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13 Cards in this Set

  • Front
  • Back

Why did businesses consolidate into monopolies, trusts, and holding companies?

To have as much control over an industry as possible

What is Social Darwinsim?

The theory that human groups and raced are subject to the same laws of natural selection

What is the purpose of unions?

To bargain for things like work hours, pay, etc.

Who led the Knights of Labor

Terrence V. Powderly

Who led the AFL?

Samuel Gompers

What was the purpose of organizations such as Grange?

Farmers attempt to organize to gain more power and better economics

What does laissez-faire mean?

"Leave alone" which means that the government leaves the people alone regarding all economic activities. Separation of the economy and state

What were three goals of the populist party?

Government should take over railroads, telephones, and telegraphs


Free coinage


Graduated income tax

Who were the critics of America's new industrial economy? What did they say?

Poor people. They didn't think they were given opportunity to advance themselves.

How did the conditions and characteristics of the workforce change during this period of rapid industrialization?

Low incomes. Unsafe factories.

What were the problems with rapid urbanization?

Cities, housing, sewage, social systems, and transportation was unable to keep up

What was populism?

It was a social and political movement of the people and began under the economic hardship that was being felt by American farmers during the Civil War

How did the U.S. become an imperial power?

The U.S. began its rise as an imperial power with the annexation of Hawaii and the acquisition of Puerto Rico, Guam, and Cuba after the Span-Am War