Gilded Age

Front

Why was it called the "Gilded Age"?

Back

America looked bright and shiny from the outside, but had problems, like corruption.

Front

This invention created steel, which was used to build railroads and skyscrapers.

Back

the Bessemer Process

Front

What is a monopoly?

Back

When one person or company controls a market

Front

The growth of cities is called:

Back

urbanization

Front

Workers stick together to fight for better pay and working conditions. This is known as a: trust, union, monopoly, industry

Back

union

Front

Freedom for businesses and consumers in the economy is called

Back

free enterprise

Front

One of the benefits of free enterprise is that

Back

businesses are incentivized to lower their prices so consumers will buy their product

Front

An entrepreneur is someone who

Back

risks their money to start a business with the hopes of making a profit

Front

Negotiating as a group of employees with an employer

Back

Collective Bargaining

Front

Political movement appealing to the masses, farmers used this platform in the Gilded Age:

Back

Populism