Gilded Age

Question 1

Gilded Age

Answer 1

1865-1900, by Mark Twain

Question 2

Second Industrial Revolution

Answer 2

War increased production, became economic powerhouse

Question 3

Rise of Industry Workforce

Answer 3

Population tripled with more immigrants

Question 4

Rise of Industry Free Enterprise

Answer 4

Capitalism- individuals own most businesses, laissez faire- hands of from businesses

Question 5

New inventions telephone

Answer 5

Alexander Graham Bell, 1876, women were secretaries

Question 6

New Inventions Light Bulb & Technology

Answer 6

Thomas Edison, created general electric company
George Westinghouse- electricity over long distances

Question 7

Bessemer Process

Answer 7

efficient & cheaper way to make stronger steel

Question 8

Railroads

Answer 8

Time zones help with scheduling, transport goods, Mass production- lots of products quickly resources in factories

Question 9

Corporations

Answer 9

Group of ppl who share ownership of business, businesses grew larger

Question 10

Monopolies

Answer 10

Formed by large company who buys an entire product, makes prices

Question 11

Trusts

Answer 11

Merging businesses together, under 1 control, small businesses were out of business

Question 12

JP Morgan

Answer 12

Influential financial banker, made holding companies,, bought stock from railroads, controlled 1/2 of RR mileage

Question 13

Cornelius Vanderbilt

Answer 13

Worked with steamships & RR, standardized size, made RR monopoly

Question 14

John D Rockefeller

Answer 14

Founded standard oil, controlled 90% of oil, horizontal integration

Question 15

Horizontal integregation

Answer 15

Gaining control of business that make same product (oil)

Question 16

Andrew Carnegie

Answer 16

Scottish immigrant, found US steel company, used Bessemer & vertical integration

Question 17

Vertical integration

Answer 17

Gaining control of businesses that make up all parts of products development

Question 18

Robber Barons

Answer 18

bad description of men who formed monopolies & trusts, hurt consumers, low wages

Question 19

Captains of industry

Answer 19

good description to same men, provided jobs, built economy, made universities, museums, libraries

Question 20

Gospel of Wealth

Answer 20

1889 written by Carnegie, businessmen have responsibility to give $ away, & spent better from rich

Question 21

Social Darwinism

Answer 21

Survival of fittest for ppl, rich were successful & better fit, poor were less fit

Question 22

Old immigration

Answer 22

Northern western Europe, (Irish, German) skilled & educated, settled of farms

Question 23

New immigration

Answer 23

after 1870, eastern & southern Europe (Italy, Poland, russia) unskilled, porr, catholic/Jewish, settled in cities

Question 24

Push factors

Answer 24

forces out of Homeland, religious persecution, economic problems, lack of jabs, war

Question 25

Pull factors

Answer 25

encourage moving, religious freedom, cheap land, factory jobs

Question 26

Ellis Island

Answer 26

Immigration station in NYC for European immigrants, officials decided who stays, health, money, skills determined if good

Question 27

Angel island

Answer 27

Immigration station on West coast for Asian immigrants. harsher poorer conditions for periods of time