforms like __________ and lower tariffs.

free silver

Historian Frederick Jackson Turner argued that the American __________ shaped the nation’s democracy and culture.

frontier

The Dawes Act of 1887 divided Native American lands into individual plots to promote __________.

assimilation

The Indian Reorganization Act of 1934 ended allotment policies and supported Native American __________.

self-governance

Alexander Graham Bell is known as the inventor of the __________, revolutionizing communication.

telephone

Henry Bessemer created the Bessemer Process, which made __________ production cheaper and faster.

steel

Thomas Edison is known for inventing the __________ and systems for electrical power distribution.

light bulb

Otis Elevator invented a safety brake for elevators, enabling the construction of __________.

skyscrapers

Mail-order catalogs like Sears allowed rural consumers to buy goods by __________.

mail

Cornelius Vanderbilt was a railroad tycoon who expanded __________ networks in the U.S.

transportation

A rebate is a discount secretly given by __________ to favored customers.

railroads

Pools are agreements between companies to fix __________ and limit competition.

prices

J. Pierpont Morgan was a powerful banker who consolidated industries and financed major __________.

corporations

Interlocking directorates refer to the practice where the same people serve on boards of __________ companies, reducing competition.

competing

Andrew Carnegie was a steel magnate who used __________ integration to dominate the industry.

vertical

John D. Rockefeller is known for horizontal integration and controlling the __________ market.

oil

A trust is a group of companies controlled by a single __________ to reduce competition.

board

Horizontal integration involves controlling one step in the production process by merging with __________.

competitors

Vertical integration means controlling all steps of production from __________ materials to finished products.

raw

Laissez-faire is a belief in minimal government __________ in the economy.

interference

Social Darwinism is the belief that the strongest businesses or people naturally succeed, justifying __________ and power.

wealth