Practice Industrialization Gilded Age Quiz

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

 act of “ charitable giving”

• Union
• Philanthropy
• Monopoly
• Sherman Antitrust Act

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

• Laissez-Faire
• Robber Barons
• Gospel of Wealth
• Union

theory that government should not interfere in the operation of the free market

• Cul-de-sac
• Laissez-Faire
• Fleur de Lis
• Achtung

prohibited unfair practices by railroads such as charging higher rates for shorter routes

• Interstate Commerce Act
• Child Labor Laws
• Philanthropy
• Sherman Antitrust Act

individuals are free to produce and sell whatever products they wish

• Free Enterprise System
• Social Darwinism
• Gospel of Wealth
• National Market

What major trend occurred to the population of the United States during the industrial expansion of the late nineteenth century?

• farm population increased

• migration to rural areas increased

• immigration decreased

• urbanization increased

The “Gilded Age” was a term coined by Mark Twain. In reference to this time period it means that on the surface America looked prosperous and wealthy, but inside society was decaying and poor.

• True

• False