Industrial Era Overview

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27 Terms

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Industrial Era

Period of rapid industrialization and urbanization in the late 19th century in the United States.

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Monopolists

Rockefeller, Carnegie, and Vanderbilt who used integration methods to dominate industries.

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Horizontal Integration

Business growth by acquiring similar companies in the industry's supply chain.

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Vertical Integration

Business expansion by acquiring companies operating before or after them.

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Exploitation of the Worker

Harsh conditions, low wages, and long hours faced by workers during the Industrial Era.

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Labor Unions

Emerging to advocate for workers' rights and better conditions, leading to conflicts.

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Wealth Gap

Widening disparity between rich and poor, fueling social unrest.

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Roosevelt V. Taft

Republican presidents with differing approaches during the Progressive Era.

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Washington and Dubois

African American leaders advocating for racial equality with different strategies.

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Imperial Era

American expansionism and territorial acquisitions in the late 19th century.

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Spanish-American War

Conflict between the U.S and Spain, resulting in territorial gains.

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Land Gains

Expansion of U.S influence and resources through territorial acquisitions.

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American Foreign Policy Goals

Driven by economic interests and desire for global influence.

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WW1

Global conflict involving major powers, including the U.S.

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Neutrality

Initial stance of President Wilson to avoid entanglement in European conflicts.

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Causes of American Entrance Into WW1

Factors leading to U.S involvement in WW1, including economic ties with allies.

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Impact of the Versailles Treaty

Imposed penalties on Germany, contributing to economic instability and resentment.

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Wilson's Struggle With Congress

Challenges faced by Wilson in gaining congressional support for his post-war vision.

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1920's

Decade of economic prosperity, cultural change, and social experimentation in America.

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Mass Production

Techniques pioneered by Henry Ford, revolutionizing industries like automobiles.

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Laissez-Faire

Policies favoring minimal government intervention in business affairs.

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1930's

Decade dominated by the Great Depression, causing widespread economic hardship.

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Causes of the Crash

Factors like over-speculation and lack of regulation leading to the stock market crash.

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Hoovervilles

Shantytowns housing the unemployed during the Great Depression.

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New Deal

FDR's programs aimed at addressing the Great Depression through relief and reform.

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Criticisms from the Left

Critiques of Roosevelt's New Deal from those desiring more radical reforms.

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Rise of Totalitarianism and Cults

Rise of regimes like Hitler's Germany and Mussolini's Italy promoting nationalist agendas.