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19 Cards in this Set

  • Front
  • Back
What is conspicuous consumption?
is the spending of money for and the acquiring of luxury goods and services to publicly display economic power — either the buyer’s income or the buyer’s accumulated wealth.
What is Standard Oil?
was a nationwide conflict between the new American Railway Union (ARU) and railroads that occurred in the United States in summer 1894.John D. Rockefeller was a founder, chairman and major shareholder. As it grew exponentially and engaged in business strategies, tactics and practices that were lawful but drove many smaller businesses under, Standard Oil became widely criticized in the public eye, even as it made Rockefeller the richest man in modern history.
Panic of 1873?
The Panic of 1873 was a financial crisis which triggered a severe international economic depression in both Europe and the United States that lasted until 1879, and even longer in some countries. The depression was known as the "Great Depression" until the 1930s, but is sometimes now known as the Long Depression. The panic was caused by the fall in demand for silver internationally, which followed Germany's decision to abandon the silver standard in the wake of the Franco-Prussian war.
Gilded Age
The Gilded Age was a time of enormous growth that attracted millions from Europe. Railroads were the major industry, but the factory system, mining, and labor unions also gained in importance.
Boss Tweed
often erroneously referred to as William Marcy Tweed (see below),[1] and widely known as "Boss" Tweed – was an American politician most notable for being the "boss" of Tammany Hall, the Democratic Party political machine that played a major role in the politics of 19th century New York City and State. At the height of his influence, Tweed was the third-largest landowner in New York City, a director of the Erie Railroad, the Tenth National Bank, and the New-York Printing Company, as well as proprietor of the Metropolitan Hotel. Tweed was convicted for stealing an amount estimated by an aldermen's committee in 1877 at between $25 million and $45 million from New York City taxpayers through political corruption, although later estimates ranged as high as $200 million.
Election of 1876
was one of the most disputed and controversial presidential elections in American history. Samuel J. Tilden of New York outpolled Ohio's Rutherford B. Hayes in the popular vote, and had 184 electoral votes to Hayes's 165, with 20 votes uncounted. These 20 electoral votes were in dispute in three states: Florida, Louisiana, and South Carolina; each party reported its candidate had won the state, while in Oregon one elector was declared illegal (as an "elected or appointed official") and replaced. The 20 disputed electoral votes were ultimately awarded to Hayes after a bitter legal and political battle, giving him the victory.
Sherman Anti- Trust Act
is a landmark federal statute on competition law passed by Congress in 1890. It prohibits certain business activities that reduce competition in the marketplace, and requires the United States federal government to investigate and pursue trusts, companies, and organizations suspected of being in violation.
Transcontinental Railroads
was a railroad line built in the United States of America between 1863 and 1869 by the Central Pacific Railroad of California and the Union Pacific Railroad that connected its statutory Eastern terminus
Robber Baron
is a pejorative term used for a powerful 19th century American businessman. By the 1890s, the term was typically applied to businessmen who were viewed as having used questionable practices to amass their wealth. Allegedly, their "questionable practices" usually included selling the product at extremely low prices (and paying their workers very poorly in order to do so), buying out the competitors that couldn't keep up, and once there was no competition, they would hike prices far above the original level.
USS Maine
Originally classified as an armored cruiser, she was built in response to the Brazilian battleship Riachuelo and the increase of naval forces in Latin America.
Plessy vs Ferguson
is a landmark United States Supreme Court decision in the jurisprudence of the United States, upholding the constitutionality of state laws requiring racial segregation in public facilities under the doctrine of "separate but equal."
Convict Leasing
Convict leasing provided prisoner labor to private parties, such as plantation owners and corporations like Tennessee Coal, Iron and Railroad Company. Corruption, lack of accountability and racial violence resulted in "one of the harshest and most exploitative labor systems known in American history." [1] African Americans, due to “vigorous and selective enforcement of laws and discriminatory sentencing”, made up the vast majority -- but not all -- of the convicts leased
Booker R. Washington
advisor to Republican presidents. He was the dominant leader in the African-American community in the United States from 1890 to 1915. Representative of the last generation of black American leaders born in slavery, he spoke on behalf of the large majority of blacks who lived in the South but had lost their ability to vote through disfranchisement by southern legislatures.
Sam Hose
was an African American worker who was tortured and executed by a lynch mob in Coweta County, Georgia.
Chinese Exclusion Act
was a United States federal law signed by Chester A. Arthur on May 6, 1882, following revisions made in 1880 to the Burlingame Treaty of 1868. Those revisions allowed the U.S. to suspend Chinese immigration, a ban that was intended to last 10 years. This law was repealed by the Magnuson Act on December 17, 1943.
Great Southwest Strike
was a labor union strike against the Union Pacific and Missouri Pacific railroads involving more than 200,000 workers. In March 1886, railroad workers in the Southwest United States conducted an unsuccessful strike against railroads owned by Jay Gould, one of the most ruthless industrialists of the day. The failure of the strike led directly to the collapse of the Knights of Labor and the formation of the American Federation of Labor.
Haymarket Affair
refers to the aftermath of a bombing that took place at a labor demonstration on Tuesday May 4, 1886, at Haymarket Square[3] in Chicago. It began as a peaceful rally in support of workers striking for an eight-hour day. An unknown person threw a dynamite bomb at police as they acted to disperse the public meeting. The bomb blast and ensuing gunfire resulted in the deaths of seven police officers and at least four civilians, and the wounding of scores of others.
Tulsa Race Riot
was a large-scale racially motivated conflict on May 31 and June 1, 1921, in which whites attacked the black community of Tulsa, Oklahoma. It resulted in the Greenwood District, also known as 'the Negro Wall Street'[1] and the wealthiest African-American community in the United States, being burned to the ground. During the 16 hours of the assault, over 800 people were admitted to local hospitals with injuries, and more than 6,000 Greenwood residents were arrested and detained at three local facilities.
Pullman Strike
was a nationwide conflict between the new American Railway Union (ARU) and railroads that occurred in the United States in summer 1894.