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Industrialization
| Term | Definition |
|---|---|
| Homestead Act | A law passed in the 1860s that offered up 160 acres of public land in the West to any head of a family who paid a registration fee($25), lived on the land for five years, and cultivated it or built on it. |
| Laissez-faire economics | Government does not interfere with business (“let do”) |
| Monopoly | A company has complete control over an industry; sometimes referred to as a trust. |
| Nativism | A preference for native people and a desire to limit immigration and foreign influence in America. |
| Chinese Exclusion Act | (1882-1943) Stopped Chinese immigration and prevented them from becoming citizens. |
| Tenements | Dark and crowded multi-family apartments. |
| Political machine | Political parties that ran city governments that exchanged services like police and fire departments for votes which took advantage of immigrants. |
| Assimilate | To blend into American culture. |
| John D. Rockefeller | Giant oil business owner. Introduced 'trust'.Invented the first oil refinery. formed Standard Oil Trust and made millions while monopolizing the oil industry |
| Andrew Carnegie | Scottish Immigrant who studied in England to learn to make cheaper steel and owned the Carnegie Steel Company. |
| George Pullman | Invented the sleeping cars for trains and built a town to house his workers |
| JP Morgan | Banking industry owned the JP Morgan and Co. |
| Robber baron | A businessman who uses ruthless business tactics. |
| What were the factors of industrialization? | Natural resources, Workforce, Free Enterprise, New Inventions, and the Railroad |
| Why did people move to the cities? | To work in factories b.c that is where the industries were. |
| How did the government help support the railroad industry? | Giving land grants to build the railroads and funding. |
| Pull Factors | -Freedom - Economic opportunity and Abundant land |
| Push Factors | -Population growth - Agricultural changes and crop failures |
| What immigrant group is most responsible for the construction of the railroad? | Chinese immigrants |
| What was the typical job for an immigrant? | working on the railroads, mining, or factories. |
| List 3 adjectives to describe factory work. | harsh, underpaid, and popular |
| Why is a monopoly bad for consumers? | Owners can make the price of the product whatever they desire. |
| What group was harassed because they were Catholic? | Irish |
| Why did immigrants group together in neighborhoods? | To preserve their culture like food, music, customs, and language. |
| How did political machines attempt to control elections? | exchanging services like police and fire departments for votes from immigrants by saying that the were 100% supportive of immigration. |
| Impact Industrialization of Immigrants | US population tripled meaning more workers that work for low wages and Child Labor. |
| Impact Industrialization of Railroads | Largest employer, increased size of markets and products, and gave land grants that were later sold to make huge profit. |
| Impact Industrialization of New Inventions | Improved transportation and communication. Ex Light Bulb allowed factories to operate at night. |
Created by:
gglez
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