Understanding the Gilded Age

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Gilded Age

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Late 19th century period of rapid economic growth in the U.S.

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Robber Barons

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Wealthy and powerful 19th-century American businessmen

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Andrew Carnegie

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Had a monopoly on the steel industry; donated most of his fortune

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John D. Rockefeller

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Founder of Standard Oil, richest American

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J.P. Morgan

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Influential banker and financier

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Cornelius Vanderbilt

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Railroad and shipping tycoon

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Labor Unions

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Organizations formed to protect workers' rights

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Haymarket Riot

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1886 labor protest in Chicago, turned violent

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Pullman Strike

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1894 nationwide railroad strike

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Sherman Antitrust Act

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1890 law to combat monopolies