2.10 - 2.15 ✔️ Flashcards

(52 cards)

1
Q

Organization formed by workers meant to negotiate for certain things like better pay, safer working conditions, and better benefits

A

labor union

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

First major labor organization. Open to all genders and for both unskilled and skilled workers

A

Knights of Labor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A violent confrontation between police and labor protesters in Chicago that became the symbol for the international struggle for workers’ rights.

A

Haymarket Riot 1886

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A national federation of labor unions that still continues today.

A

American Federation of Labor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

When workers tried to protest the paycut. This led to a bloody confrontation between the workers and the hired Pinkerton security guards, killing 16 and injuring many others. (Carnegie Steel company)

A

Homestead Strike 1892

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

A widespread railroad strike and boycott that severely disrupted rail traffic in the midwest. Government’s first time using an injunction to break a strike

A

Pullman Strike 1894

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Attack on striking coal miners and their families - resulted in the deaths of 25 people.

A

Ludlow Massacre 1914

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Social organization that fought monopolist gran transport.

A

Grange Movement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

An American agrarian movement during the 1870’s and 1880’s that sought to improve the economic conditions for certain people through the creation of cooperatives and political advocacy.

A

Farmers’ Alliances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Free market economic system where people believe that the invisible hand of the market guides the economy.

A

Laissez Faire

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Federal law to deliver 10000 dollars of aid to purchase seed gran for farmers after a major drought in texas. Vetoed by president cleveland

A

Texas Grain Bill, 1887

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

A theory that applied the theory of darwinism to people. It essentially states that poor people deserve to be poor and rich people deserve to be rich.

A

Social Darwinism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

A political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups

A

Populism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Politically oriented coalition of agrarian reformers that advocated a wide range of economic and political legislation in the late 19th century.

A

People’s (populist) party

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Economic depression in the US where many lost their jobs and many farmers lost their farms.

A

Panic of 1893

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Wanted to introduce silver as a basis for money as well (before this only gold was allowed to be used for money). Farmers + populists liked this as it would help them pay off debt

A

Bimetallism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

When paper money is only linked to gold. Silver is not a currency.

A

Gold Standard

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Populist Party’s list of goals from their convention in 1892

A

Omaha Platform

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Populist leader

A

William Jennings Bryan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Created an interstate commerce commission to oversee the conduct of the railroad industry. AKA when railroads became regulated by federal gov.

A

Interstate Commerce Act 1887

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

first Federal act that outlawed monopolistic business practices.

A

Sherman Antitrust act 1890

21
Q

the 26th president of the United States, serving from 1901 to 1909

A

Teddy Roosevelt

22
Q

Roosevelt’s domestic policy agenda - Aimed to ensure fairness

23
Q

political philosophy of Theodore Roosevelt, an espousal of active federal intervention to promote social justice and the economic welfare of the underprivileged;

A

New Nationalism

24
A group of interests for only a small group of people.
Special interests
25
Act that defines unethical business practices, such as price fixing and monopolies, and upholds various rights of labor. Act to stop monopolies
Clayton Antitrust Act, 1914
26
This amendment allowed income tax to be collected
16th amendment
27
When people started moving from rural areas to cities.
Urbanization
28
The "board" that organized the war effort between industries
War industries board
29
When black people moved out of the south to the north in hopes for a better life
Great migration
30
Out break of racial violence in chicago. Also known as the chicago race riots
Red Summer 1919
31
Out break of racial violence in chicago. Also known as the red summer 1919
Chicago Race riots 1919
32
a system of stratification that focuses on the belief that some racial groups are either superior or inferior to other racial groups.
Racial heirarchy
33
a period in American history of dramatic social, economic and political change. More people living in urban areas than in rural areas
Roaring 20's
34
scandal of the early 1920s surrounding the secret leasing of federal oil reserves by the secretary of the interior, Albert Bacon Fall
Teapot dome scandal
35
the preoccupation of society with the acquisition of consumer goods.
Consumerism
36
large retail establishments that offer a wide variety of goods organized into different departments,
Department store
37
When people went into debt to buy things. They then paid monthly installments.
Buying on credit
38
a series of workers and machines in a factory by which a succession of identical items is progressively assembled.
Assembly Line
39
The rise in efficiency of production, allowing more good to be produced faster.
Productivity
40
Founder of ford motors and is credited with making cars affordable for the middle class
Henry Ford
41
It was an act that created a reserve from which banks could borrow money incase too many people asked for money. Added stability to the system.
Federal Reserve Act of 1913
42
A place where stocks can be bought and sold
Stock Market
43
The stock market crash where people lost a lot.
Black tuesday
44
the quantity of goods or services that consumers are willing and able to purchase.
Consumer Demand
45
When peope weren't employed not because they didn't want to be, but because they couldn't be.
Unemployment
46
When many people try to take their money out at the same time
Bank run
47
When banks cannot give everyone their money, usually because of huge numbers of people taking their money out.
Bank failures
48
The drought that affected south central US. Greatly damaged agriculture
Dust Bowl
49
investment in stocks, property, or other ventures in the hope of gain but with the risk of loss.
Speculation
50
When you pay 20 % of the actual value of the share in hopes of making enough of a profit to be able to pay all of it back and make a profit. (eg, buy for 10, actual price = 50, price goes up to 100, you sell stock and make 50 dollars after paying the other 40 back)
Buying on Margin
51
A wealthy mining engineer before his presidency, this president led the wartime Commission for Relief in Belgium and was the director of the U.S. Food Administration, followed by post-war relief of Europe.
Herbert Hoover