Industrialization

Front

What are companies who dominate a specific industry (steel, oil, etc.) called?

Back

Monopolies

Front

What did Union workers do when negotiations with their employers failed?

Back

They went on strike.

Front

The sometimes unethical business practices of some industrialists led them to be given this nickname.

Back

Robber Barons

Front

Laissez-faire

Back

belief that the government should have very little involvement in economics

Front

Capitalism is based on the idea of...?

Back

Competition

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

Why was it called the "Gilded Age"?

Back

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

Front

Andrew Carnegie dominated which industry?

Back

Steel

Front

John Rockefeller dominated which industry?

Back

Oil

Front

a belief that the rich are wealthy because they are strong and the poor are weak

Back

Social Darwinism