Ch. 16 Gilded Age (H)

A person who seeks to promote the welfare of others, especially by the generous donation of money to good causes

• Philanthropists

• Entrepreneur

• Good person

• Tycoon

In The Gospel of Wealth, he argues that very wealthy men like him had a responsibility to use their wealth for the greater good of society

• Andrew Carnegie

• John D. Rockefeller

• Cornelius Vanderbilt

• JP Morgan

Cities populations grew in the West, expand in communication and commerce, and growth in settlers are due to-

• The Transcontinental Railroad

• The Klondike Gold Rush

• The Chinese Exclusion Act

• The Telegraph

Which of the following best characterizes the Gilded Age?

• The discovery of goldfields in the West led to an increase in the amount of money issued for circulation.
• Industrialists used their connections with corrupt government officials for material gain and political power.
• In the Deep South a sharp increase in immigration brought a boom in construction and industry.
• Small, family-owned farms were bought and consolidated to form large agricultrual corporations.

During the Gilded Age there was a notable increase in federal support for - 

• the growth of big business
• involvement in foreign wars
• the acquisition of foreign territories
• increased temperance regulations

Economic philosophy based on "Survival of the fittest"

• Social Darwinism
• National Market
• Knights of Labor
• Free Enterprise System

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

• Gospel of Wealth
• Corporation
• Interstate Commerce Act
• Sherman Antitrust Act

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

• Robber Barons
• Bessemer Process
• Monopoly
• Philanthropy

hoped to create a single national union of skilled and unskilled workers, demanding a 8 hour work day, safety codes, better pay and organizing strikes to get companies to grant demands

• Free Enterprise System
• Knights of Labor
• AFL
• Captains of Industry

completed in 1869 at Promontory Point, Utah making it possible to travel by land to California

• Transcontinental Railroad
• Interstate Highway
• Route 66
• Henry Ford's Model T