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City Upon a Hill11p1

City Upon a Hill Ch11 vocabulary part 1

QuestionAnswer
Andrew Carnegie Made his fortune in the steel industry. In his later years, he donated most of his money to establish schools, libraries, and universities around the world.
Robber Baron Muckraker term used for leaders of large corporations and trusts to reflect their power and unscrupulous natures
Muckraker Journalist that portrayed the leaders of corporations and the actions of their companies in unfavorable circumstances, writing “yellow journalism.”
John D. Rockefeller Founder of the Standard Oil company. Known for his practice of buying out his competitors, Rockefeller was a favorite target of muckrakers. He was also a generous philanthropist. His name has become synonymous with massive wealth.
The Octopus Frank Norris’s novel that recounted the depredations of California railroads
The Jungle Upton Sinclair’s muckraker book that exposed the practices of Chicago meat-packing plants
Eugene V. Debs Debs ran for U.S. President five times as a socialist. The last attempt was made while he was serving time in prison for obstructing the draft of WWI.
William Marcy Tweed Boss Tweed was a leader of the Tammany Hall political machine, which rigged elections and stole massive amounts of money from New York City.
Populism 1880’s political movement favoring nationalizing banks and railroads to protect farms and rural towns from the private power and corruption of big corporations
Progressivism Post-populist, urban-based political movement against private power and corporate corruption that looked hopefully toward the future, emphasizing the benefits of science and technology.
Social Darwinism Belief that society, like everything else, is in a state of constant change and development, evolving into ever higher and more complex forms.
Federal Reserve System A quasi-governmental organization formed to regulate the money supply and help keep the economy stable.
Initiative Progressive reform in which citizens could put propositions directly on the ballot through petition and have them become laws by garnering a majority vote.
Referendum Progressive reform in which laws passed by legislatures can be directly submitted to the people for a vote; a majority vote against the law removes it from the books.
Recall Progressive reform in which citizens can call a special election by petition to recall an elected official; a majority vote removes the person from office.
Bank run When most depositors try to withdraw their funds simultaneously from a bank.
Created by: jaredririe
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