Gilded Age / Progressive Era (6th Period)

Front

What is the term for a government economic policy of regulating business as little as possible, also known as 'lazy government'?

Back

Laissez Faire

Front

What is the term for a refusal to work until labor union demands are met?

Back

Strike

Front

What event is described as a Chicago strike that turned violent after the detonation of a bomb, and subsequent police shootings of protestors, damaging the labor movement by making unions seem violent?

Back

Haymarket Riot

Front

The Homestead Strike was a significant labor dispute in the United States. What was it?

Back

A violent labor strike at a steel plant

Front

Did the Pullman Strike, a nationwide railroad strike in the United States, end in the strikers getting what they wanted?

Back

No

Front

What is a Monopoly in business terms?

Back

A market structure with a single seller

Front

The Triangle Shirtwaist Factory Fire was:

Back

A major fire in a New York City factory in 1911 that led to significant labor reforms.

Front

Labor Unions are organizations that represent the collective interests of workers in negotiations with employers. True or False?

Back

True

Front

What is Capitalism?

Back

An economic system based on private property and free enterprise.

Front

What is a Robber Baron? Refers to the industrialists or big business owners who gained huge profits by paying their employees extremely low wages. They also drove their competitors out of business by selling their product...

Back

Industrialists who gained huge profits by paying low wages and driving competitors out of business