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U.S. History

Topic 4 "Gilded Age"

Entrepreneur A person who invests money in a product or a business with a goal of making a profit
Protective Tariff Tax on imported goods making the price high enough to protect domestic good from foreign competition
Laissez Faire Lenient as in the absence of government control over private business
Patent official rights given by the government to an inventor for the exclusive right to develop, use, and sell, an invention for a set period of time
Thomas Edison Established the first research laboratory in America and perfected the incandescent lightbulb
Bessemer Process Method developed for making steel more efficiently
Time Zone 24 longitudinal areas of the world within which the same time is used
Mass Production Production of goods in large numbers through the use of machinery and assembly lines
Monopoly Exclusive control by one company over an entire industry
John D. Rockefeller American industrial tycoon and co-founder of the Standard Oil Company, which dominated the oil industry as the first great U.S. business trust.
Horizontal Integration System of buying out your competition.
Trust Group of separate companies that are placed under the control of a single managing board in order to form a monopoly
Andrew Carnegie Led the enormous expansion of the American steel industry in the late 19th century
Vertical Integration System of buying involved in all steps of a product's manufacturing
ICC First federal agency monitoring business operations created in 1877 to oversee interstate railroad procedures
Sherman Antitrust Act 1890 law banning any trust that restrained interstate trade or commerce
Sweatshop Small factory where employees have to work long hours under poor conditions for little pay
Company Town A community that is dependent on one firm for all or most of the necessary services or functions of town life
Samuel Gompers Founded the American Federation of Labor
Haymarket Riot 1886 labor related protest in Chicago which ended in deadly violence
Pullman Strike Violent 1894 railway workers strike which began outside of Chicago and spread nationwide
Interstate Commerce Commission Established to provide regulation to the growing railroad industry in the United States.
Assembly Line System used in the process of mass production that allowed workers to specialize in specific parts of a products overall production.
Ellis Island Island in New York Harbor that served as an immigration station for millions of immigrants
Angel Island Immigrant processing center that opened in San Francisco Bay in 1910
Americanization Belief that assimilating immigrants into American society would make them more loyal citizens
"melting pot" Society in which people of different nationalities assimilate to form one culture
Nativism Belief that native born citizens were superior to newcomers
Chinese Exclusion Act 1882 law that prohibited the immigration of Chinese laborers
Urbanization Expansion of cities geographically as well as in population
Suburb Residential areas surrounding a city
Tenements Multistory housing developments designed to accommodate as many residents as possible
Mark Twain
Conspicuous Consumerism Purchasing of goods and services for the purpose of impressing others
Mass Culture Similar cultural patterns in a society as a result of improved transportation, communication, and advertising
Joseph Pulitzer
William Randolph Hearst
Booker T Washington
W.E.B. Du Bois
Spoils System Practice where a political party gives jobs and opportunities to its supporters rather than to people based on their qualifications
Oliver H Kelley
Grange Organization formed after the Civil War to help fight for farmers rights
William Jennings Bryan
Created by: Mr. Peirce