6.1 contextualizing period 6 Flashcards

1
Q

what did the US become during this time?

A

world’s largest economy and leading industrial power

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2
Q

what was this era called?

A

the gilded age

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3
Q

what type of economic system did US have?

A

capitalism

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4
Q

large industries?

A

railroads, steel, mining

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5
Q

what did these large industries require?

A

large capital investments

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6
Q

major revolution during this time

A

second industrial revolution based on steel, electrical, and oil developments

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7
Q

communication + connection

A

railroads, steamship, telegraph, transatlantic cables, telephones

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8
Q

what type of government policies did US have?

A

pro-business growth: protected property, no regulation, high tariffs, subsidized railroads.

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9
Q

who’s problems were ignored?

A

industrial workers, farmers, consumers, and growing cities

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10
Q

T or F: depressions were common at this time.

A

true

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11
Q

relationship between wealthy and rich

A

gap was large and growing, but there was an emerging middle class

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12
Q

what did industrialization accelerate

A

urbanization - unregulated and unforeseen growth –> unsanitary cities, degraded environment, weak law enforcement, + eventually reforms

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13
Q

middle class

A

enjoyed more leisure time (higher wages, shortened workday) and popularized sports, theater, etc.

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14
Q

social conditions

A

reform movements (econ, political, women, african american) setting stage for progressive era in 20th c.

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