Industrialization & Gilded Age

Front

Economic philosophy based on "Survival of the fittest"

Back

Social Darwinism

Front

What was designed to prevent companies from engaging in unfair practices that eliminated fair competition?

Back

Sherman Antitrust Act

Front

complete control of a product or service; the elimination of fair competition

Back

Monopoly

Front

act of “ charitable giving”

Back

Philanthropy

Front

inventor known for the telephone and the company that later becomes AT&T

Back

Alexander Graham Bell

Front

Who founded “AFL” in 1881?

Back

Samuel Gompers

Front

Scottish immigrant made his fortune in steelmaking, known for “Gospel of Wealth”

Back

Andrew Carnegie

Front

sometimes used ruthless tactics to destroy competition and keep worker wages low

Back

Robber Barons

Front

limited membership to crafts and skilled workers creating a federation of unions

Back

AFL

Front

theory that rich were obligated to help communities by giving back in the form of libraries, school, universities but not giving directly to individuals

Back

Gospel of Wealth