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Social Darwinism
The belief that only the fittest survive in human political and economic struggle.
Patents
exclusive rights to make or sell inventions
Entrepreneur
A person who organizes, manages, and takes on the risks of a business in order to make a profit.
Laissez-faire
Idea that government should play as small a role as possible in economic affairs.
Monopoly
Complete control of a product or business by one person or group
Ellis Island
Immigration processing center that open in New York Harbor in 1892
Angel Island
The immigration station on the west coast where Asian immigrants, mostly Chinese gained admission to the U.S. at San Francisco Bay. Between 1910 and 1940 50k Chinese immigrants entered through Angel Island. Questioning and conditions at Angel Island were much harsher than Ellis Island in New York.
Assimilation
the social process of absorbing one cultural group into harmony with another
sweatshop
A shop or factory where workers work long hours at low wages under unhealthy conditions
Company towns/ Mill towns
where an individual company owned all the buildings and businesses. In some situations, company towns developed out of a paternalistic effort to create a utopian worker's village.
Nativism
A policy of favoring native-born individuals over foreign-born ones
Melting Pot Theory
American culture is a blend of many different cultures
Effect of government regulations on industry and labor in the Guilded Age.
Very little impact.
Andrew Carnegie
A Scottish-born American industrialist and philanthropist who founded the Carnegie Steel Company in 1892. By 1901, his company dominated the American steel industry.
J.P. Morgan
A highly successful banker who bought out Carnegie. With Carnegie's holdings and some others, he launched U.S Steel and made it the first billion dollar corporation.
JD Rockefeller
owner of the Standard Oil monopoly and trust
Impact of Strikes in Guilded Age
Violent strikes turn public against organized labor.
Knights of Labor
Led by Terence V. Powderly; open-membership policy extending to unskilled, semiskilled, women, African-Americans, immigrants; goal was to create a cooperative society between in which labors owned the industries in which they worked
skyscraper
a very tall building with many stories
Tenement
A building in which several families rent rooms or apartments, often with little sanitation or safety
Socialism
a political theory advocating state ownership of industry and leadership by workers
American Federation of Labor
1886; founded by Samuel Gompers; sought better wages, hrs, working conditions; skilled laborers, arose out of dissatisfaction with the Knights of Labor, rejected socialist and communist ideas, non-violent.
International Workers of the World
Ancarchist, radical labor union with little success, attempted to organize a broad set of workers accross many occupation
Child Labor in Gilded Age
Children were viewed as laborers throughout the 19th century. Many children worked on farms, small businesses, mills and factories instead of going to school.
Techniques used to maximize profit
Trusts, Cartels, and Monopolies
Relationship between workers and capital
Oppositional, but they must cooperate and find compromise.
Gilded Age Immigration
began to see an influx of Eastern and Southern Europeans, such as Italians, Poles, and Jews, and less Northern and Western Europeans; approximately 10 million immigrants entered during this time; many were poor and unskilled
Impact of Gilded Age Immigration
Helped America becomee a world power with their labor.
Improvemens of City Life In Gilded Age
Skyscrapers, mass transit, urban planning
Causes of growth of cities in Gilded Age
Internation migration, crop failure, and rural to urban migration
Homestead Act
1862 - Provided free land in the West to anyone willing to settle there and develop it. Encouraged westward migration.
mass production
Process of making large quantities of a product quickly and cheaply; major driver of industrial growth in Gilded Age
Euegene V. Debs
Head of the American Railway Union and director of the Pullman strike; jailed for ignoring court order. Becomes leader of socialist party and IWW
Horizontal integration
Type of monopoly where a company buys out all of its competition. Ex. Rockefeller
Vertical Integration
Practice where a single entity controls the entire process of a product, from the raw materials to distribution
Chinese Exclusion Act of 1882
law that suspended Chinese immigration into America; in effect until WWII. The Chinese Exclusion Act of 1882 was the first significant law that restricted immigration into the United States of an ethnic group. Extreme example of nativism of period
Push Factors of Immigration
reasons people emigrate and leave their homes such as economic troubles, overcrowding, poverty, and more
Pull Factors of Immigration
jobs, greater freedom, land
Transcontinental Railroad
Railroad connecting the west and east coasts of the continental US; much of the labor done by Chinese immigrants
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