The Gilded Age Vocabulary - Mod

Front

Economic (money/trade) system where the government does not get involved in business.

Back

Laissez-faire

Front

A business practice in which a single manufacturer controls all of the steps used to change raw materials into finished products

Back

Vertical Integration

Front

A business practice in which a company takes over all of its competitors

Back

Horizontal Integration

Front

Theory that claims the best people in society are the ones who rise to the top and get wealthy

Back

Social Darwinism

Front

An organization of workers that tries to improve working conditions, wages, and benefits for its members

Back

Labor Union

Front

An organized work stoppage intended to force an employer to address union demands

Back

Strike

Front

A company tool to fight union demands by refusing to allow employees to enter its facilities to work

Back

Lockout

Front

A list privately exchanged among employers, containing the names of persons to be barred from employment

Back

Blacklist

Front

A party organization that commands enough votes to maintain control of a city, county, or state

Back

Political Machine

Front

Immigration processing center that opened in New York Harbor in 1892

Back

Ellis Island