Laissez-Faire Economics
The Gilded Age Vocabulary

Flashcard
•
History
•
9th - 12th Grade
•
Hard
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28 questions
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1.
FLASHCARD QUESTION
Front
Back
Economic system in which the government does not intervene in business practices
2.
FLASHCARD QUESTION
Front
Vertical Integration
Back
A business practice in which a single manufacturer controls all of the steps used to change raw materials into finished products.
3.
FLASHCARD QUESTION
Front
Horizontal Integration
Back
A business practice in which a company takes over all of its competitors.
4.
FLASHCARD QUESTION
Front
Tenements
Back
Narrow, low-rise apartment buildings common in cities during the Gilded Age
5.
FLASHCARD QUESTION
Front
Urbanization
Back
The growth of cities
6.
FLASHCARD QUESTION
Front
Which of the following is a characteristic of the Gilded Age? people began moving to rural areas to farm acres of cotton and grain, the political process was opened up to citizens of different ethnicities and social class, America expanded westward to accomplish its goal of Manifest Destiny, the government passed favorable laws to help the growth of big business
Back
the government passed favorable laws to help the growth of big business
7.
FLASHCARD QUESTION
Front
The Gilded Age is infamous for
Back
businessmen bribing government officials
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