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44 Cards in this Set
- Front
- Back
- 3rd side (hint)
Manufacturing Capacity |
North and South built many factories to supply army with weapons, ammunition, etc. Once war was over, these factories could be used to make other goods. |
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Wall Street |
Government had used what to raise money for the war? (There was good financial infrastructure now available to finance companies.) |
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Greenbacks |
This is a more modern form of currency used. |
What color does a dollar have? There's an Australian restaurant called the Out__________. |
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High tariffs |
This protected domestic industry. They could be so high because the North controlled politics, and they were able to raise them during the Civil War without southern intervention. |
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Immigration; labor supply |
Due to high ________________, the population of the US doubled from 1860-1900. (Abundant _______________.) |
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Homestead Act of 1862 |
Large farms developed out west thanks to the _______________________. Increased food supply was able to feed cities and it increased demand for manufactured goods. |
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Railroads |
They required lots of steel and coal to build/run and they made it easier to transport goods over long distances (thus making industry more profitable). |
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Laissez-faire |
Government policy to let business go unregulated (no labor laws, unions, corporate taxes, etc.) |
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Trusts |
Formation of ________: giant corporations like Standard Oil (John Rockefeller) and US Steel (Andrew Carnegie) helped increase production. |
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Sherman Anti-Trust Act of 1890 |
Was supposed to break trusts, but it was never enforced, so trusts grew huge. |
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Bessemer Process |
A cheap method to make steel that enabled it to be mass-produced. |
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Electricity |
Powered houses and factories. |
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Thomas; light bulb |
Patents encouraged inventors such as ______________ Edison, who patented the __________________ in this period. |
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Cigarette |
One positive impact of industrialization was that whole new industries were created, such as the _________________ industry. |
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Deflation; monopolies |
One negative impact of industrialization was that farms struggled because of _________________ (prices going down; made debt harder to pay off) and railroad ___________________ charging too much to ship their crops. |
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Greenbackers |
In rural areas, anti-monopoly and anti-deflation groups spring up, creating the _______________________. |
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1873, 1893 and 1907 |
Financial panics occurred in ________, ________ and ________. |
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Chinese Exclusion Act of 1882 |
No Chinese person could enter the US for 10 years. |
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Political machines |
Run cities by arranging for people to get various jobs in exchange for favors. |
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Robber barons |
Business men such as J.D. Rockefeller and Andrew Carnegie were seen as ___________ ___________. |
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Muckrakers |
Journalists who wrote about social issues are called ____________________. |
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Upton Sinclair |
Wrote "The Jungle" about the meat-packing industry. |
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Ida Tarbell |
Wrote about the Standard Oil Company, eventually helping its trust to be destroyed into separate businesses (Exxon Mobil is one). |
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Pullman Strike of 1894 |
Workers protested in the _________________ (250,000 railroad workers; the first almost-national strike), but Grover Cleveland sent in troops to make them go back to work. |
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Jane Addams |
_________________ ran the Hull House, a charity that was largely seen as a model for welfare reform. |
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Theodore (Teddy) Roosevelt |
Vice President under McKinley, then McKinley is shot in 1901 and ________________ becomes president. |
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Northern Securities Company |
First real suit using the Sherman Anti-Trust Act against the ______________________________, which had combined all the northern railroads under one trust. |
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Coal strike |
Roosevelt invites both parties to the White House rather than siding with business. |
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Expedition Act of 1903 |
Gives government lawyers so that they can go after monopolies/trusts. |
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Elkins Act of 1903 |
Regulates railroads, keeps them from charging more to some people and favoring monopolies. |
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Pure Food and Drug Act |
Largely in response to "The Jungle". |
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Department of Commerce and Labor |
Monitors/collects data on all businesses, regulates interstate trade. Puts an end to laissez-faire. |
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Newlands Reclamation Act |
Conservation: establishes ________________________________ to preserve the environment. |
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William Howard Taft |
Hand-picked by Roosevelt to be the next Republican president. |
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16th Amendment |
Allows government to impose income tax. |
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17th Amendment |
Direct election of senators (no longer elected by state legislatures). |
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Bull Moose |
The Progressive Party/ _________________ Party, created by Roosevelt and called the _________________ Party because after he is shot in the chest, he says he feels "as fit as a __________________." |
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Federal Reserve Act of 1913 |
____________ creates the _______________________________ to stabilize the economy/banking system. This acts as a bank to other banks, lending them money when they need it. It also controls how much money is in the economy, so they can prevent deflation. |
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Underwood Tariff Act of 1913 |
Drastically lowers tariffs and replaces them with an income tax. |
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Clayton Act of 1914 |
Essentially replaces the Sherman Anti-Trust Act, since it was too weak. |
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Federal Trade Commission Act of 1914 |
Protects consumers and regulates every business in US. |
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Federal Child Labor Act of 1916 |
Makes it illegal to sell anything made by children under 14 years of age. |
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18th Amendment; moonshining; speakeasies; Al Capone |
Wilson passes the ________________________ during WWI to save grain. This leads to _____________________ and _____________________ (places where alcohol was sold illegally). This contributes to organized crime, such as __________________ in Chicago. |
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19th amendment; women's suffrage |
Men are fighting in WWI, so women go to work. This leads to increased momentum for the right to vote. |
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