Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
21 Cards in this Set
- Front
- Back
American civil war |
War between the northern US states (Union) and the Confederate States of America
|
|
Gilded age |
Time between the Civil War and World War I, U.S. population and economy grew quickly, a lot of political & financial corruption, many wealthy people lived very fancy lives.
|
|
Sherman anti-trust act. |
Law passed (1890) that committed the American government to opposing monopolies. The law prohibits contracts, combinations, or conspiracies “in the restraint of trade or commerce.”
|
|
Trade unions |
An organization made up mainly of workers. Main aims are to protect and advance the interests of its members in the workplace.
|
|
Tariffs |
A tax imposed on imported goods and services
|
|
Entrepreneur |
An individual who, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale.
|
|
Thomas Edison |
Invented the long-lasting light bulb. |
|
Andrew Carnegie |
Led the enormous expansion of the American steel industry i
|
|
Henry Frick |
He founded the H. C. Frick & Company coke manufacturing company, chairman of the Carnegie Steel Company, played a major role in the formation of the U.S. steel manufacturing concern. He also financed the construction of the Pennsylvania Railroad.
|
|
Bessemer Process |
The first inexpensive industrial process for the mass-production of steel from molten pig iron
|
|
John D. Rockefeller |
Founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist
|
|
Grangers |
Campaign for state control of railroads and grain elevators, especially in the north central states, (1870's)
|
|
Recession |
Period of temporary economic decline during which trade and industrial activity are reduced
|
|
Monopoly |
The exclusive possession or control of the supply or trade in a commodity or service.
|
|
Henry Flagler |
American industrialist and a founder of Standard Oil.
|
|
American tobacco company |
(1890) Merger between a number of U.S. tobacco manufacturers. Dominated the industry by acquiring over 200 other rival firms. |
|
Panic of 1873 |
Financial crisis that triggered a depression in Europe and North America that lasted from 1873 until 1879, and even longer in some countries
|
|
Chinese Exclusion Act
|
One of the most significant restrictions on free immigration in US history, prohibiting all immigration of Chinese laborers.
|
|
American protective association |
Anti-Catholic secret society established in 1887 by Protestants
|
|
Tenements |
Piece of land held by an owner.
|
|
'Boss' |
Person in charge of a worker or organization.
|