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the gilded age

QuestionAnswer
robber barons people who would do anything to get filthy rich and rely on farmers
cornelius vanderbilt railroad robber barons
rockefeller owner of standard oil
andrew carnegie the owner of us steel and philanthropist
jp morgan banking and electrical robber barons who would create general electricity
laissez faire hands off in french, the government will leave businesses alone
monopoly when one company dominates business in a given area and eliminates its competition
trust when several competing companies are owned by one person
sherman anti-trust act outlawed monopolies and trust
horatio alger wrote rags to riches stories about the gilded age
social darwinism the idea that some people are more fit to live in society than others
grangers farmer's union
populist party the farmers party in a democratic party led by william jennings bryan
ICC interstate commerce commission a government agency established to regulate railroads
public utility a privately owned business that is government regulated
AFL american federation of labor largest skilled labor union led by samuel gompers
IWW international workers of the world largest unskilled labor union led by bill haywood
strike when workers walk off the job in protest
lockout when factories won't open because labor costs are too high
scab someone who replaces union worker
collective bargaining group negotiations between labor and ownership
yellow dog contract when a worker signs a contract to never join a union
blacklist list of union workers who can't be hired
late 19 century strikes where government favors owners vs union homestead strike, haymarket affair, and pullman strike
Created by: sal99
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