Social Studies final Flashcards
(90 cards)
What did the government have to do with the Transcontinental Railroad?
The U.S. government provided land grants and loans to railroad companies to encourage the construction of the railroad.
Which companies were involved in building the Transcontinental Railroad?
Union Pacific and Central Pacific.
How were the companies paid?
They were paid with federal land grants and money based on the number of miles of track laid.
Which company laid more track?
Union Pacific laid more track than Central Pacific.
Where was the Transcontinental Railroad completed?
Promontory Point, Utah in 1869.
What did its completion mean?
It connected the east and west coasts, boosting trade, migration, and economic growth.
What is Manifest Destiny?
The belief that the U.S. was destined to expand across to the Pacific Ocean.
What does Laissez-faire economics mean?
A policy of minimal government interference in the economy.
How did Laissez -Faire policy affect the nation?
It allowed businesses to grow with little regulation, leading to monopolies and rapid industrial growth.
What is a monopoly? Give examples.
A monopoly is when one company dominates an entire industry. Example: Frito Lay.
What is vertical integration? Examples?
Controlling all steps of production. Example: Carnegie Steel owned mines, railroads, and factories.
What is horizontal integration? Examples?
Buying out competitors. Example: Rockefeller’s Standard Oil bought other oil companies.
How does supply and demand work?
Prices rise when demand is high and supply is low, and fall when demand is low and supply is high.
What is mass production? How did technology play a role?
Producing large quantities of goods quickly using machines. Technology like the assembly line made it possible.
What does ‘Gilded’ mean and who coined the term?
It means something that looks good on the outside but is corrupt underneath; coined by Mark Twain.
What are examples of the Gilded Age?
Rapid industrial growth, wealth gaps, political corruption.
What is a Robber Baron? Examples?
Business leaders who used exploitative practices. Examples: Rockefeller, Carnegie, Vanderbilt.
Who were party bosses?
Powerful leaders who controlled political parties and voter support.
What were political machines? How did they work?
A political machine is a powerful group (usually in a city) that controls elections and government by using favors, money, and jobs to get votes.
What is Social Darwinism?
The belief that only the strongest businesses and people survive in society. Survival of the fittest.
What is the Social Gospel?
A movement promoting charity and justice as part of Christian duty.
What is the difference between Old and New Immigration?
Old: Northern/Western Europe; New: Southern/Eastern Europe and Asia.
What are push vs. pull factors?
Push: war, poverty, persecution. Pull: jobs, freedom, land.
Where did immigrants usually live?
In ethnic neighborhoods in urban areas, often in tenements.