Robber Barons

Front

What is the Turner Frontier Thesis?

Back

The Turner Frontier Thesis argues that the American frontier was a key factor in shaping the nation's democracy and character. It suggests that as the West is tamed, America will face a decline unless a new frontier is found.

Tags

CCSS.RI.11-12.9

CCSS.RI.9-10.9

CCSS.RI.K.6

CCSS.RL.11-12.9

CCSS.RL.9-10.9

Front

Who was Cornelius Vanderbilt?

Back

Cornelius Vanderbilt was a prominent American businessman who made his fortune in the railroad industry during the 19th century.

Tags

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

Front

What is a Trust in business terms?

Back

A Trust is an arrangement where companies in the same industry collaborate to control prices and limit competition.

Front

Who created the Standard Oil Company?

Back

John D. Rockefeller created the Standard Oil Company, which became a major player in the oil industry.

Tags

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

Front

What is Horizontal Integration?

Back

Horizontal Integration is a business strategy where a company buys out or merges with its competitors to control a larger market share.

Front

What is Vertical Integration?

Back

Vertical Integration is a business strategy where a company controls multiple stages of production or distribution within the same industry.

Front

What does the term 'Robber Baron' refer to?

Back

'Robber Baron' refers to a wealthy and powerful businessman in the late 19th century who was perceived to have used unethical methods to amass wealth.

Tags

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

Front

What role did Andrew Carnegie play in American industry?

Back

Andrew Carnegie was a steel magnate who led the expansion of the American steel industry and is known for his philanthropic efforts.

Front

What is a Monopoly?

Back

A Monopoly is a market structure where a single company or entity has exclusive control over a commodity or service, limiting competition.

Tags

CCSS.RI.7.7

CCSS.RI.8.7

CCSS.RI.9-10.7

CCSS.RL.7.7

CCSS.RL.8.7

Front

What is the significance of the Gilded Age in American history?

Back

The Gilded Age refers to a period in the late 19th century characterized by rapid economic growth, industrialization, and significant social issues, including inequality.

Tags

CCSS.RI. 9-10.2

CCSS.RI.8.2

CCSS.RL.7.2

CCSS.RL.8.2

CCSS.RL.9-10.2