Gilded Age Review

Front

What does "Gilded" mean when we talk about the Gilded Age?

Back

Nice on the outside, ugly on the inside

Front

This type of economic system during the Gilded Age allowed for the growth of big business and monopolies with no regulation by the government

Back

Laissez-Faire

Front

What is another name for a Big Business that controls an entire market?

Back

Monopoly

Front

Which law expanded competition and eliminated trusts and monopolies? Options: Interstate Commerce Act, Homestead Act, Sherman AntiTrust Act, Dawes Act

Back

Sherman AntiTrust Act

Front

What was the role of labor unions?

Back

A group that negotiated with companies for better wages and working conditions.

Front

What impact did Andrew Carnegie have on society?

Back

He fueled the economy with his steel production

Front

What impact did Cornelius Vanderbilt have on society?

Back

He built railroads across the nation

Front

During the Gilded age, workers came together to work for better pay, working conditions, and less hours. What were they forming?

Back

Labor Unions

Front

What is a Laissez-Faire economy?

Back

An economy where there is very little involvement by the U.S. government.

Front

Which of the following is a strategy used by unions to force employers to meet labor demands? Injunctions, Lock outs, Scabs, Strikes

Back

Strikes